This was reported by the press service of the government.

“The Government of the Russian Federation decides: to create the territory of the leading socio-economic development“ Capital of the Arctic ”in the territories of the Kola District municipality and the city of Murmansk City of the Murmansk Region,” the statement said.

The minimum amount of capital investments of TOR residents in the implementation of the relevant types of economic activity is 500 thousand rubles.

In February, it was reported that the territory of the accelerated development of the “Arctic Capital” may appear in Murmansk.