Invest in Russia — invest in Russian regions!
All analytics

Event Passport of the Region: Kamchatka

Analytical digest
27 September 2019
Kamchatka is the most remote region from the central part of the country, an area with pristine nature. In this publication, the Russian Convention Bureau provides an all-round description of the region covering its geography, economy, event industry, tourism, culture, and traditional cuisine. The authors of the report speak about the diverse flora and fauna of the region and note the fact that the natural volcano landscape in Kamchatka was included in the UNESCO World Heritage List. At the same time, Кamchatka Krai is one of the least inhabited constituent territories of the Russian Federation.

The fishing industry is the main link in the economic structure of Kamchatka Krai. In addition to fishing, processing fish, studying fish and fish farming sectors, the local economy includes a number of auxiliary and service sectors, as well as institutions of manufacturing and social infrastructure. The most important of those are ship repair, construction, transport, storage and transshipment of fish products. The main types of economic activities that provide for most of the GRP volume, besides fishing and fish farming, are processing industries, wholesale and retail trade, healthcare and social services, natural resources, and tourism.

The number of tourists coming to the region has been growing over the past several years. In 2018, Kamchatka Krai was visited by almost 26,000 foreign tourists, which is almost twice as many as in 2017. The total number of tourists who came to Kamchatka last year exceeded 215,000 people.

The Kamchatka Exhibition and Investment Center is the only venue on the peninsula which holds more than 10 exhibitions each year, along with other various large-scale events and activities. The largest events recently held at the venue are the Kamchatka Forum of Entrepreneurs (November 26-28, 2018), the Architectural Exposition, the «Your Home 2018» exhibition, and the Kamchatka Business Strategy and Management Cup.

Anlytics on the topic

All analytics
Analytical digest
6 November 2018
Is the event infrastructure worth investing?

The third special edition of Open to the World, a publication by the Russian Convention Bureau, presents answers of leading experts of the event industry to the question asked in the heading of the publication.

Expert opinion
31 August 2021
Alexei Chekunkov: “The Russian Pacific Could Become A New Frontier – a Place of Experimentation”

Minister for the development of the Russian Far East and Arctic Alexei Chekunkov speaks about new opportunities offered by the far east in an evolving world, the impact of the pandemic, and an elite force of management personnel


Research
4 September 2022
Regional Labour Markets in New Economic Conditions

This report by the Center for Strategic Research (CSR) assesses the impact of the current geopolitical situation and the structural transformation of Russia’s economy on the country’s labour market.

Articles
30 August 2021
The Far East: New Challenges And Opportunities

The pandemic has sent shockwaves through the global economy, and has delivered a clear message to all nations: there can be no future without international cooperation, digitalization, and high-quality healthcare. It is not enough to possess rich reserves of natural resources — steps also need to be taken to boost investment initiatives and enact positive social change. Today, these aims are beginning to be fulfilled with the introduction of advanced special economic zones and other incentives in the Russian Far East.