Yakutsk secures the second position in DFO rankings
The Skinny on Yakutia's Construction Boom
Hey there! Let's chat about the construction game in Yakutia (Sakha Republic), shall we? Here's a quick lowdown on what's shaking things up in this chilly part of the world.
According to the preliminary numbers, the construction sector in Yakutia has raked in quite a hefty sum - a whopping 80.7 billion rubles during the first four months of 2025. But wait, there's more! The Amur Region with a whopping 116.7 billion rubles and the Khabarovsk Krai close behind with 72.1 billion rubles are giving Yakutia a run for its money. Combined, these regions in the Far Eastern Federal District have pushed the total construction volume to a mega 429.1 billion rubles.
Now, it's important to note that a significant chunk of this construction work - around 68.5% to be exact - is handled by organizations that aren't classified as small businesses. This figure includes 63.2% for contract work and 5.3% for work done on a proprietary basis.
But wait, there's more residential goodness too! Yakutia has seen a whopping 48.5% increase in the number of residential buildings commissioned compared to the same period last year. At 299.0 thousand m2, Yakutia ranks a close second after the Primorsky Krai in the Far East Federal District. Buryatia follows suit with 292.7 thousand m2. When you add up the numbers for the entire district, we're looking at a colossal 1.59 million m2 of fresh living spaces.
While our search results don't delve into the top three regions by volume of construction work for the first four months of 2025, we do know that the Far Eastern Federal District has demonstrated a substantial increase in construction work volume, leading Russia in 2023 with a 19.3% boost totaling 1.44 trillion rubles. So, it's safe to say that the construction ecosystem in this region is thriving.
In summary, Yakutia's construction sector is on fire, raking in a healthy 80.7 billion rubles in the first four months of 2025. Although we don't have the exact top three regions by construction volume for early 2025, we do know that the Far Eastern Federal District is leading the charge in construction growth in recent years. Keep an eye on this space for more updates!
- In the first four months of 2025, the finance sector witnessed a substantial inflow of money, as the construction industry in Yakutia recorded an impressive 80.7 billion rubles.
- The business landscape in the Far Eastern Federal District, including sectors like real-estate and construction, has shown significant growth, with industries like finance and investing playing crucial roles in funding these expansions.
- With the construction industry booming across the Far Eastern Federal District, it presents attractive opportunities for investors looking to make substantial returns in the world of business and finance.
