Breaking the Ice: The Northern Sea Route
... $10’s of billions. That said China had two crucial factors, the relatively easily accessible terrain and a huge population via which the tax burden for such construction can be shared. For Russia major Arctic projects lack both, as construction on permafrost is far from easy and the constantly dwindling population due to migration or death undermines the internal market. As Shtokman Development Company Andrey Krivorot outlines after the Caucasus, the Arctic is the second region for biggest migration ...
08.01.2014