President Putin calls for upgrading the country’s inland waterways core infrastructure

This will create additional economic effects in the fields of industry, tourism and regional development

Russia's core infrastructure (including hydroengineering complexes) along the country’s inland waterways (IWW) needs to be modernized, President Vladimir Putin stated this during his annual address to the Federal Assembly.

“Due to this, we can ensure additional economic effects both in the field of tourism and in the development of industry in certain, sensitive and very important regions for us, including the regions of the Far North,” Vladimir Putin was quoted as saying.

He emphasized that modern infrastructure directly works for the capitalization of all assets and regions of the country.

It’s worth noting that waterborne traffic on Russia’s inland waterways declined 6.4% year-on-year to 108,8 million tonnes in 2023.