The Far East Development Fund was established by the President and the Prime Minister of the Russian Federation.The Fund is a state finance development institution which warrants a flexible approach to projects' structuring and financing. The Fund invests in the venturing and infrastructure, which have significant social and financial impact to the economic development of the region.The Fund as a part of unified system, set up to accelerate the development of the Russian Far East, cooperates with the Embassy of the President of Russian Federation in the Far Eastern Federal District, Ministry of Far East Develpment and its stakeholder Vnesheconombank.