“…In their study of the role of investments in the economy of Russia's Far East, Minakir and Prokapalo (2018) point to two fundamental factors of the economic development of that region: 'the volume of investments (both generated in the region and redistributed in its favor from the inter-regional system) and the nature of institutions that determine the possibilities of forming internal and external development resources and their most efficient use. ' Egorov, Babkin and Kovrov (2015), Efremov et al (2016b), andEfremov et al (2017) suggested clustering for the resource-oriented economy of the RS(Ya), capable of creating conditions for concentration and cooperation of the productive potential of subsoil users, and proposed a methodological approach to assessing regional industrial clusters. They pointed to three promising territories: the Southern Yakutia with huge reserves of coal, apatite, iron ore, and gold; the Western Yakutia with its oil, natural gas, and water resources; and the Arctic Yakutia with vast fuel and energy resources (oil, natural gas, coal, natural bitumen, etc.…”