The Russian Far East could become a central hub for economic cooperation between Russia and Asia-Pacific nations. There are now new development institutes operating in the region, such as the BRICS New Development Bank and the Asian Infrastructure Investment Bank, which can fund major projects. One of the most important conditions for attracting investors to the Russian Far East is clear and transparent rules for mutually-beneficial cooperation. What conditions must be created in order to attract foreign investment in projects in the Russian Far East? Will the Russian Far East become a focal point for new development institutes? What are the initial results of joint investment funds financed by capital from Russia and from the Asia-Pacific Region?