>The problem of course is infrastructure rot and corruption have gutted much of the non Muskovy areas of the Russian federation.
Export infrastructure is in a very good shape (e.g. railroads, which are used for export of coal, grain etc, pipelines and container terminals) and there’s plenty of new manufacturing capacity there across the country. Russia does have industrial policy for import substitution since 2000s and managed to localize some production, so this is not really a problem.
The real problem is the shortage of labor, the unemployment is already very low there. Just like in USA and Europe it is partially solved by the immigration from Global South, in this case from Central Asia. But this also means that skilled labor is not super-cheap. Russia can be a strong partner on some markets (energy, aerospace, IT) and can bring a lot of value in entrepreneurial culture and customer service (unknown to the West, but superior to anywhere else in Europe).
Export infrastructure is in a very good shape (e.g. railroads, which are used for export of coal, grain etc, pipelines and container terminals) and there’s plenty of new manufacturing capacity there across the country. Russia does have industrial policy for import substitution since 2000s and managed to localize some production, so this is not really a problem.
The real problem is the shortage of labor, the unemployment is already very low there. Just like in USA and Europe it is partially solved by the immigration from Global South, in this case from Central Asia. But this also means that skilled labor is not super-cheap. Russia can be a strong partner on some markets (energy, aerospace, IT) and can bring a lot of value in entrepreneurial culture and customer service (unknown to the West, but superior to anywhere else in Europe).