Marat Khusnullin: New regional applications for treasury infrastructure loans have been approved.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Marat Khusnullin chaired a meeting of the Presidium (Headquarters) of the Government Commission on Regional Development. Participants discussed preliminary results of the "Infrastructure for Life" national project and federal projects, and reviewed recent applications for project financing using Treasury Infrastructure Loans (TILs).

"Following the President's instructions, we continue to monitor housing construction in the regions. The groundwork we've built so far allows us to maintain a good pace. The volume of housing under construction has increased to 120 million square meters, up 2% from last year, and urban development potential has grown to 471 million square meters. We must maintain this pace and ensure that housing is commissioned this year—over 100 million square meters. We are also continuing to actively modernize the country's road network and public utility infrastructure. It's important for regional leaders to delve deeper into housing and utilities issues: take personal control of the industry's status and pricing, and review reserves and technical parameters. A comprehensive and systemic approach is needed here," said Marat Khusnullin.

In terms of achieving key performance indicators, Marat Khusnullin noted the high results of the Saratov Region, the Republics of Tatarstan, Buryatia, North Ossetia-Alania, and Perm Krai.

In his report, Minister of Construction and Housing and Public Utilities Irek Faizullin noted that the comprehensive modernization of public utilities infrastructure is a priority for Russia's construction industry.

"The goal is to increase the grid replacement rate to 2.5% by 2030 and improve the quality of housing and utilities services for 20 million people across the country. The Russian Ministry of Construction, together with the Federal Resources Fund, has launched a corresponding monitoring program for comprehensive plans and memoranda. To fulfill these obligations, regions must analyze the relevance of utility plans and comprehensive plans, ensure the specificity and accuracy of technical solutions incorporated into design documentation, assess the impact of implemented measures on industry indicators, and monitor unit costs and the performance of utility companies. There are indeed many tasks. We are working systematically, including on increasing the digitalization of the housing and utilities sector and streamlining interactions between regional agencies," stated Irek Fayzullin.

During the meeting, the Presidium of the Government Commission reviewed applications for treasury infrastructure loans.

"We continue our systematic work on distributing treasury infrastructure loans. We have approved new applications from the Nizhny Novgorod Region, the Yamalo-Nenets Autonomous Okrug, the Republic of Sakha (Yakutia), and the Republic of Karelia for a total of 19.8 billion rubles. These are important decisions that directly impact the socioeconomic development of communities and regions as a whole. More specifically, the projects cover a variety of areas: sports, tourism, and road infrastructure. The quality of public services will also significantly improve for hundreds of thousands of residents. The implementation of these projects depends largely on the coordinated and efficient work of regional teams. Residents should receive new facilities and see positive changes as soon as possible," noted Marat Khusnullin.

The Ministry of Construction oversees the Treasury Infrastructure Loans program, and the Territorial Development Fund participates in its implementation.

"The Territorial Development Fund continues to process applications for funding infrastructure projects under the CIC. Currently, projects from 82 regions have been approved, totaling 353.63 billion rubles. These funds will be used to modernize housing and utilities, as well as develop social, road transport, and tourism infrastructure," said Vasily Kupyzin, CEO of the Territorial Development Fund.

Specifically, the Nizhny Novgorod Region was approved for a 6.4 billion ruble CIC for the modernization of its public utility infrastructure. The planned work includes the reconstruction of the water supply system, sewer system, and the construction of four boiler houses.

Additionally, 2.28 billion rubles will be allocated to the Yamalo-Nenets Autonomous Okrug for the equipping of ski slopes and ski lift infrastructure.

In the Republic of Sakha (Yakutia), plans are underway to use 10.18 billion rubles of KIK funds to build a bridge across the Lena River near Yakutsk and connect the new Sportivny microdistrict to utility networks.

In addition, the Republic of Karelia will receive a KIK grant of 1.02 billion rubles for the reconstruction of the stadium and major repairs to water treatment facilities.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.