Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
The implementation of infrastructure projects using infrastructure budget loans (IBK), special treasury loans (STL), and treasury infrastructure loans (TIL) facilitates the comprehensive development of regions. This includes the modernization of social, utility, and road infrastructure essential for comfortable living, as well as increasing construction volumes and attracting additional investment.
Residential complex in the Leningrad region.
"In the Northwestern Federal District, thanks to projects implemented with the participation of IBC and SKK, more than 6.8 million square meters of housing have been commissioned, more than 10,000 jobs have been created, and over 470 billion rubles in extra-budgetary investment has been attracted. Overall, infrastructure loan funds have been approved for 236 projects and activities in the Northwestern Federal District," said Deputy Prime Minister Marat Khusnullin.
The Deputy Prime Minister noted that the leaders in housing commissioning, facilitated by projects under the infrastructure loan program, include St. Petersburg (3.6 million square meters), the Leningrad Region (1.3 million square meters), and the Vologda Region (more than 1 million square meters).
First Deputy Minister of Construction and Housing and Public Utilities Alexander Lomakin noted that 56 projects and events have been completed in the district thanks to funds from the IBC and SKK.
"Among them are a more than 6-kilometer-long access road to the Chovsky industrial hub and a 1.7-kilometer-long reconstructed section of 4-ya Promyshlennaya Street in the Komi Republic, a new kindergarten and school for 1,224 students in the Vologda Region, and a major overhaul of the heating network along Voskresenskaya Street in Arkhangelsk," said Alexander Lomakin.
Vasily Kupyzin, CEO of the Territorial Development Fund, reported that work is currently ongoing on 180 projects and events in the district.
"This includes the reconstruction of Boiler House No. 1 in the workers' settlement of Pushkinskiye Gory in the Pskov Region, where it will be converted to natural gas. Construction of a wastewater treatment facility in Naryan-Mar in the Nenets Autonomous Okrug is ongoing. Furthermore, there are plans to build the Russkoye-Yantarny-Belaya Dune road for the development of the Belaya Dune resort in the Kaliningrad Region, as well as a number of municipal facilities in the Murmansk Region," noted Vasily Kupyzin.
The Ministry of Construction oversees the infrastructure loan program, and the Territorial Development Fund is participating in its implementation.
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