Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
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Infrastructure budget and special treasury loans have proven themselves to be effective tools for the comprehensive development of regions. They support not only the construction, reconstruction, and repair of important infrastructure facilities, but also the accompanying socioeconomic benefits that improve the quality of life for people across the country. For example, in the Southern Federal District, overseen by Deputy Prime Minister Marat Khusnullin, infrastructure loans have facilitated the commissioning of approximately 3 million square meters of residential real estate.
"The Southern Federal District is developing dynamically today. It combines industry, agriculture, and, of course, tourism. The region welcomes millions of travelers annually, so much attention is paid to renewing the urban environment, modernizing infrastructure, and creating comfortable living and recreational conditions. Socially significant projects in the Southern Federal District are being implemented, in part, thanks to infrastructure budget and special treasury loans. Since 2022, the IBC and SKK have facilitated the commissioning of approximately 3 million square meters of housing, attracted over 315 billion rubles in extra-budgetary investment, and created approximately 10,000 jobs," noted Marat Khusnullin.
As a continuation of the IBC program, the Treasury Infrastructure Loan mechanism is being launched this year. According to the Deputy Prime Minister, the Presidium of the Government Commission for Regional Development has approved financing for 33 projects and events using Treasury Infrastructure Loans (TILs) in all eight regions of the Southern Federal District: Krasnodar Krai, Rostov Oblast, Astrakhan Oblast, Volgograd Oblast, Sevastopol, and the Republics of Adygea, Kalmykia, and Crimea. TILs totaling 30.17 billion rubles will be used to upgrade utility infrastructure.
The Ministry of Construction is the curator of the infrastructure loan program, and the public-law company "Territorial Development Fund" is responsible for project implementation.
In the regions of the Southern Federal District, 97 projects and activities have already been completed within the framework of the IBC and SCC mechanisms, including the delivery of new public transport.
Vasily Kupyzin, CEO of the Territorial Development Fund, reported that project implementation is ongoing. "Currently, 41 projects and activities are being implemented within the IBC and SKK. Thirty-six of these relate to utility infrastructure. Infrastructure development in the central-western part of Volgograd is also ongoing, including the design and construction of water supply, wastewater disposal, and electricity networks in the Dzerzhinsky and Krasnooktyabrsky districts," Kupyzin said.
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