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 Presidium of the Government Commission on Regional Development, led by Deputy Prime Minister Marat Khusnullin, approved the financing of residential infrastructure in the Republic of Sakha (Yakutia) using infrastructure bonds.
"Following the President's instructions, we continue our work on the comprehensive development of the Far East. Infrastructure bonds are an effective tool for creating high-quality infrastructure and accelerating housing construction in the regions. Yakutia's new application for a total loan of 5.8 billion rubles was approved. These funds will be used to build a street and road network, utilities, and landscaping a residential complex in Yakutsk. The project will provide comfortable living conditions for approximately 7,300 families. Currently, the total number of projects using infrastructure bonds has reached 57. Work is currently underway in 29 regions of Russia, with 33 facilities already operational," said Marat Khusnullin.
Thanks to the infrastructure bond mechanism, roads, utility networks, schools, kindergartens, and tourist facilities are being built, and public transport is being updated.
"The infrastructure bond mechanism guarantees uninterrupted, preferential financing for infrastructure construction and helps attract investment into the construction industry. The Far Eastern Federal District is considered one of the leaders in the number of projects implemented with the help of our infrastructure bonds. In Yakutia, a school is already being built using preferential financing, and now we are expanding its use to build infrastructure for the Lenskiye Vysotsky residential complex. We expect that the project's implementation in Yakutsk will enable the commissioning of 363,000 square meters of housing by 2035," noted Alexander Aksakov, Managing Director of DOM.RF.
In addition to the infrastructure loan, the construction of the Lenskie Vysotsky residential complex itself is supported by project financing from DOM.RF Bank in the amount of 55.7 billion rubles.
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.