Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
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Marat Khusnullin: More than 1.1 million square meters of housing have been commissioned in the North Caucasus Federal District since 2021 thanks to infrastructure loans.
The North Caucasus Federal District comprises seven regions: the republics of Dagestan, Ingushetia, North Ossetia-Alania, the Kabardino-Balkarian, Karachay-Cherkess, and Chechen republics, and Stavropol Krai. Their infrastructure development is facilitated, among other things, by financial support mechanisms such as infrastructure budget loans (IBK), special treasury loans (STL), and treasury infrastructure loans (TIL).
"The positive impact of infrastructure loans is reflected not only in the opening of new and renovated facilities but also in comprehensive changes in the regions. Projects implemented with the involvement of IBC and SKK in the North Caucasus Federal District since 2021 have contributed to the commissioning of 1.1 million square meters of housing, the attraction of 119.6 billion rubles in extra-budgetary investment, and the creation of more than 13,600 new jobs," said Deputy Prime Minister Marat Khusnullin.
He added that the leaders in the commissioning of residential real estate were the Stavropol Territory (548.9 thousand sq. m), the Chechen Republic (396.7 thousand sq. m), the Republic of North Ossetia-Alania (93.9 thousand sq. m), and the Kabardino-Balkarian Republic (80 thousand sq. m).
First Deputy Minister of Construction and Housing and Public Utilities Alexander Lomakin reported that a total of 74 projects and activities are planned to be completed in the North Caucasus Federal District using budget loans.
"Since 2021, 49 projects and activities have been completed in the North Caucasus Federal District thanks to the infrastructure loan program. Furthermore, with funds from the IBC and SKK, 45 trolleybuses have been delivered to the regions in Stavropol Krai and 488 buses to the Kabardino-Balkarian, Karachay-Cherkess, Chechen, Ingushetia, North Ossetia-Alania, and Stavropol Krai," said Alexander Lomakin.
Vasily Kupyzin, CEO of the Territorial Development Fund, reported that in 2025, the Government Commission for Regional Development also approved treasury infrastructure loans totaling 23.35 billion rubles for the regions of the North Caucasus Federal District.
"In total, KIK funds are planned to be allocated to 15 projects and activities. For example, in Stavropol Krai, water intake facilities with a capacity of 300,000 cubic meters per day will be built. And in the Republic of Dagestan, thanks to KIK, construction of the Chirkey-Makhachkala-Kaspiysk main water pipeline and a pressure line from Makhachkala's main sewage pumping station No. 6 to the Kaspiysk wastewater treatment plant will be completed," added Vasily Kupyzin.
The infrastructure loan program is supervised by the Russian Ministry of Construction, and the Territorial Development Fund is participating in its implementation.
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