Category: Economics

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Alexander Novak took part in the 22nd meeting of the Valdai International Discussion Club.

The conference is attended by 140 delegates from 42 countries. The platform provides opportunities for constructive dialogue and multilateral exchange of opinions, forming an objective picture of the international agenda, and identifying optimal approaches to addressing the most pressing issues.

During his speech, the Deputy Prime Minister outlined key aspects of the country's economic policy and the main priorities for the coming years. Alexander Novak noted the resilience of the Russian economy and the fuel and energy sector in the face of external challenges, emphasizing the importance of the country's internal potential, entrepreneurship development, innovation, and dialogue between government and business.

"Despite external challenges, the Russian economy is demonstrating resilience and the ability to grow. By maintaining a balanced macroeconomic policy and supporting private initiative, we are confidently moving forward," emphasized Alexander Novak.

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.

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

The "Infrastructure for Life" national project, launched in early 2025, aims to create a new quality of infrastructure, with housing as its central element. Since January, more than 2.4 million families in Russia have been able to improve their housing conditions, according to Deputy Prime Minister Marat Khusnullin.

Providing citizens with high-quality, affordable housing is a fundamental task that directly impacts the well-being of millions of families and the country's demographic future. This work, coordinated by the Russian Ministry of Construction, involves a comprehensive approach, including the construction of new housing, the resettlement of residents from dilapidated housing, and the major renovation of apartment buildings. Thanks to this, more than 2.4 million Russian families have improved their housing conditions since the beginning of 2025 alone. And since 2019, this figure has exceeded 26 million families. Just yesterday, I reported to the President on the progress of our new national project, "Infrastructure for Living." Building on the achievements of previous years, the construction industry is confidently meeting its planned targets. The total volume of housing delivered in the first eight months of this year is 67.5 million square meters. We plan to deliver at least 100 million square meters by the end of the year. These figures are a practical contribution to achieving the President's goal of increasing average housing provision to 33 square meters per person by 2030," said Marat Khusnullin.

The Deputy Prime Minister added that the volume of housing under construction in the country is stable and currently stands at 120.3 million square meters. Urban development potential amounts to 467.6 million square meters, while the volume of housing under current construction permits is 174.8 million square meters.

"One of the measures to improve housing conditions is the resettlement of people from dilapidated buildings. This socially significant program, operated by the Territorial Development Fund, is showing impressive results: since 2019, more than 365,000 Russian families have moved into new homes, and nearly 15 million square meters of uninhabitable buildings have been demolished. Furthermore, a capital repair program helps prevent the premature aging of the housing stock and maintain buildings in good technical condition. Since 2019, work has been carried out in 222,000 apartment buildings with a total floor area of over 919 million square meters, home to over 35 million people. In the first eight months of this year alone, more than 14,000 buildings, home to 2.3 million people, have been repaired. The Fund, monitoring regional capital repair programs, continues to work with the Russian Ministry of Construction to improve this system," noted Vasily Kupyzin, CEO of the Territorial Development Fund.

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.

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

In St. Petersburg, at km 681 of the M-11 Neva highway, construction continues on a transport interchange to Pulkovo Airport.

Construction of the Pulkovo Airport interchange continues at kilometer 681 of the M-11 "Neva" highway in St. Petersburg. The project is currently over 70% complete, according to Deputy Prime Minister Marat Khusnullin.

"At the President's direction, we are constructing a transport interchange to Pulkovo Airport on the M-11 Neva federal highway. This new facility will significantly improve accessibility for residents of St. Petersburg and the Leningrad Region, relieve congestion on Pulkovo Highway during rush hour, and allow for faster travel to the airport. Earthworks (approximately 210,000 cubic meters of sand) have been completed, and the supports for all three overpasses that comprise the interchange have been erected. The steel superstructures, weighing over 2,000 tons, have been installed on two overpasses over Pulkovo Highway, and all 18 reinforced concrete beams have been installed on the third overpass over M-11. Overall, the facility is over 70% complete," said Marat Khusnullin.

On all three structures, specialists are installing permanent formwork and reinforcing the concrete for the subsequent concrete pouring of the reinforced concrete roadway slab. The first section has already been concreted.

According to Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor, asphalt concrete pavement work is also underway on prepared sections at the site. In total, the project calls for paving an area of 55,000 square meters.

"Currently, 60% of the work on the first two of the three planned asphalt concrete pavement layers has been completed. Once these are complete, work will begin on the third layer, which will be made from high-quality SMA-16 stone mastic asphalt mix. Furthermore, approximately 70% of the cable ducts along the roadbed and bridge structures have already been installed at the site, which will accommodate the future installation of power cables, outdoor lighting, the automated traffic management system (ATMS), and the transport safety system. Half of the foundations for the lighting poles have been installed, and the installation of the ATMS frame supports is underway; there will be 12 of them in total. Next, we plan to begin assembling the barrier and parapet fencing, as well as erecting the supports and installing the outdoor lighting lines," noted Vyacheslav Petushenko.

The total length of the future connecting road, including all exit ramps at the intersection of the M-11 Neva and Pulkovo Highway, will be 5.5 km, including both forward and reverse directions. Currently, approximately 350 people and 100 pieces of road equipment are working on the project.

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.