In Russia, the deterioration of utilities infrastructure is a significant problem. Work to upgrade obsolete infrastructure and ensure that water supplies and wastewater treatment facilities meet quality standards requires a higher level of financing than the state alone can provide. The costs cannot be borne by the final consumer, while tariffs sometimes do not even cover operating expenses, not to mention the funds needed to provide a return on investment. To address the problem, an integrated approach is needed involving the Ministry of Construction, Housing and Utilities and market participants under the Housing and Utilities Strategy 2035. This programme outlines a key goal to provide high-quality and reliable housing and utilities services at an affordable price. The strategy will consist of several sections: heat supply, water supply and sanitation, housing, investment, and environmental and HR policy. Put together, it will be possible to comprehensively analyse current problems and find solutions. The adoption of long-term and business friendly rules also forms a key component of the strategy. But what does business think about the investment potential of housing and utilities? Are there any opportunities to increase investment in this area, and will the digitalization of the industry help? Will national projects enable additional private investment to be raised to augment programmes to replace the utilities infrastructure? What changes does business consider necessary for the regions to receive the necessary funds, and does the state agree? These issues, approaches, and practices will be discussed by business and regional government representatives with the support of the Ministry of Construction, Housing and Utilities.