The development of campuses should be funded from a variety of sources, not just the state budget
We don’t think about these campuses in the same logic as social security, when we take public money, build and then load all this infrastructure on the shoulders of universities and say: ‘Now deal with this’. No, we held discussions with [acting Khabarovsk Territory Governor] Mikhail Degtyarev about how this is a distinctive feature of the new generation of infrastructure policy. We are building them with multichannel financing and the use of private funds — Valery Falkov, Minister of Science and Higher Education of the Russian Federation.
We aren’t earmarking these RUB 50 billion for the construction of campuses as budget investments, as it was done in Soviet times, but as multi-channel financing. This means that this is a different kind of responsibility. For the first time, an attempt is being made to implement a project in which there will be a lot of participants who work together — Mikhail Alashkevich, Managing Director, VEB.RF.
Projects should pay for themselves not only through government subsidies and budget subsidies. They should pay for themselves through commercial revenue, such as possibly attracting these users from a campus. It could be students or teachers. But if the project is properly integrated into the urban environment, then there will be other users who will generate the commercial revenue that will reduce the burden on the budget — Andrey Kiselev, First Deputy General Director, VTB Infrastructure Holding.