You know that 2020 was not an easy year, yet the construction industry completed RUB 9.5 trillion worth of construction work. This is more than in 2019 […] The tasks that have been set for us by the national goals cannot be fulfilled without the fundamental changes that are needed in our territory. We have made a lot of these changes. In particular, regulatory support. The constituent entities are adopting the appropriate legislation, and the infrastructure menu that we have calls for RUB 500 billion in infrastructure loans to the regions [...] This entire mechanism needs to be implemented really actively in the specific projects that our regions are preparing today — Irek Fayzullin, Minister of Construction and Housing and Communal Services of the Russian Federation.
The infrastructure menu that is being offered to the country’s regions today is extensive and includes three general lines: a budget loan of RUB 500 billion, and another RUB 500 billion in funds that remain in the region and don’t have to be returned to the federal budget so that they can be spent on infrastructure. And the proposal that has now been delegated to us is infrastructure bonds: we expect to invest about RUB 150 billion in construction over the next three years — Vitaly Mutko, Chief Executive Officer, DOM.RF.
We have looked at all industries: housing and utility services, sports, culture – what we want to do. A source of funding has been selected for each site, such as an infrastructure loan, infrastructure bonds, money in an account, and funds from national projects. We have made all the decisions for ourselves and already started sending applications for all the items on the infrastructure menu. So, we are very pleased with the opportunities that both DOM.RF and the Russian Government have provided us — Igor Artamonov, Head of the Administration of Lipetsk Region.
As far as infrastructure projects are concerned, we are considering a major project called ‘Industrial Quarters’, which involves the comprehensive development of territories in Moscow. We plan to involve total area of around 2,000 hectares in this programme. We see potential construction volume on this area of about 40 million square metres of both commercial as well as industrial and office premises. Of course, some part of it will be housing construction — Vladimir Efimov, Deputy Mayor of the City of Moscow for Economic Policy and Property and Land Relations.