Translation. Region: Russian Federation –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
In 2024, construction and modernization of 46 facilities was completed in Russia thanks to the implementation of infrastructure budget loans (IBL) programs, which are part of the Government’s socio-economic initiative “Infrastructure Menu”. This was reported by Deputy Prime Minister Marat Khusnullin.
“The tool of infrastructure budget loans is designed to improve the quality of life in the regions of our country. With the involvement of IBC funds, which were distributed between 83 regions, we are conducting large-scale comprehensive work on the construction and modernization of facilities necessary for citizens. In total, since the beginning of the year, 46 engineering, road, tourist, social infrastructure facilities and infrastructure of special economic zones have already been completed in 19 regions of the country. Thanks to them, residents will receive higher-quality utilities, modern social facilities, renovated roads, which serves as an additional incentive for housing construction, an increase in the number of jobs, an improvement in the quality of life of citizens and the popularization of tourist routes,” said Marat Khusnullin.
As reported by the First Deputy Minister of Construction and Housing and Public Utilities Alexander Lomakin, IBCs have established themselves as one of the most popular instruments of state support for the construction of infrastructure facilities in the regions.
“In the third quarter alone, 13 infrastructure facilities, including educational facilities, were built and commissioned in 7 regions using IBC funds. Soon, more than 4,000 children will be able to receive education in new modern schools and kindergartens equipped with everything necessary,” noted Alexander Lomakin.
Thus, among the Russian regions where new infrastructure was built thanks to IBC are Vladimir, Voronezh, Moscow, Rostov, Penza, Novosibirsk regions, and the Chuvash Republic.
“The IBC tool facilitates the implementation of significant projects that have a positive impact on the appearance of populated areas. Today, about 540 objects are being worked on in Russian regions with the involvement of IBC funds. We see that the mechanism is in high demand for updating infrastructure in all areas,” said Ilshat Shagiakhmetov, CEO of the Territorial Development Fund.
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