GOVERNMENT OF THE RUSSIAN FEDERATION HAS EXPANDED POSSIBILITIES OF SUPPORTING MUNICIPAL INFRASTRUCTURE AT THE EXPENSE OF THE BUDGET
Resource supply companies will be reimbursed for the costs that were spent on the construction of engineering networks
Government of the Russian Federation has approved a resolution*, which was developed by FAS Russia.
The document provides for the formation of a mechanism to support municipal infrastructure at the expense of the National Welfare Fund and other loan funds.
The resolution of the Government of the Russian Federation also introduces a provision on a comprehensive application in the field of water supply.
The resource supply company, at the request of the developer, can build engineering networks with the involvement of NWF funds for technical connection to heat, water supply, and sanitation.
It will allow organizations to build larger networks at once, taking into account the connection of all potential facilities, which will eventually distribute the load on all participants in the process.
As a result, the adopted resolution will accelerate the investment and construction cycle by developing urban development potential, which should also help achieve the national goal** to increase the annual volume of housing commissioning.
For reference:
* Resolution of the Government of the Russian Federation of 11.30.2023 No. 2038 "On Amendments to Certain Acts of the Government of the Russian Federation"
** Decree "On National Development Goals of the Russian Federation for the period up to 2030" http://www.kremlin.ru/events/president/news/63728