List of comprehensive development projects with state participation to be ready by mid-2017

03.10.2016

The Ministry of construction intends to complete a list of comprehensive development projects to mid-2017, these projects will be supported by the state in terms of infrastructure, told reporters the Head of the Ministry of Construction Mikhail Men.

According to him, choice criteria for projects which will be included in the program of state participation should be developed in October. “As part of the priority project for development of housing construction and urban environment we will adopt the relevant rules by mid-late October. The rules will help to determine the appropriate neighborhoods for comprehensive development which will be included in the program,” said the minister.

It is expected to choose the projects until mid-2017. “Until the middle of the next year will try to make a list of projects,” he said.

The Minister said that such projects will be supported: there will be interest rate subsidies for engineering infrastructure and direct subsidies for social and transport infrastructure.

“We have estimated approximately 20 billion rubles in the state program funds,” Mikhail Men said, adding that now it is difficult to say how many projects can be included in the program.

RIA- Real Estate

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