Putin offered to increase advance for infrastructure projects

17.04.2020

During the meeting on development of construction field, the President of Russia Vladimir Putin offered to increase advance for infrastructure projects up to 50%.

“I also ask you to elaborate the question of growth of advances for infrastructure construction contracts. Now we advance 30%, I offer to increase this amount to 50%. It will give construction companies additional current assets that will let them work in a good pace and fulfil obligations to vendors from other fields, preserve workplaces, payments and attract new specialists”, – Vladimir Putin said.

Also the Head of the country ordered the Government of Russia to constantly analyze the situation and adjust development of construction field based on current realities.

Source: RIA Novosti

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