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MIL OSI Translation. Region: Russian Federation –

The Nizhny Novgorod Region and the Republic of Sakha (Yakutia) became the first regions to receive budget loans aimed at developing infrastructure in the regions. According to the Deputy Prime Minister, applications from these entities for the provision of budget loans were approved by the government commission in accordance with the rules for the selection of projects.

The Nizhny Novgorod Region will receive 8.373 billion rubles for the integrated development of the Nizhny Novgorod agglomeration. The entity has prepared a project for the construction of infrastructure for the period up to 2026 inclusively through funding under the state program, as well as using extra-budgetary sources.

Marat Khusnullin said that the project provides for the redevelopment of the historical part of the city, as well as the development of new territories and the construction of infrastructure in new residential areas with the commissioning of more than 2.7 million square meters. m of housing.

In addition, for the development of the Nizhny Novgorod agglomeration, a comprehensive modernization of public transport is planned. Of the funds provided this year, 1 billion rubles will be spent on the design of the metro construction.

According to Marat Khusnullin, the Nizhny Novgorod Region has comprehensively approached the preparation of the application and, in addition to the application within its limit, provided additional projects that will be considered after October 1 on a competitive basis.

The Republic of Sakha (Yakutia) will receive budget loans in the amount of 4.163 billion rubles. These funds will be directed to the implementation of three projects. Among them – the complex development of the “Voinskaya Chast” quarter (Zvezdny microdistrict) of Yakutsk, the development of the “R” quarter in Neryungri, as well as the construction of residential and infrastructure facilities within the framework of the project “Modernization and development of Russian capacities to create a modern river fleet for inland waterways ways “.

Thus, with the attraction of budget loans in the region, infrastructure will be built for 83 apartment buildings of different storeys and a hostel. Also, new engineering infrastructure facilities will appear in the region and social facilities will be built – schools, kindergartens, clinics, an indoor hockey court.

The implementation of the project “Modernization and development of Russian capacities for the creation of a modern river fleet for inland waterways” contributes to the creation of about 700 jobs in the Republic of Sakha (Yakutia).

Infrastructure budget loans are provided to the constituent entities of the Russian Federation for a period of at least 15 years at a rate of no more than 3% per annum.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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