The state program for the development of Crimea has been extended until 2025 with an increase in funding

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The Russian government has extended the state program for the socio-economic development of the Republic of Crimea and the city of Sevastopol until 2025. The volume of financing was increased to 712 billion rubles. The document was published on the portal of draft legal acts.

The initial program was approved in February 2019. 310 billion rubles were allocated for its implementation until 2022. These funds were used to create more than 200 objects, including the Crimean bridge, an energy bridge, an airport in Simferopol, two thermal power plants, the Tavrida highway and others.

The main difficulties in the development of the peninsula are associated with sanctions, which complicate the attraction of large contractors. In early December, the Crimean authorities announced the risks of incomplete disbursement of funds. In 2019, the program included the construction of the eastern and southeastern bypass of Simferopol, a bridge crossing over the Sevastopol Bay and the reconstruction of the highway along the southern coast of Crimea.

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