As part of his message to the federal assembly, Vladimir Putin revealed details of a new initiative related to housing construction. New quarters will be built in Russia at the expense of government subsidies. The Sakhalin Oblast was among the pilot regions.
The DOM.RF platform will be the main operator of the project. The state corporation has already registered a specialized project finance company called Infrastructure Bonds. It will issue securities on the stock market and issue construction loans directly to contractors. Moreover, at the minimum rates, which in the long term should reduce the cost per square meter in new buildings, and then in the secondary market.
On Sakhalin and the Kuril Islands, such a project will help implement large-scale projects for the development of entire residential areas. Loans in the form of bonds are proposed to be issued not only for the construction of houses, but also for the related infrastructure. This part of the president’s message has already been commented on by island experts.
– The specificity of the geographic location of the Sakhalin Region in many ways creates certain moments for the pace of economic development. And it is important that now the governor should have more resources for the self-sufficiency of the development of the region, including special credit resources. I am sure that the business operating in the region will only benefit from this, expanding the planning horizon and the population will feel a favorable climate, – said Vladimir Suprun, businessman and honorary citizen of Yuzhno-Sakhalinsk.
Before transferring this experience to the whole country, the mechanism will be worked out in several pilot regions. In addition to the Sakhalin region, they included the Tula and Tyumen regions, as well as the Kuzbass.
