The session “Infrastructure bonds as an effective mechanism for the development of regions” is included in the business program of the 25th anniversary of the St. Petersburg International Economic Forum, which will be held from June 15 to 18 at the Exhibition Center and Expoforum convention.
Sanctions pressure, high inflation and disruption of supply chains are undoubtedly having a significant impact on the development prospects of regional economies. Without effective state support measures, many regional projects scheduled for implementation this year will have to be revised due to rising project costs and rising interest rates, and some will have to be completely abandoned. The “Infrastructure Menu”, developed by the Government of the Russian Federation, is designed to prevent a decline in the volume of infrastructure and housing construction and support key projects in the regions. One of the key mechanisms of the “menu” is infrastructure bonds, the operator of which is a single development institution in the housing sector represented by JSC DOM.RF.
– Infrastructure bonds are an effective tool for financing large-scale infrastructure projects at a reduced rate. Regions can use this mechanism both for the implementation of housing projects and for the construction of communal, social, transport infrastructure and other amenities for the needs of the entire city,” said the general manager of DOM.RF Vitaly Mutko.
At present, 13 projects have already started in 8 constituent entities of the Russian Federation, and more than 50 projects totaling more than 250 billion rubles are under development. The implementation of such projects has a multiplier effect and could act as a locomotive to support the economy.