The funding will be used to build and overhaul the housing and utilities sector, as well as road structures and social facilities, as per the press release of the Russian Government, following a meeting of the Presidium of the Commission on Regional Development.

The Primorye Territory has received ten billion rubles for building and upgrading utility mains. There are also plans to reconstruct the Rudnevsky Bridge. A wider, four-lane, road will reduce traffic congestion and improve driving conditions for over 625,000 local residents.

The Murmansk Region is eligible for 3.52 billion rubles, due to be spent on utility infrastructure for the comprehensive development of a local residential area. The funding will also help modernize power supply networks in large residential buildings and overhaul an indoor swimming pool in Murmansk.

“All socially significant projects have been selected within the framework of treasury infrastructure loans, they directly influence people’s living standards, as well as comprehensive and long-term territorial development,” Deputy Prime Minister Marat Khusnullin noted.