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Far East modernizes the industrial infrastructure of 15 ports and two cities with PPP - EastRussia | Far East

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At Far East, the industrial infrastructure of 15 ports and two cities is being modernized through PPP

At Far East, the industrial infrastructure of 15 ports and two cities is being modernized through PPP
Photo: pixabay.com

The Far East Investment Promotion and Export Support Agency proposes to modernize industrial infrastructure through public-private partnerships. Now, together with the largest state-owned banks, a new mechanism is being developed.

“We offer a new format for the use of PPP. No one is surprised by the examples when, with the help of a concession, a bridge or road is built, hospitals and medical centers appear. As a rule, the state provides a grant for construction, and part of the funds is invested by the investor - market forces alone are insufficient for the emergence of such facilities, ”commented Leonid Petukhov, Director General of ANO IPA.

First of all, we are talking about the modernization of the industrial zones of 15 ports and two cities - Komsomolsk-on-Amur and Svobodny. So in the city of Youth, they are going to erect an industrial site - a kind of universal megazavod, which will become an accurate assembly of various industries. For this and other planned projects, the total investment will be at least 500 billion rubles.