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Russia allocates $2 billion to major construction of military facilities

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Russia allocates $2 billion to major construction of military facilities

More than 118 billion rubles ($2 billion) will be spent in 2017 for construction of military facilities, the Deputy Defense Minister of the Russian Federation, Timur Ivanov, said on Friday over the course of the Single Day of Military Products’ Acceptance.

“This year, the Russian Defense Ministry provided 118 billion rubles for the purposes of major construction. The basic funding amount, that is 88.6 billion rubles, or 75% of the total volume of the funding, accounts for special (military) facilities, deployment of weapons and military equipment”, — Timur Ivanov explained.

“This will allow us to guaranteedly put in operation and synchronize the timing of deliveries of weapons and military equipment with the terms of commissioning of military infrastructure’s facilities”, — the Deputy Minister said.

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