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Russian PM urges to create clear investment mechanism in housing sector

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Russian PM urges to create clear investment mechanism in housing sector

Prime Minister of Russia Dmitry Medvedev said that it was necessary to offer to business a mechanism for investing in the modernization of public utilities.

“Regarding housing and utility services, one of the main issues is attracting private investments, private capital. We agreed that the current project should include the preparation of model credit solution for attracting investments, while business has to be offered a clear algorithm of investing in the modernization of public utilities,” — Dmitry Medvedev said.

The Prime Minister also stressed that amendments to the legislation would be developed, that would allow to influence the management of gas supply facilities, which are in private ownership.

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