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What did Chibis say about public-private partnership in housing and communal services?

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What did Chibis say about public-private partnership in housing and communal services?

In Russian housing and communal services, a public-private partnership is working successfully and promoting an improvement in the quality of services, it was claimed today at the Forum taking place in Kazan on housing and communal services by the deputy minister of construction and housing and communal services of the Russian Federation, Andrey Chibis. According to him, public-private partnerships in housing and communal services are one of the most effective instruments in the modernization of this sphere. There are now in Russia already more than 400 concessions in this area, 112 of them concluded in 2014 under the new rules. The volume of investment programs which are being realized in housing and communal services exceeds 300 billion rubles. In total, more than 100 large investment projects are being realized. These are only the first steps of structural reform being carried out in order to attract private business to the management of infrastructure. As examples, Chibis pointed out Tambov and Petrozavodsk, where, with the participation of private operators, water supplies have been seriously improved. Today in Russian housing and communal services, conditions have been created that are necessary to attract private capital. It is one of the most attractive areas for investment because it is an absolutely reliable segment of the Russian economy with guaranteed domestic demand. The task now is not to change the law but to constantly launch new projects and construction to modernize municipal infrastructure, specified the deputy minister.

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