Lena Bridge construction might require Yakutia budget funds
Yakutia 24 TV channel: Yakutia region’s investments to the Lena Bridge construction will amount to 6,4 billion rubles.
When preparing the conditions for the implementation of the project, the leadership of the republic took into account the experience of concluding such agreements and worked out conditions for minimizing risks for the region.
“The costs at the investment stage are estimated at 83,4 billion rubles, of which 63,9 billion rubles are the cost of construction and installation works, 13 billion rubles are VAT and 6,5 billion rubles are other expenses at the construction stage and design and estimate documentation,” says the message of the Head Administration.
29,1 billion rubles will be financed by a private investor, 54,3 billion rubles – budget funds, of which 47,9 billion rubles (75%) are the federal budget and 6,4 billion rubles (10%) are the regional budget.
The federal budget will finance the project at the stage of the 2021 – 2023 federal budget draft formation. In 2024, the Road Fund of the Republic will finance the project. Private partner’s investments will be paid back with an investment payment, which includes expenses on loan obligations.
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