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Putin proposed launching a comprehensive program for the modernization of housing and communal services in Russia

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In Russia, it is necessary to launch a comprehensive program for the modernization of housing and communal services, to synchronize it with other infrastructure development plans. This proposal was voiced by Russian President Vladimir Putin during his speech at SPIEF.

“I propose to consolidate resources and launch a comprehensive program for the modernization of housing and communal services. Synchronize it with other plans for infrastructure development, as well as major repairs of the housing stock,” said the Russian leader.

He noted that many problems have accumulated in the Russian system of housing and communal services. And the situation is getting worse every year. According to experts, the industry is underinvested by 4.5 trillion rubles. Every year, about 3% of networks become unusable, and only 2% are subject to replacement. Hence their low efficiency and high losses.

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