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Fund for the development of single-industry towns will be established - Medvedev
Russian Prime Minister Dmitry Medvedev announced the creation of a mono-city development fund that will finance transport and communal infrastructure and attract investments, according to the website of the Primorie administration.
“We still have to make efforts even in modern conditions to solve the problems of single-industry towns: somewhere there are more of these problems, somewhere less, but in general there are problems almost everywhere,” Medvedev said at a meeting of Vnesheconombank's Supervisory Board.
He added that the fund will finance transport and communal infrastructure and facilitate the launch of investment projects.
In Primorye in August of this year, the list of single-industry cities expanded. It includes 9 municipalities of Primorsky Krai. These are the cities of Arsenyev, Dalnegorsk, Spassk-Dalniy, urban settlements of Vostok, Lipovtsy, Novoshakhtinsky, Luchegorsk, Yaroslavsky and the village of Svetlogorye.
As reported in the Department of Economics and Strategic Development of Primorye, the inclusion in the list of single-industry municipalities gives them the right to apply for state support.