Government of the Chukotka Autonomous Okrug
Attracting extrabudgetary investments for the modernization of housing and communal infrastructure in settlements of the Chukotka Autonomous Okrug
Client Situation
- The operation of existing municipal infrastructure in 19 settlements in two municipalities required a significant annual increase in regional subsidies, while infrastructure upgrades were hampered by a lack of necessary funds in the budget and imperfect regional legislation on attracting private investment
Approach
- Conducting technical audits of housing and utilities infrastructure facilities in 19 settlements and compiling a list of technical solutions for their modernization
- Developing housing and utilities development scenarios with an assessment of tariff and budgetary implications and investment attractiveness
- Identifying potential investors and agreeing on key terms for their participation in projects
- Creating a model for managing concession agreements and developing tender documentation for the purpose of concluding concession agreements with private investors
1
A comprehensive
A comprehensive infrastructure development program was created for 4 settlements
2
A strategic
A strategic investor has been attracted to conclude a concession agreement for heat and water supply in the target settlements
3
A regional model
A regional model for managing concessions in the housing and utilities sector has been formed, including methodological guidelines for working with concession agreements, model projects for housing and utilities and electric power facilities, and draft tender documentation