In the first quarter, funding for the construction and upgrading of major infrastructure (including railways) fell 2.4 times compared to the same period last year, notes “Kommersant” referring to the study of market experts.
Builders received this year only 33.2 billion rubles. As the newspaper points out with reference to experts, one should not forget that with the instability of prices for materials and equipment, a decrease in the volume of funds received leads to an increase in the cost of construction. Ultimately, contractors warn, this could lengthen project completion times.
On the other hand, as Kommersant notes, market participants are attentive to the fact that the first quarter of 2022 was a record and “even abnormal” in terms of the amount of funds allocated, especially in the context of January-March 2019- 2021. Some experts also recall that the decrease in disbursements in the first quarter of 2023 may be due to the fact that Russian Railways granted advances to contractors BAM and Transsib for a total of 39.4 billion rubles last year. of this year’s budget.
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