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Feb 20, 2021
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The Cabinet of Ministers approved the extension of the federal target program for the development of Crimea until 2025

The Cabinet of Ministers approved the extension of the Federal Target Program (FTP) for the socio-economic development of the Republic of Crimea and the city of Sevastopol until 2025, the press service of the Ministry of Economic Development said.

As Deputy Prime Minister Marat Khusnullin noted, on behalf of Russian President Vladimir Putin, a program was developed with an extension until 2025, involving the inclusion of socially significant objects.

In total, within the framework of the FTP, about 600 billion rubles will be allocated to the regions from 2021 to 2025. Among the objects are the objects of a comprehensive plan to ensure reliable water supply to Crimea and Sevastopol, the development of the infrastructure of the Crimean railway, reconstruction and construction of four-lane access roads from the Tavrida highway to the southern coast of Crimea.

Khusnullin stressed that the extension of the federal target program will allow better planning of the investment and construction cycle and the implementation of all the planned projects on time.

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