Overview
- The main elements of the new framework were presented on December 12 in Moscow at the Razvivay.RF infrastructure congress.
- The approach defines balanced risk sharing, with the state taking risks beyond private control and private partners bearing commercial risk.
- VEB.RF will vet all new initiatives, with mandatory review for subsidized regions and for PPP projects above 3 billion rubles by presidential order.
- An updated project assessment methodology now incorporates a Quality of Life index to evaluate impact and sustainability.
- Developers plan to finalize the standard by March 1, 2026, with the financing model designed to enable concession bonds and align state–partner–creditor relations.