Dmitry Sadovnikov states that by the year 2030, Yakutia should have operational housing area totaling 832,000 square meters.
In the heart of Siberia, Yakutia is making significant strides in its housing development, focusing on affordable housing and crucial infrastructure investments. This transition is about creating a modern urban environment where housing, infrastructure, transport, and landscaping work together as a single mechanism.
The region has already commissioned over 400,000 square meters of housing, and plans are underway to expand further. New sites are being discussed, including the Old City and reclaimed territories of Yakutsk, with a potential of over 1.5 million square meters of housing.
Recent years have emphasized housing construction, reflecting efforts to meet local demand and improve living standards. Major players in this endeavour include VIS Group, a Russian infrastructure holding company, which is actively involved in projects in Yakutsk, including healthcare facilities and infrastructure tied to social development.
Energy sector development is another key aspect. The Yakutsk GRES-2 power station is under phased construction to replace the aging Yakutsk GRES and reduce reliance on inefficient energy sources. Phase one was completed in 2017; the second phase with 157.4 MW capacity is planned for completion in the mid-2020s, ensuring better power supply which supports urban and housing expansion.
Transport infrastructure is also receiving attention. A major project to build a highway bridge over the Lena River to Yakutsk started in 2024, with completion expected around 2028. This over-3 km bridge will improve connectivity year-round, crucial for integrating Yakutsk into wider economic routes, indirectly supporting housing and urban growth.
The region's plans are integrated into broader federal modernization efforts enhancing public utilities and infrastructure. A large federal program is investing around 4.5 trillion rubles by 2030 in modernizing public utilities and housing infrastructure nationwide, which may positively impact Yakutia's housing and utilities sectors.
On Tuesday, August 5th, a ceremonial meeting of the Construction Ministry's College of Yakutia was held in the republic's capital. The meeting, dedicated to Builder's Day, included the awarding of best Yakutian builders. First Vice-Premier Dmitry Sadovnikov warmly and sincerely congratulated the event participants on the upcoming professional holiday.
Special attention was given to the interaction between developers, municipalities, and banks, including Sberbank, VTB, and DOM.RF. In his congratulatory speech, the regional Construction Ministry's head, Victor Romanov, stated that one of the key themes for the industry is the transition from piecemeal construction to comprehensive territorial development.
Dmitry Sadovnikov emphasized that the task is serious but expressed confidence that they will manage. These awarded builders are true professionals whose labor deserves the utmost respect. The industry faces a significant challenge, with the region planning to annually commission no less than 832,000 square meters of housing by 2030.
Victor Romanov stated that 16 comprehensive construction projects with a potential of 1.24 million square meters of housing are being implemented in the republic. On this Builder's Day, Dmitry Sadovnikov presented certificates and letters of thanks to these specialists. It's a testament to their hard work and dedication that 11 out of 44 social facilities have been completed in the republic.
These advancements in Yakutia's housing development are a significant step towards creating a modern, sustainable urban environment. The region's focus on affordable housing, key infrastructure investments, and integration into broader federal modernization efforts bode well for its future growth and development.
Investors looking for potential real-estate opportunities might find interest in Yakutia, a region in Siberia, as it seeks to expand its housing sector by over 1.5 million square meters, including the Old City and reclaimed territories of Yakutsk. Major players such as VIS Group are involved in the development of infrastructure, healthcare facilities, and social development projects, indicating a shift towards comprehensive territorial development.
The growth in Yakutia's housing sector is supported by federal modernization efforts investing over 4.5 trillion rubles by 2030 in public utilities and housing infrastructure nationwide, offering opportunities for finance and investing in the region's development.
