Liniya Prava has assisted DNS Development with preparations for the first ever public-private partnership to build a school and kindergarten in the Primorsky Kraj territory of the Russian Far East.
The school and kindergarten will be built by the "DNS Development" company in the "Format' residential complex being built in the village of Winter-South in the Nadezhda district.
“We are committed to an integrated approach to housing construction," said DNS Group Co-Owner Konstantin Bogdanenko. "Even at the stage of developing the concept and design, we include in the project all the necessary infrastructure of the future micro-district for the comfortable life of new settlers: new roads, communications, places for relaxing walks, and, of course, such important social facilities as a school and kindergarten. We plan that about 1,500 families will live in the Format housing complex, so parents should have the opportunity to take their children to kindergarten within walking distance from home, to let their child go to school on their own, without worrying about safety."”
"Currently, Liniya Prava reports, "the Government of Primorsky Krai and DNS Development are conducting preparatory work for concluding concession agreements for the construction of a school for 450 children and a kindergarten for 240 children."
“This will be the first experience in implementing PPP projects in the field of education in Primorye," said Natalya Bondarenko, Minister of Education of Primorsky Krai. "We understand that this is not a simple legal process: both we, in the person of the state, and the developer undertake very serious obligations to each other. Moreover, today the PPP mechanism is the most advanced and efficient way to comprehensively develop the region’s territories, involving private investors. The conclusion of such an agreement [reduces] the burden on the regional budget at the same time, making sure that businesses invest their money and begin building social facilities simultaneously with housing, ”
According to Liniya Prava, such concession agreements take on average six months to prepare.
The Liniya Prava team is led by Partner Andrey Novakovskiy and includes lawyer Mikhail Kornev.
