18 July 2011, Monday, 16:10

Private business will help to modernization of housing and communal services in Bashkortostan

author: Rasul Khamidullin

The attraction of private investors to housing and communal services will help to modernize the branch. The Minister of housing and communal services RB Irek Yalalov reported about that at the gathering re formation of the unified investment policy for modernization of housing and communal services and other infrastructural objects in Bashkortostan. According to him the attraction of private business and off-budget investors pursues several goals, including financial recovery of enterprises, the stoppage of the growth of the bill payable, which is still going on growing and already exceeds the bill receivable”.

“We have to start immediate debt stock-taking and restructuring” – he stated.