This will accelerate the process of sports infrastructure development in the regions.
Regional authorities are now vested with the right to promptly purchase sports facilities built by private investors. Respective amendments for that have been made in the State Programme for the Development of Physical Fitness and Sport.
Earlier, subsidies under the programme could be used in construction and renovation. From now on, regions will be able to spend this money on purchasing sports facilities built by commercial companies.
The new act will attract investors to the area and
will speed up the development of the sports infrastructure in the constituent
entities of the Russian