What will happen if the "Sovelmash" D&E is not completed in the third quarter of 2023?
This was the question addressed to Dmitriy Duyunov in the latest broadcast of the "Expert Time" program The possible consequences of not meeting the construction deadlines are of concern to many of the project's investors.
According to the agreements with the special economic zone "Technopolis "Moscow", the construction of the design and engineering technology department should be completed in the third quarter of this year. Within this time, the utilities must be connected, the equipment - up and running, and the interior decoration and landscaping of the site must be done.
To make it all happen, the funding process needs to be accelerated - which is now in the hands and interests of every investor in the project.
At the current rate of investment, the team of "Sovelmash" is doing its best to make sure that the construction progresses efficiently. The company keeps in touch with the SEZ's management, providing weekly progress reports. The officials see the progress of the construction and know that the project is supported by dozens of thousands of people around the world.
We can remember that Duyunov's team has already repeatedly faced such difficulties that not all companies were able to recover from. The D&E construction started and continued in the face of the pandemic, restrictions, sanctions and the economic crisis. And now it has reached the finish line.
Yes. According to the agreement with the SEZ, a failure to meet the construction deadline could result in penalties. But do the officials benefit from it?
Dmitriy Duyunov noted that the main backbone for the project is its investors: "The state is the citizens. And the citizens have supported the project and are investing. I don't think anyone would want to get complaints from so many citizens."
Watch the video for a detailed answer to this question given by Dmitriy Duyunov.