
Russia plans to invite contractors from China for housing construction, Prime Minister Dmitry Medvedev said at a board meeting of the Construction Ministry on Thursday, adding that a memorandum of understanding and cooperation between Russia and China in this sphere was being prepared for signing.
“In this way Chinese builders may be involved in building homes under our programs,” Medvedev said. He hopes this will promote competition.
Russia has a special home-building program Housing for the Russian family. Its main task is to increase the construction of economy class homes.
By the end of 2017 a total of 500,000 average income families will be able to acquire housing under this scheme. A list of regions where the program is being implemented has been authorized.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor