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The Chinese company will build affordable housing in Russia no more than 30 thousand rubles per square meter
By the end of this week, the Ministry of Construction and the Federal Housing Development Foundation (RHD) Alexander Braverman plan to sign a framework agreement with the Chinese company China Railway Construction Corporation, RBC writes. As part of the document, the Chinese developer plans to take part in the state program for the construction of 25 million square meters. m of affordable housing cost when selling no more than 30 thousand rubles per sq. m.
New housing will appear in various regions from the Far East to Kaliningrad. The representative of the Ministry of Construction said that not all 25 million square meters. m state programs will be built by a Chinese company. It is expected that project financing will be provided by the developer himself, without attracting budget money.