Primorye to provide guarantees for completion of Hyatt hotel
The Primorsky region located in the Russian Far East, will provide a state guarantee totaling 1.2 billion rubles for a possible loan for OJSC Nash Dom – Primorye, which is 100% owned by the regional administration, to complete the first phase of construction of one of the two Hyatt hotels in Vladivostok.
6-hectare plot of land in Yekaterinburg put on auction
The Housing Mortgage Finance Agency (AIZhK) of Russia announced an auction for the sale of a plot of land with an area of 5.91 hectares located in the Russian city of Yekaterinburg, the company’s press office said.
Sika building company’s CEO becomes head of LafargeHolcim
Jan Jenisch, the head of the Swiss construction company Sika, will become a new director general of a world leader in cement production – Swiss LafargeHolcim, Rambler News reports with the reference to the company’s press release.
Chinese CRIG to build fourth metro line in Kyiv
Kyiv city state administration signed with the China Railway International Group and China Pacific Construction Group a memorandum of cooperation in a project for building the fourth line of the city’s metro.
Saudi Arabia, UAE invest $100m in Ivanka Trump’s Fund
The authorities of Saudi Arabia and United Arab Emirates have pledged to transfer $100 million to accounts of a charity, which is planned to be established upon an initiative of Ivanka Trump, a daughter of U.S. incumbent President, TASS news agency reports on Monday.