Summer in Crimea: will they manage to build everything as planned?
Large-scale financing for the development of the Republic of Crimea is to be allocated from the federal budget. Will the builders manage to use the money efficiently? An exclusive interview with the Minister of Construction and Architecture of the Republic of Crimea about the prospects for the development of the Crimean construction complex. Crimea is one part of the Russian Federation which is to be significantly developed. What is being constructed, reconstructed and upgraded? We asked the Minister of Construction and Architecture of the Republic of Crimea, Sergei Kononov.
It seemed frightening, but turned out not to be very much of anything
The crisis, especially in the construction industry, has been much spoken of. Lot of pessimists gave their comments: everything is awful, sanctions have been introduced, credit is not being granted, in 2015 all construction sites will stop work… And what do we have in reality?
The railway around Ukraine: at any cost and even without a blueprint
The construction of a 122km long railway branch line by-passing Ukraine, and connecting the stations of Zhuravka and Millerovo, has started in the Voronezh region. Experts think that the financial pay-off of the new line is a minor point. The main thing is its geopolitical importance.
Why production of quality bitumen is not profitable for oilmen
In spite of the crisis, the Russian leadership has set large-scale infrastructure development targets for the road construction industry and allocated an unheard-of sum of 500 bln rubles. For the successful implementation of these plans, it will be necessary to use high quality coal tar materials, with which we still have great problems. Taking into account that 90% of Russian roads have an asphalt covering, it is easy to understand how critical the industry’s need is for high quality bitumen.
The Central Ring Road: why the construction of the road for hundreds of billions dollars cannot be stopped
Road construction is one of the most efficient ways of struggling against the crisis. According to expert assessment, one ruble invested in laying a road turns into ten rubles in other industries and the efficiency of the region where a road is laid grows by up to 8 times. The construction of Central Ring Roads (CRR) started in the Moscow region, and it is going to become one of the principle construction sites in the region.
Will the new draft law on construction contracts do away with price falls at tender?
Almost everybody agrees that Federal Law ?44 exposes the reality of the construction process. But there are different opinions as to how to correct the situation. Trouble-free ill-being Many experts think that the current edition of Federal Law ? 44 should not extend to the construction industry, as it tears apart an integrated investment-construction process which misses out the customer and the construction industry. The Law allows maximum price reduction without taking into account the reality of project documentation. It happens because builders often start construction without a fully developed project but only with engineering design shop drawings, and then project documentation appears at the end of the construction process.
The Russian public roads system: the crisis has passed
Spring is the time for beginning road construction works. It’s also the time for the annual board meeting of the heads of the trade departments and institutions, organized by the Federal Road Agency (FRA), “Rosavtodor”, to finalize 2014 and to draw up plans for 2015.
12% mortgage loans: good but too much
We have already written about the government’s special subsidies program for housing purchasing on the primary market at a fixed rate of 13%. However, the Central Bank has recently decreased the key rate from 15% to 14%, so the preferential rate has had to be reconsidered.
How long will Moscow’s Khrushchev-era houses last?
Sergei Levkin, the Head of the Department of City-Building Policy, Development and Reconstruction of Moscow, talked to our magazine about how the old housing stock in Moscow is being renovated.