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Russia and Saudi Arabia in the construction sector

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Russia and Saudi Arabia in the construction sector

At the St. Petersburg economic forum, the Ministry of Construction, Architecture and Housing and Housing and Communal Services of the Russian Federation, and the Kingdom of Saudi Arabia agreed to realize joint projects in housing and communal services and construction.As reported by Construction.ru via the press service of Ministry of Construction, Architecture and Housing, the agreement was signed on June 18th by the deputy minister of construction and housing and communal services of the Russian Federation, Andrey Chibis, and the acting minister of housing construction of Saudi Arabia, Isam bin Saad bin Said. According to the Russian representative, the agreement will allow for investments from the Arabian kingdom in projects in the sphere of construction and housing and communal services in the territory of Russia. Next week the parties will be engaged in the development of the list of interested parties on both sides and will begin to discuss potential cooperative projects, said Chibis.

 


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