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23:33 20-04-2018
Minister reveals a new strategy for housing construction in Russia
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Five plants for wood waste processing to be built by Chinese in Russia
21:02 20-04-2018
Truck traffic movement along the Crimean bridge to be launched in October
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Syrians ask Russian companies to build housing in Damascus and Aleppo
23:37 19-04-2018
Austrians may create a “Smart City” in the Crimea
23:05 19-04-2018
Pushkin Museum seeks contractor for reconstruction of a manor house
22:34 19-04-2018
Lithuania’s first Marriott hotel to be built on the site of an old stadium
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Foreigners rent elite cottages in Moscow region for 2018 World Cup
21:22 19-04-2018
Sports complex with a 3D facade will be built in Moscow
20:15 19-04-2018
Dutch architect Winy Maas to talk about modern housing at Kaliningrad forum
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Czechs and Americans bought out all offices in Metropolis complex in Moscow
23:09 18-04-2018
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22:11 18-04-2018
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21:32 18-04-2018
Gazprom and Saudi Aramco will create a joint coordinating committee
21:07 18-04-2018
$1,9 billion to be allocated for capital construction of military facilities in Russia
20:53 18-04-2018
A kindergarten with Spanish graffiti will be built in Moscow
20:14 18-04-2018
High-tech diamond enterprise will be set up in Moscow
19:51 18-04-2018
Two new metro stations to be built in northern Moscow
23:54 17-04-2018
High-speed railway from Vladimir to Nizhny Novgorod airport is approved
23:03 17-04-2018
Russian scientists developed a transport model for Cote d'Ivoire
22:47 17-04-2018
Prosecutor General's Office will closely monitor Vostochny Cosmodrome project
22:12 17-04-2018
Volvo launches a new line of rock haulers
21:50 17-04-2018
Experts reveal why there are more new houses in USA
20:24 17-04-2018
Japanese-Russian medical centers to be set up all over Russia
19:50 17-04-2018
More fast food outlets will emerge in Moscow
23:36 16-04-2018
Apartments in Trump Tower have lost their appeal for buyers
23:14 16-04-2018
$15,7 billion invested in Dubai real estate in 2018
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Russia plans to spend $459m on urban redevelopment

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Russia plans to spend $459m on urban redevelopment

This year, 27,2 billion rubles (approximately $459 million) will be allocated from the federal and regional budgets to redevelopment of public spaces and parks, as well as to repair and modernization of courtyards in Russian cities.


This is what Minister of Construction, Housing and Utilities of Russia, Mikhail Menn, said on Wednesday following the results of a seating of the Presidium of the Presidential Council for Strategic Development and Priority Projects.

According to Mikhail Menn, 20 billion rubles have already been allocated from the budget for the purpose of subsidizing regional programs for the creation of comfortable urban environment in the subjects of the Russian Federation. The corresponding agreement is scheduled to be concluded with the Construction Ministry of Russia until the 1st of march this year.

Mikhail Menn noted that over 12,000 municipalities would start implementation of the urban redevelopment program in 2017.

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