State support and further lowering of administrative barriers were promised to the builders.
Moscow hosted the X MREF – the Moscow forum of real estate market leaders. The event, which is held annually by Vedomosti PH, was attended by representatives of federal and regional authorities, banks, investment institutions, real estate development companies, construction and service companies, consultants, analysts, as well as foreign experts.
The central event of the forum was the plenary session devoted to the role of the state in creation of a comfortable business environment in construction sector.
“Creation of the state of engineering infrastructure will be supported by subsidizing interest rates on loans, – said the minister – and we will support directly the creation of social and transport infrastructures”.
The volume of housing construction in 2016 will be not less than 77 million square meters in Russia. In his speech at the MREF forum Mikhail Men has summed subtotals for the major industry indicators. For the first 9 months of 2016, 49.5 million square meters of housing were commissioned, which is only 5.5% less than in the same period the last year. As the Minister said, the volume of prefab housing remains on the level of the last year, the decline is due to the individual housing construction.
“According to our forecasts, the country can commission around 77 million square meters of housing this year – it is the pessimistic scenario. As per the optimistic one, we can complete more than 80 million square meters,” said the Head of the Ministry of Construction.