Investment cycle in construction was reduced by one year

27.05.2020

Measures on support of construction field, elaborated by the Russian Government, will permit to reduce investment cycle of projects implementation by one year as a minimum, Deputy Premier of Russia Marat Khusnullin said.

According to him, over 200 events in frames of the national plan on improvement of economy and support of related industries and over 50 amendments in legislative acts were elaborates. Changes will touch work with urban planning documents, procurement processes, requirement on technological regulations, etc.

“As a result of these measures I can say that investment cycle in construction can reduce by one year as a minimum”, – Marat Khusnullin said.

Vice Premier added that for some projects approved in the national plan timeframes can be reduced more that twice.

Source: RIA Novosti

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