Russia maintains its position on construction indexes in World Bank Doing Business ranking

01.11.2017

Russia maintains current 115th position on “Construction permits obtaining” in annual World Bank Doing Business ranking that has been published on the eve.

According to Maxim Oreshkin, the head of the Ministry of Economic Development and Trade, Russia has demonstrated the best dynamic over the past 6 years. “We have entered TOP-30 on much indicators of the ranking. It is concerned a registration of enterprises, crediting, property and agreements”, – explained Maxim Oreshkin. Meanwhile, as for construction sector, the position remain unchanged in comparison with the previous year. According to Mikhail Menh, the Minister of of Construction, Housing and Utilities of the Russian Federation, since 2010 Russia has raised up on this index by 64 positions.

As clarified Maxim Oreshkin, in the near future the government of Russia will continue working on improving invest climate and reformation of current system. There will be applied more digital technologies for this purpose.

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