Unified territories register for comprehensive urban development to be created before year-end
The Russian government has requested the subjects of the Russian Federation to submit proposals for creation of a unified territories register for comprehensive urban development until the end of the year, told the Minister of Construction, Housing and Utilities Mikhail Men at the International Investment Real Estate Forum PROEstate.
He explained that this request concerns but not limited to industrial zones.
“The government has instructed the subjects of the Russian Federation to provide their proposals for formation of the unified territories register that can be used for comprehensive development, these territories including industrial areas. Proposals should be submitted before the end of the year,” said Mikhail Men.
The Head of the Ministry of Construction added that it is a long-awaited instruction.
“We hope that now the work on development of such areas will be accelerated,” stressed Mikhail Men.