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23 October, Monday

Ufa   °

Three million square meters of housing is to be erected in Bashkiria by 2015

Economy/Business

The first meeting of the Builders Council under the chairmanship of the deputy Prime-Minister of the Government RB Sergey Afonin has taken place in the Government RB today and several questions concerning further development of the building branch in the region and in particular formation of the house building program for 2011-2015, were under discussion.

The Builders Union RB reports more than two million square meters of housing is to be put into exploitation in 2011 and this index has to reach three million square meters by 2015.

The questions, concerned with the development of the hypothec crediting system and other forms for house building funding in the Republic were also debated at the meeting. This program has to be approved by the Ministry of regional development before November 15, 2010.

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