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Russia to invite foreign construction companies

There are proposals from Spanish and Chinese companies, First Deputy Prime Minister Igor Shuvalov said

ST PETERSBURG, June 21 (Itar-Tass) - Russia’s authorities plan to invite foreign construction companies to participate in development projects, First Deputy Prime Minister Igor Shuvalov said on Friday.

“Now we together with the Residential Construction Assistance Fund will try to conduct several pilot projects with those who want to work in Russia,” he told a roundtable meeting within the framework of the St. Petersburg International Economic Forum.

There are proposals from Spanish and Chinese companies, Shuvalov said. The talks with construction companies from Belarus to build economy-class apartments have been underway.

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