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“In this way Chinese builders may be involved in building homes under our programs,” Medvedev said. He hopes this will promote competition.
Russia has a special home-building program Housing for the Russian family. Its main task is to increase the construction of economy class homes.
By the end of 2017 a total of 500,000 average income families will be able to acquire housing under this scheme. A list of regions where the program is being implemented has been authorized.