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We must assist adaptation of developers to new working conditions as much as possible, - the Governor
We must assist adaptation of developers to new working conditions as much as possible, - the Governor
Economy 08.07.2019

On Thursday, July 4th, 2019, Ivan Belozertsev took part in a conference call under the chairmanship of the Minister of Construction, Housing and Communal Services of the Russian Federation Vladimir Yakushev regarding transition of the construction sector to project financing.

Commenting on the topic, the Head of the regional executive power noted that in Penza region there were 12 projects planned within which the developers would work through escrow accounts.

At the present time in the region there are 65 projects with participating interest contracts under way, realized by 37 developer companies.

Ivan Belozertsev emphasized that the developers’ operation in the territory of Penza region was under special supervision of the regional government.

“We must assist adaption of developers and provide harmless transition of the construction sector to new conditions”, summarized the Governor.