Titov predicts a drop in the pace of construction in Russia

The construction sector will slow down in the medium term, Boris Titov, Ombudsman for the Protection of the Rights of Entrepreneurs in Russia, is sure.

The Ombudsman presented a corresponding report to the country's President Vladimir Putin. In his opinion, over the next six years, the volume of construction will be halved.

Titov considers the reasons for this state of affairs to be a shortage of own funds of enterprises, as well as insufficient and unavailable financing. The maximum volume of residential real estate commissioning will be limited to 30 million square meters. m per year, leads his forecast TASS.

At the end of June, Titov presented the head of state with a report on ways to solve the problems of small and medium-sized businesses.

Revision of the status of citizens "without a fixed abode" should help in the potential provision of their living space at the expense of the state. Deputy Prime Minister Tatyana Golikova instructed to assess the possibility of placing homeless Russians in line for social housing rent, writes INFOX.

Source: https://riafan.ru/