Non-Profit Organization for Yekaterinburg EXPO 2020 Gets Budget Subsidy

The House of Representatives approved of the changes in Sverdlovsk Region State Property Management Program for 2011.

Acting Sverdlovsk Region Minister for Public Property Management Georgy Alekseyev explained the changes were necessary in order to set up an autonomous non-profit organization that will deal with preparing and submitting an application for Yekaterinburg’s hosting the World Universal Exhibition EXPO 2020.

The organization is to receive a donation of 10,000 RUR from the region’s budget. To finance the performance of the said autonomous non-profit organization, 300m RUR is expected to be allotted from the region’s budget through cutting down on the expenses of the Mid-Urals Development Corporation.

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