Russian Federation Government gets applications for state backup of Academic construction project and projects in Kamensk-Uralskiy and Revda

The recent meeting of the committee set up to coordinate the top-priority national projects in Sverdlovsk Region was devoted to the issue of providing some state backup of construction projects. As a result, the Russian Federation Government received applications for state guarantees for 2007 (that may come to over 2bn RUR) regarding three residential areas: Academic project of Yekaterinburg and two areas in Kamensk-Uralskiy and Revda.

The new district is to appear in the south-west of Yekaterinburg and is expected to occupy 2,500 hectares of land, with 1,200 hectares covered by forests and parks and 1,300 hectares used for putting up over 9m square meters of housing and over 4.2m square meters of buildings meant for commercial and socially important purposes. The area will use electricity and heat generated by its won boilers and power stations. Three highways will provide a link to the center of the city, and there is also going to be a high-speed tram service. This will become home to 325,000 dwellers, with houses and flats divided into five categories: 51% of dwellings will belong to economy class, 33% of them will be middle-class ones, 11% of the dwellings are to be classed as business class ones, with 4% and 1% belonging to premium class and town house class, respectively. Besides, a university campus and a large medical center will be created as well.

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