‘There are currently a lot of ways for the state to support this or that investment project. At the same time, the federal authorities will naturally focus on the top priority projects that are important to the entire country’s well-being,’ Minister for Industry and Trade Viktor Khristenko announced at a press conference in Yekaterinburg.

Yekaterinburg is now hosting a major multi-faceted area development project known as Academic, invested in by Renova StroyGroup. The projects gets financing from the company itself as well as from the federal, regional, and municipal budgets.

The construction of the city’s future Academic district is targeted at enhancing Yekaterinburg’s importance as the Urals’ major economic, intellectual, and culture spot, turning it into a modern metropolis, and solving the dwellers’ social problems.