Housing Construction in Sverdlovsk Region Might Fall 25% Short of Target Figures for 2012

25 July 2012 (18:34)

The housing construction in Sverdlovsk Region will only come to 75% of the target figures for the year 2012, the region’s Construction & Infrastructure Development Minister Sergey Fedorov said at a government meeting today.

‘370,000 sq m of housing was commissioned in the first half of the year. 1.6m sq m more is expected to be launched before the end of the year, but this only comes to 76% of the target 2,100,000 sq m,’ Fedorov said.

Now in 2011, 1.817m sq m of housing was commissioned in Sverdlovsk Region.

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