Published at: 2009-01-01 12:00 | Author: CIJ Russia
Russia’s government continues to make good on promises to promote residential construction on a massive scale. Its latest plans include the redevelopment of former military-held land
Defense Ministry is planning to sell 20 military bases this year for use in real estate development, according to government officials. The first auction is scheduled to take place April 8. planned to auction off sites located in Moscow, St. Petersburg, Kaliningrad, Vladivostok, Vologda, Perm, Kirov, Krasnodar and in a range of other cities,” Ilshat Baichurin, the ministry’s spokesman, told RIA News. The first sites up for sale are located in Moscow, including one on Levoberezhnaya S...

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