The Corporation for the Development of the Far East and the Arctic and FGC Group of Companies, one of the largest developments and construction companies in Russia, have entered into an agreement on cooperation in the implementation of development projects
Elvira Nurgalieva, First Deputy General Director for Social Development of the Far East and Arctic Development Corporation, and Alexei Almazov, General Director of FGC Region, signed an agreement on cooperation within the framework of the Eastern Economic Forum 2022.
The parties agreed to cooperate on the
implementation of projects for the integrated development of territories within
the cities of Vladivostok, Khabarovsk, Blagoveshchensk. The building area will
be about 500,000 sq. m. The estimated volume of capital expenditures for
projects until 2030 will approximately amount to 50 billion rubles.
