Moscow's Renovation Program: A Driver of Construction Industry Growth
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Insights by Echo AI
Moscow's renovation program, now nine years old, has significantly transformed the construction industry. It has reduced construction times using prefab technologies, with six new buildings erected in less than a year. The program uses almost 100% domestic materials and has led to the construction of modern residential complexes with improved infrastructure. Over 500 complexes have been commissioned, benefiting around 290,000 Muscovites so far, with plans to resettle almost 240,000 more by 2026-2028. The program has been fully completed in 12 districts and has updated engineering networks in over 70 districts.
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