ok renaissance hotel ok grill suites hotel room pacific so resort and spa. in this room look she's available in some of the telltale of the reus some of them hotels jerusalem. nine thirty am in moscow the zero g. headlights the arab league making a last ditch effort to end bloodshed in syria demanding that president assad talk to the opposition and withdraw his tanks from the streets violent clashes between anti-reform protesters and security forces have complained some really thousand lives since the unrest started in march. washington hall its funding of you know sco hours after the u.n. cultural agency grants the palestinians full membership by a majority vote the move seen by many as a sign of growing international support for palestine ending the way stated.

how we treat mainstream media resurrects a russian's firing case code named ghost stories as the f.b.i. releasing footage featuring a sleeper featuring sleeper agents uncovered in the u.s. last year including the town i did chapman. since the soviet era finding adequate housing has been a major headache for many russians to talk more about this art he's algor and of sat down with alexander braverman director general of the russian housing development foundation. will. review the latest in science since technology from the realms of russia. we go to the future coverage.

hello yellow welcome to a squat like they and we show our think i'll do you know i'm going to they were i guess it was studio is alexander but are there among russia's biggest cities are going through it with structural thousands of brand new buildings right over here and the real estate market kids grow it even so it is not enough that the russian government wants to double the residential development in the next five years isn't possible or is the statement you just to pre-select should return. what's the big picture for russian real estate we're putting these points to the director general of the russian housing development foundation alexander but our government. officials say about thirty million square meters of residential space are brought to the market every year real estate prices have grown five times during the last decade and demand is still extremely high many people however can't afford to plant

and continue to live in soviet style shared apartments or dormitories meanwhile the construction boom is focused mostly on the bigger cities and on other parts of the country are left on the developed. thank you very much for being with pleasure having you here well first of all you are getting ready to take part in a great event and. the event will bring together lots of people from many parts of the world especially the russians and americans i think will be the central dealers at that what do you expect what are the u.s. partners that you wish to meet. first of all we as minimum discussion of two rooms to walk in russia and to walk in construction area to russia especially the area of affordable housing.

has made some money. we expect in certain steps to attract investment from from different kind of western first of all from the us when you see affordable housing you mean in russia in terms of cost today today housing in russia i think it's one of the one of the most in spencer in the world so you want to make do you want it to be affordable by today's standards or but by world. i mean russian standards the standards. was created by this special special decree of the ministry of regional development and. it describes describes square metal. materials etc talk about square meters but should affordable housing from your

point of view become much more cheap and russia than it is today but different segments affordable housing means affordable housing. be our main goal how are we aimed on a segment. of middle class. economic a population and. it's. important they haven't seen the signs in the streets of moscow haven't seen many foreign companies building in moscow this doesn't mean that russia's construction. this is not attractive for foreign investors russian because certain business is very attractive it is what it is for for for for them for foreign investors. i would like to give you. some pictures. from

different regions of russia. are between twenty four still thirty five percent compared with the really yet growth yeah. absolutely absolutely. and our main goal. to do this business together with foreign investors simulate the industry with the minimum risk for them i mean edmonson of barriers corruption etc to reduce. the construction industry in russia has seen upsurge this year after a period of slowdown spotlights yelena dimmy the reports. the credit crunch heat construction industry in russia hard two thousand and eight so the majority all work suspended virtually no new projects were launched in two

thousand and ten when recovery began it was partly due to the government which supported numerous projects including preparations for the big upcoming advance like the sochi two thousand and fourteen winter olympics two thousand and twelve aipac summit invited her stock and the two thousand and thirteen university aid in cazan but the government does not intend to rely solely on its own resources it's encouraging investment both domestic and foreign to step in a meeting with c o o's of the big boys and international markets prime minister putin promised predictability of the russian economy which he believes is enjoying host crisis revival this ship do you have to look at it quite as do thousand and nine till the third quarter of two thousand and eleven the iraq war investment in russia has exceeded a hundred billion us dollars and the first nine months of this year are still a twenty percent growth in direct investment that's

a last payment used best for the russian construction sector it has been showing growth. this year as well the country's economies currently being you i grew in domestic demand which is now climbed to one three year high despite the recent months turbulence in the google market it has been up to either you resumed debt crisis. or so so we see and you also mentioned that russian construction industry is should be very attractive for investors well of course if you can get away with twenty four percent of the revenue this is before tax or after tax. before taxes ok but anyway attractive but there are global players such as for example the brookfield which which in brazil alone builds i think more than all russia russian companies build in their country are you afraid are russian russian companies afraid of competition for such a. search big. search because russian market is

huge market huge market and. so the best of my knowledge just when i see the sphere of all companies russian companies foreign companies and demand the russian market is saw beat the. it's another place or all players the russian government is setting you go. there that the modest size of the goal is to double the amount of construction in the double in like about five years and is it is it is are the things that will go can this can this really become reality it's absolutely real to the because. we have a good market an apartment in foundation and we. measure the demand and we have good figure is which shows us

a bit. more the. two hundred meters here year is possible to sell in russia to southern russia but even at the existing yes yeah it means that it's a huge market. so you begin again and again what kind of investment are you seeing where you would be talking to your colleagues to your american families you know what you need what financial investment cash or you'd rather prefer no how and and they're like real real thought of exchange change of experience very simply once or are worth it because both from american american. and. where i expect and where expect more financial investment.

and regard in construction we had a board a lot of european partners practically every month we receive. letters with the suggestion of new technology is. very local to the efficiency of logic and pure etc and it means we have got we have opportunity to make choices it means it means first of all for us there are investment what preferences there's still a developer get from a corporation with the housing development foundation for main blocks for main blocks but first of all. first of all. so called instant resource. no doubt to you

you disgusted me and displayed the problem of corruption and russian. plots of land of corruption practical and zero. so called. reserves. this phrase as minister it's very widely used in russia well. what does it mean to resource makes you overcome corruption helps you say money here not iraq think think of what. a resource from a federal level means. regional. local authorities will do the jobs according to the ribs free of charge. so saves you money at least at least the plots of land for fun some people told me some people in your business told me that

after the new mayor came to most committed mr luzhkov the the number of red tape you have to cut the number of bureaucracy in construction business as always is it true it's really simple it's really sold but they have problems with the with the poor. in moscow. but they knew more school will get opportunity for them to construct a new affordable housing so that through the resource is one big thing that investment developer gets by cooperating with the housing development families and we'll talk about the other three after a short break which are into alexander brother man director general of the russian housing development foundation back in zero five zero they were going to.

nature and discover its beauty. communicate with the wild. test yourself and become free. see what nature can give you. a very warm welcome to you this is your news today protesters on the whole so strange play at. least a chance of a good chance to chances to get a book for example the status of the human experiment is exploding forty weeks

you'll probably see this rap music was it goes to the movies lately trying to make sense of global economy and it's on changelings us financial temples the release clambering to maintain our confidence in long kids and taking on the critics wants to be seen trade imbalances recession looks to be the nation's close to collapsing a subprime loan foreclosed homes. to fail circlet banks again feel little like those us crash seven smashed ceiling it seems to me is like culture and tradition and streaks the close proximity of just programs increase the total economy. the book. welcome back to spotlight i am now doing organ just to remind you that my guest on the show today is our example of gravity man the record general of the russian

housing development foundation the age the after this call it. what we started talking there about the the preferences that developers get by dealing with asia you mentioned one administrative resource which helps you save money ok well this is actually greece is the us and this is the second one for such a component complements and. recently i have read the me it seems to me in here in the russian newspaper rhythm and. the concern and concern in western clement russia are between between. two main companies it's infrastructure. and emission for construction. our support. for

infrastructure company and ease opportunity for potential investor to integrate in brits. gas electricity etc etc. there are thirty component is. the commentary company because of we have go and. agreements with the. branch of branch of powers especially especially agency which is responsible for it. it means we really do support potential investors registry their rights for the building. not the places. and finally here. in a place the. final financial support for it and of support because

of two companies within financial supporters we have got agreements with the. largest been very large yes. very low yeah absolutely. brittle bones for population and for constructors. some worse than companies will giants like i care for example i think the main. thing that they may need from you is number one the administrative resource maybe because the they sometimes say that they encounter huge problems while dealing with authorities so so so i think. well how healthy forest this is the main thing you do for them is a true yeah i've heard the history of all four i care and i would like to see. the foreign investors. it's necessary to them to solve

problems the wheel and not have problems. during the process of coverage and respond. because of we have aboard the greens with all eighty three. regions of russian federation's. eighty three so let's talk about a different about the housing itself when we say housing in russia we mean we mean apparently blas well which is strange for most of our viewers because because in many countries in most industrial developed countries people prefer living in individual houses now. yeah well it's been happening. in russia but i think ninety percent of the population live in appointment blocks why why so this is sort of a traditional what it's reddish and salute really. unfortunately unfortunately

population and russia. has had to leave him break harris how's that. we have a special program to promote. russia. but in my view my person of the you and. you of my colleagues we will promote the program just on the positive symbols we have called the this positive samples. when he was in where he was talking you know when. in history causally with more support etc we will surely be people that are people but will you make individual housing affordable then this is that it should be cheaper that it's it's

absolutely possible because of. during the three years we are conducting the competition housing of twenty twenty one. twenty twenty one and during this competition the prize for individual housing should not bless them eighty. eighty. thousand dollars per year but as women with the the problem is also that we cannot afford building houses like in united states from cardboard and plastic because of the winters and. the problem for american. of russian and canadian construction and russia because the population of. russia

doesn't. have this housing like. the first house because. it looks like that you. make that. because it's certainly spent. the problem. is the same problem mentioned before. a problem of maturity well we have a pretty nice dutch in here you see. this is like love like no other luxury that. talking about their actions the age dear fearful is far as i know how do you competitions how the best house for the twenty first century world many companies take part in maybe this service will take part in this competition. what from your point of view is the ideal hands for the twenty first and what kind of house she

will in your competition idea house the this is this picture a low rise with. all their will all four of energy. very ecological. and with a good view and. with the opportunity to reach the job. within the. very very good thing. because i know in moscow some people some people drive more than an hour to get to work here more money going into something you wouldn't want to do you. could drive all fall for regionals and russia in my view it's. thirty minutes in moscow and it will be good will be realistic it will be. with one of you driving within

one hundred feet where if you take the subway train should be last ok do for architects take part in this country have to viewers unfortunately unfortunately. from former u.s.s.r. and. so called socialist countries but we expect the best. because people access them properly we describe this problem was greeted with the mystery of what followed. and we are expecting. the participation in. the two thousand and eight financial crisis led to a lot of foreclosures so what do you do to avoid the same problem now russia where the average person seeing power of people is much lower then they are then easily.

understood repression. marker or economics problem not a problem of. affordable or another. business for ourselves and the macro micro government problem and in my view of the issue of the. current situation in russian economy and the current situation situation in russian prime ians east. quite good. why it's stable. housing in moscow is more expensive than an interview by dissolute it's a comparable to london but the market can moscow housing market really really compete with the back. of the red. if we discuss the problem. of course regarding prices.

moscow is absolutely comparable with the with the with that with london and the black regarding quality unfortunately. no. main task to do it came together with the more school local authorities partly with the said you said ben in the new major we were going to get the absolutely together and we met. one one one one time and very very weak and. the problem will be solved so so you are optimistic here yeah ok well thank you thank you very much and i wish you know we should good luck on the upcoming court when it is that we give you the media was a pleasure yes thank you martin just a reminder that my guest today was alexander private i'm a director general of the russian housing development foundation and that's it from

all of us here if you want to have yourself part right or if you have someone like you think i should interview next time to drop me a larger caliber not that i think you need thoughts and let's keep spotlight interact move back to a more fertile common form of what's going on in and outside russia i'm so glad they are on our team and take care. of.

this. twist. in.