Friday, July 30, 2021
President Vladimir Putin drove across a new 12-mile bridge to Crimea in a large orange construction truck on Monday, inaugurating his latest megaproject and tightening Moscow’s claim to the disputed territory, The Guardian reported. The bridge, finished six months ahead of schedule, established a land link from Russia to the Crimean...
An influential Russian spiritual leader has announced his plans to build the world’s largest Orthodox Christian Church in the central part of the country, Znak.com reported Monday. Once completed, the 25-story structure on the site of a women’s monastery in the Sverdlovsk region will reportedly hold up to 37,000 worshippers. The mastermind...
Russian engineering company Mosinzhproekt and the China Railway Construction Corporation (CRCC) plan to set up a joint venture for the construction of subways around the world, Moscow Deputy Mayor Marat Khusnullin has said, according to Interfax. He said that several agreements have already been sealed with Chinese partners, particularly on the implementation of...
Rostourism, the Russian Federation's Federal Agency for Tourism, introduced a program of concessional loans to investors for hotel development and restoration, Zarina Doguzova, the department's chief, announced. “By 2024, we predict that the number of loans granted would be around 200 billion rubles. These monies will be used to begin...
Russian environmental organizations have protested Gazprom’s plans to build a gas pipeline to China in the Golden Mountains of Altai, a UNESCO World Heritage site, Kommersant reports. The company’s works through the Ukok Plateau in Altai come following comments from Gazprom CEO Alexei Miller, who said last week that the...
Moscow, Russia and Pakistan have signed a memorandum of understanding (MoU) on implementing a project to build an underwater gas pipeline from Iran to Pakistan and India, the Russian Energy Ministry said in a statement on Thursday, according to Neftegaz.ru. "The memorandum provides for the identification of authorized organizations through...
Officials from the governments in Baku and Moscow inaugurated a new bridge across the Samur River on Tuesday, hailing the advantages of faster and more convenient trade provided by the project, Azertag reported. The cross-border trade between Azerbaijan and Russia has been challenged by a deteriorated highway bridge that linked...
The Egyptian government approved on Wednesday an agreement to establish a Russian industrial zone in East Port Said with $7 billion in investments, according to Egypt Today. Negotiations over the project began in 2014. The industrial zone is set to be built on a 5.25 million-square-meter plot of land over...
Under pressure from Washington, Copenhagen is deliberately delaying the issuance of a construction permit for the Nord Stream 2 project, two sources in Russian diplomatic circles told the Izvestya newspaper. Denmark made special amendments to the legislation, which empower it to reject applications for the construction of pipelines in Danish territorial...
Investment in Russia’s real estate market rose by 30 percent year-on-year in the first quarter of this year, the best result in the last three years, according to U.S.-based consultancy JLL. Real estate investment volumes reached $967 million in the first quarter of 2019, up from the $742 million invested...

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