The Lugansk People’s Republic government has approved the applications from six developers who wish to join the Free Economic Zone, the LPR government press service reported.
“The documents will be forwarded to the Territorial Development Fund in the near future,” the press service said citing LPR Deputy Minister of Construction, Housing and Utilities Tatyana Buryak.
The investors plan to build more than 70,000 square meters of housing in Lugansk and Sverdlovsk as part of the preferential mortgage program, Buryak said.
Earlier this month, the LPR Construction, Housing and Utilities Ministry and municipal authorities selected 109 land plots for housing construction. *i
