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The Russian Housing Development Foundation and ZAO SibirEnergoTrade concluded contracts for land plots lease

The Russian Housing Development Foundation and ZAO SibirEnergoTrade (a subsidiary of OAO Irkutskenergo) concluded contracts for land plots lease. The sites are intended for comprehensive development for the purposes of residential construction in Irkutsk district of the Irkutsk region (250,000 sq.m of low-rise houses). On 27 December, 2011, the Russian Housing Development Foundation held auctions to sell the rights to conclude lease contracts for these plots. The auctions winner is ZAO SibirEnergoTrade. The lease contracts are signed for the land plots located near settlements Patrony, Novaya Lisikha, Pivovarikha, Burdakovka.

Comment
CEO of OAO Irkutskenergo Evgeny Fedorov: “The company is facing an ambitious challenge of public importance. Currently, we are considering the prospects of integrated building, the opportunity of co-financing development of transport, engineering and social amenities infrastructure with federal, regional, district authorities. We are elaborating issues of power, heat, and water supply with Irkutsk Power Grid Company, and Municipal Unitary Enterprise Vodokanal.

Press service of OAO Irkutskenergo
18 January, 2012

January 18, 2012
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