Open AccessTransition to the project housing construction financing scheme
Author(s) -
Vera Kudryavtseva,
Н. В. Васильева
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/667/1/012049
Subject(s) - equity financing , scheme (mathematics) , finance , project finance , business , equity (law) , government (linguistics) , construction industry , construction engineering , engineering , debt , mathematical analysis , linguistics , philosophy , mathematics , political science , law
In current social and economic conditions, the construction industry has a lot of problems. It is necessary to reform the industry. One of the significant changes was implementation of the project financing scheme and abandoning of the equity construction financing scheme. Project financing is a more mature market development model. By 2020, the bank project financing scheme into the construction market will have been implemented by the Russian Government.