DECISION OF ECONOMIC COUNCIL OF COMMONWEALTH OF INDEPENDENT STATES

of March 30, 2007

About activities of Intergovernmental council on cooperation in construction activities

The economic council of the Commonwealth of Independent States solved:

1. Approve the Report on activities of Intergovernmental council on cooperation in construction activities prepared by the specified Council together with Executive committee of the CIS and considered by the Commission on economic problems.

2. Recommend to Intergovernmental council to pay first-priority attention to the solution of the following tasks:

development of the priority interstate documents directed to realization of the Town-planning charter of the Commonwealth of Independent States of June 4, 1999;

the organization of preparation and retraining of personnel in the field of architecture, construction and housing and communal services, including with use of opportunities of permanent international seminars on studying of experience of development of housing construction, designing of construction, reconstruction and operation of housing and objects of the social sphere.

EXECUTIVE COMMITTEE OF COMMONWEALTH OF INDEPENDENT STATES

INTERGOVERNMENTAL COUNCIL ON THE COOPERATION IN CONSTRUCTION ACTIVITIES

The report on activities of Intergovernmental council on cooperation in construction activities

Economic recovery in any country is followed by growth of construction of housing, social facilities and the production sphere.

In January-August, 2006 in comparison with the corresponding period of previous year the volume of investment into fixed capital in the states of the Commonwealth increased, as well as in January-August, 2005, on average on 13%; total area of apartment houses is entered 12% more (for 10%).

Projections of Interstate statistical committee of the CIS of growth rates of investments into fixed capital of the State Parties of the CIS for 2007 testify to permanent tendency to growth.

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