MOSCOW TIME: 26.04.2024 10:56:58

A Japanese construction company intends to sell affordable homes in Russia

A Japanese construction company intends to sell affordable homes in Russia

Iida Group Holdings, a major Japanese construction company, intends to rollout the production and sale of affordable housing in Russia, as reported by Japanese Nikkei. Initial investments will total about $85 million.



A Japanese construction company intends to sell affordable homes in Russia


Iida Group Holdings, a major Japanese construction company, intends to rollout the production and sale of affordable housing in Russia, as reported by Japanese Nikkei. Initial investments will total about $85 million.


Iida Group Holdings plans to establish a facility to produce construction materials and manufacture ready-cut timber houses near Vladivostok. The facility's output will be subsequently exported to Japan among other countries. In addition to Russia, Iida Group Holdings plans to extend its business to the USA and Southeast Asia.



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