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28 July 2021, 13:52

New homes delivery reaches 2.4m m2 in Belarus in H1 2021

Igor Kostyukov
Igor Kostyukov

MINSK, 28 July (BelTA) - Housing construction projects in Belarus are on schedule, with some of them running ahead of schedule, First Deputy Architecture and Construction Minister Igor Kostyukov said at a press conference to discuss development prospects of the national civil engineering industry ahead of Builder's Day in BelTA's press center on 28 July.

“The task for this year is to build 4 million m2 using all sources of funding. According to recent data, a total of 2.04 million m2 of housing was built in H1 2021, which was up 15% year-on-year,” Igor Kostyukov said.

In H1 2021 the Belarusian construction organizations built 629,000 m2 of housing for people eligible for housing construction subsidies (up 22% year-on-year), 452,000 m2 of housing for large families and 56,000 m2 of all-electric homes. A national program has been developed to increase the share of such housing taking into account the commissioning of the Belarusian nuclear power plant.

The construction of rental housing is gaining momentum, with 74,000 m2 commissioned in H1 2021. Individual housing construction is also in high demand, with 908,000 m2 built so far.

New neighborhoods are built in satellite towns. Almost 40,000 m2 of housing were commissioned in H1 2021, including 12,900 m2 in Smolevichi.

The price per square meter (excluding individual developers) does not exceed the average salary across the country, said Aleksandr Avramenko, deputy head of the main department of construction and housing policy - head of the housing policy department. “The average cost of 1 m2 is Br1,202, and the one with state support is Br1,109, which is less than the established target of Br1,152,” said Aleksandr Avramenko.

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