Russian President Vladimir Putin asserted that Russia could set a new record in housing construction this year. His remarks were shared during a meeting with winners of the High Technology Championship, with coverage attributed to TASS.
One participant in the gathering mentioned to the president that they were pursuing a career in building. Putin responded by stressing that the construction sector is experiencing rapid growth across the federation, underscoring the sector’s expanding role in Russia’s economy.
Putin highlighted that the country has already surpassed previous records in housing construction, stating that what has been built so far is unprecedented. He projected that the current year could bring a historic tally and suggested that the following year might also see strong performance.
Earlier comments from Deputy Prime Minister Marat Khusnullin hinted at a potential widening gap in the labor market if the current pace continues. He warned that shortages could reach about 400 thousand workers by 2030. The deputy prime minister noted that the sector is presently short about 50 thousand workers, a figure he described as not excessive given that roughly 11 million people are employed in construction nationwide. Experts have also pointed out that the staffing squeeze may intensify from mid-2022 onward due to reduced immigration. They recommended strengthening career guidance for students and modernizing construction education to better prepare a future workforce.
By the end of August, estimates placed the personnel shortfall in construction around 200 thousand people. Elena Senkevich, head of the Personnel Center at the Ministry of Construction, Housing and Communal Services, provided the update.
Citizens were also informed that the government would expand opportunities through the Work in Russia platform, a move aimed at broadening access to job openings in the sector. The announcements reflect a continuing emphasis on expanding housing output and addressing workforce needs to sustain that growth in the years ahead.
In context, analysts note that Russia’s housing program has become a focal point of economic policy, with state actors signaling strong intent to uplift residential construction as a pillar of urban development and employment. The interplay between record-building targets and labor market dynamics is expected to shape policy discussions and funding allocations as planners assess progress into the next years. The governorate-level impact of these trends will likely influence regional development strategies, housing affordability, and the pace of urban expansion across major cities and smaller communities alike. Overall, the message from leadership stresses confidence in continued momentum while acknowledging the need for workforce development and educational modernization to sustain it, as reported by state media and corroborated by government officials in statements to the press.