Khusnullin urges mobilizing Russian savings for housing investment

At the Russia exhibition forum held at VDNKh, Deputy Prime Minister Marat Khusnullin urged officials and industry leaders to explore ways to mobilize Russians’ savings for housing construction, viewing them as a potential source of additional investment. He noted that the nation possesses a substantial pool of financial resources, with tens of trillions of rubles held by the public, which could be steered toward building projects that shelter families and stimulate local economies. Khusnullin’s comments underscored a broader strategy to convert private wealth into tangible housing assets, aiming to expand supply and accelerate project timelines across the sector. The emphasis was on practical steps and policy measures that could channel existing savings into construction, potentially reducing bottlenecks and supporting steady growth within the market. RIA News reported these remarks, underscoring their relevance for policymakers and investors alike.