System of construction savings to be introduced in Belarus in 2021

The system of construction savings will be launched this year in Belarus. Citizens got the opportunity to open special bank accounts in order to further direct the funds from them to the construction of apartments. This opportunity was included in the state program on the construction industry for the next five years. One of the highlights of the program is the construction of residential housing in satellite towns. For example, 11 houses will be build in Smolevichi this year. Infrastructure will also be actively developed.