Issues of Construction Industry Amidst the Pandemic

Abstract

Construction industry takes an integral part in the economy of any country. It underwent a plethora of various changes throughout its history: from the improvement of building materials to the upgrading of building regulations. Construction sector of Russian economy is not immune to changes as well. For instance, sanctions imposed on Russia in 2014 caused some complications in the construction sphere. Building companies had to deal with problems occurred in logistics, in particular with the supply of building materials. This situation allowed looking from a different angle at the necessity for constituent entities of Russia and the countries of the Eurasian Customs Union to be replaceable. However, the obstacles entailed by sanctions have not broadly affected the process of construction, which includes acquisition of a land parcel, engineering survey, architectural and engineering design work, expert assessments, procurement of a building license, the process of construction itself, and commissioning. Today’s reality compels us not only to develop the construction industry or keep jobs, but also make the results of construction process as much benefiting for people as possible in the midst of COVID-19 pandemic. The authors attempted to find and disclose some problems of the construction industry of Russia in contemporary reality. The paper indicates the tendency of complex and sustainable development of territories in the Russian Federation.