The building industry of the North Caucasus Federal District
The North Caucasus Federal Dictrict is one of the leaders in implementing major investment projects in the priority economy areas: tourism and recreation, medicine, industry, agriculture and food production. Among such projects: Akhmat tower, Veduchi resort, a reinforced concrete products factory in Kabardino-Balkaria, Arkhyz ski complex expansion and other projects. The North Caucasus Federal District has the highest population density of 85 people per square km. That causes a fairly high rate of housing construction in the region. In the 1st half of 2019, 1.3 million square meters were commissioned, an increase of 3.4%. The District is actively implementing such national project as "Housing and Urban Environment", "Mortgage", "Housing", "Formation of Comfortable Urban Environment".