A far-from-small “Small Tokyo” will be built in Kazan.

In the Investment Development Agency of the Republic of Tatarstan an
agreement of intention to implement an investment project on a low-rise residential
compound using Japanese technologies on the plot of land of 23,5 ha in the
territory of the Sovetsky district of the city of Kazan was signed with a Japanese
company “Iida Sange Rus.”

The Agency will provide an advisory support regarding project implementation,
as well as ways of State support as stipulated by current legislation.

The Company 'Iida Sange Rus' will invest $450 million buying the plot of
land, establishment of utility facilities and phase 1 construction of houses fully
ready for sale. Total project cost will amount to ₽1 billion 440 million.

The new residential compound housebuilding “Small Tokyo,” designed for 180
houses, will already be started in Kazan this year. All houses of the 'Iida Sange
Rus’ company are built to live in right away.