BUILD INVESTMENTS GROUP (Kazakhstan) and Eurasia-CITY (Russia) sign agreement on construction of central region in Konstantinovo city near Moscow

/KASE, August 20, 08/ - BUILD INVESTMENTS GROUP (Astana), bonds of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of category "B", provided KASE with the press release that says the company is going to sign at the beginning of August this year an agreement on understanding and cooperation with Russian developer Eurasia-CITY within the frameworks of construction of the central region in Konstantinovo city near Moscow. Eurasia-CITY is specializing in complex development of massive areas. Eurasia- CITY is acting as a land developer in this project; BUILD INVESTMENTS GROUP is going to generally manage the project. "In this case Konstantinovo - is the first sputnik city of such size, to be located near Moscow on the direction to Domodedovo airport. The project will involve establishment of all necessary infrastructure objects - schools, hospitals, and business parks, trade and recreation center etc. In addition, the first in Russian race circuit will be built on the territory of the new city. The project will include professional football club facilities, sports school, 3 sports complexes, 10 floors and sports grounds, 20 mini-stadiums, 20 fitness clubs, horse riding center", - the media says. [2008-08-20]