The Koreans plan to invest $US 3 BLN building in the Chechen capital

Reconstruction and development has become the priority in Chechnya's capital Grozny now that security has been restored. Foreign and Russian investors have been flooding the real estate market, raising concerns about a lack of affordable housing.n the past decade Chechnya’s economy and infrastructure have been devastated by war. Hundreds of facilities, including apartment buildings, were destroyed in clashes between federal troops and armed militants.