FBK GT About Investment Projects in Construction Sector

FBK Grant Thornton has held a webinar titled “Investment projects in the construction sector: minimisation of fraud and optimisation — instruments for lenders”.

Maya Savitskaya, a Manager of the Department of Assurance and Advisory to Financial Institutions, spoke about new challenges and restrictions for lenders in the construction sector. Igor Sadovnikov, the Director of Investment and Construction Advisory, dedicated his speech to loan financing of investment projects amid the crisis, examination of projects for compliance with the legislation and optimisation of capital expenditures. He also mentioned typical mistakes of real estate developers, possible fraud schemes and control measures.

Pavel Apanovich, who was invited by FBK Grant Thornton to participate in the webinar, listed common and individual risks associated with loan financing of construction projects at various stages and proposed certain ways to mitigate them.

Recordings of all webinars are available in the Events section of our website where you can find materials useful for businesses, especially during the pandemic.

You can watch the video recording here https://youtu.be/dqHk0nGaR4Y