OREANDA-NEWS. November 13, 2010. The Government approved the sales of 1,5 million AAUs to a Japanese conglomerate Mitsubishi Corporation.

Under a Green Investment Scheme the proceeds will be invested into energy efficiency improvement of public buildings which will lead to reduced energy consumption and consequent CO2 emission reductions. In addition, the investments will improve the buildings’ internal climate and have a positive impact on the working environments and job creation in the construction sector.

The planned investments involve 20 real estate objects, of which 7 are in educational, 11 in environmental and 2 in internal security sectors.

The Ministry of Finance together with the State Real Estate Company will be responsible for the implementation of the Green Investment Scheme.