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Moscow attracts $15,6 billion of investments annually

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Moscow attracts $15,6 billion of investments annually

About 1 trillion of rubles ($15,6 billion) of investments are attracted in Moscow annually, a Deputy Mayor of Moscow for urban construction policy and construction, Marat Khusnullin, said in an interview to Rossiiskaya Gazeta on Friday.

“Today Moscow attracts a large amount of investments, no more than 15% of total volume of real estate items are built from the federal budget, the rest funds are provided by investors,” Marat Khusnullin announced.

Moscow Deputy Mayor stressed that the investment boom was ensured by allocation in transport construction. “When there is a transport availability, there are those willing to develop the territory. Especially, this can be seen from new metro lines and the launch of the Moscow Ring Road,” noted Marat Khusnullin.  

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