DataLife Engine / IKEA invests $167m in mall construction in Russia’s Ural region in 2017

IKEA invests $167m in mall construction in Russia’s Ural region in 2017

“This is stipulated in our “road maps”. The project will have to be implemented until the year 2020. It is crucial to meet this dealine. They will pay a considerable tax on real property,” the head of the Agency, Anatolyi Lobko, said.

As it was reported earlier, a total amount of investments is expected to exceed 10 billion rubles ($167 million).

We should remind you that in January 2016, the authorities of the Chelyabinsk region and the management of IKEA Centers Rus Development LLC announced their plans to implement the project. The investor has already acquired a plot of land with an area of 40 hectares.

27-01-2017, 17:05
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