Moscow enjoying good company
Due to some indicators Moscow matches the leading major cities of the world. Traditionally, the Moscow Urban Forum released the results of the study on the largest cities of the world, conducted by the company PricewaterhouseCoopers (PwC) on the order of the city authorities.
Company experts have compared the Russian capital with the largest cities within the E7 Group of seven major emerging economies by a number of parameters that characterize the level of development of the city. These indicators include foreign direct investment, labor productivity, real GDP growth, green area, the proportion of people with higher education, Internet access, public transport network, housing, congestion of road network. The survey showed that over the past year Moscow’s position in the “club” of the largest cities have improved.
According to Sergey Levkin, Head of Moscow department of urban policy, who presented the results of the study, the extent and pace of construction Moscow considers as one of the highest. Due to the total area of constructed buildings per capita Moscow joined the top three with an indicator of 0.75 square meters per person, leaving behind Singapore, Tokyo and Hong Kong. There is a positive trend in the field of housing affordability.
Moscow took a second place due to the density of rail transport, giving way only to Berlin. It is supposed that after commissioning of the MKZD (Small Railway Ring) and the Third Interchange Circuit (Second Cirle Line) of the Moscow Metro the city be able to rival the leader.
In terms of municipal improvement and planting of greenery Moscow also took the second position, giving way to Hong Kong.
The PwC E7 Cities of Opportunity report provides a detailed, objective and timely study of the business, economic and cultural hubs of the emerging world – Moscow, São Paulo, Beijing, Mumbai, Mexico City, Istanbul and Jakarta. The report presents extensive quantitative research as well as analytical discussion on the health and well-being of each of these cities.