Moscow transport projects ensure main private capital inflow
The volume of investment in fixed assets in Moscow grew by 15.3% in 2018 and reached 2.43 trillion rubles, deputy mayor of Moscow on economic policy and land and property relations Vladimir Efimov said at the international exhibition MIPIM-2019.
Vldaimir Efimov noted that the main inflow of investments ensures the development of the transport infrastructure of the capital. “Traffic interchanges, new underground terminals of the metro, central diameters, the central heating station – these large-scale urban projects today effectively attract private investment. For every one ruble of city funds, we receive another 3–3.5 rubles of private investment. This applies to commercial projects in all areas of the city – trade, catering, the hospitality industry, the construction of office real estate, ”said the Deputy Mayor.
He stressed that in the coming years, new traffic interchanges and transfer hubs will become the most effective points of attracting private capital.