Sobyanin: Moscow attracts investors by infrastructure

19.02.2019

The volume of investments in the economy of Moscow has grown over the past seven years by 70%, Moscow Mayor Sergei Sobyanin said at an investment forum in Sochi. According to him, today, investments in the capital economy amount to about 2 trillion rubles.

“Over the past seven years, the volume of investments in comparable figures has grown by 70%, this is a tremendous move forward … In recent years, we have seen a decline in investments, but in Moscow, even in the worst periods, investments did not fall, at least a 1-2% increase”, – said Sergey Sobyanin.

The head of the capital noted that investors are attracted to Moscow by promising infrastructure development projects.

“There is an opinion that the investments in Moscow themselves come, but this is not so. The secret to the growth of investment lies in the fact that the city itself invests money in infrastructure, in the ICC, in the metro, in roads, in engineering infrastructure. There would be no budget if we did not invest in investments, these are interrelated things”, said Sergei Sobyanin.

At the forum held in Sochi, the Moscow Government presented more than 30 projects demonstrating the investment potential of the capital. This is a project for the integrated development of territories, a number of large infrastructure projects (Moscow central diameters, transport and installation hubs, metro development), urban development projects, digital business assistants – the Moscow investment portal and an investment calculator.

Source: RIA Novosti

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