Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Moscow To Spend $1bln On Developing New Territories In 2013
27.08.2012 11:20
Moscow To Spend $1bln On Developing New Territories In 2013
The New Moscow territories (Source:

Over 2011 and 2012 Moscow has grown significantly: many previously suburban districts have now been added to the capital. The New Moscow plan has come into force in July 2012: it will see Moscow growing 2.5 times through new territories acquisition in the west and south-west of Moscow Region. Three districts - around the luxurious Rublevka and Uspenskoe Highway and the innovative Skolkovo - will become new separate municipal creations. 

      The vice-mayor of Moscow explained that the impressive $1bln will be divided between various sectors: less than 10% will go towards the social infrasctructure, around 10% - towards transport, and well over %10 - towards engineering projects. The money is reported to have been "saved" through the auctions.  

Author: Julia Shuvalova

Tags: Moscow Moscow Region Russian business   

Next Previous

You might also find interesting:

Rosa Khutor is Ready for Winter Season
The Central Rental Pavilion in Gorky Park will be Turned into a Stone House
The Dancing Forest Tourist Route in the Curonian Spit National Park Needs Protection
Smetanino Fest: Russias Biggest Scrambled Eggs Consisting of 7 Thousand Eggs Broke Records
Vyborg will Get New Recreation Zones

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Fountains of St. Petersburg  travel to Russia  National Payment System  Russian Rock Music  Russian oil  Russian regions  Russian Photographers  Mikhail Nesterov  Books  Graphic Art  Rock Music  Zakharov  Barysh  Russian Cinema  Andrei Makarevich  The Kaluga Region  Karachay-Cherkessia  Baikal  Peru  Sochi taxi  business  Russian tourism  Kamchatka  Russian Fortresses  airport transfer in Russia  obituary  Christmas  Exhibitions in Moscow  travelling for invalids  Novosibirsk  children  Soviet Artists  St. Petersburg  Russian scientists  Exhibitions Sales  City Hunter  Beeline  Infrared Absorption  Russian Architecture  Soviet Union  Healthcare  ColorFest  Sharapova  Russian business  Moscow  Russian businessmen  Sergei Prokofiev  Festivals in Moscow  Murmansk  Mercedes-Benz Fashion Week Russia 

Travel Blogs
Top Traveling Sites