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Moscow doubles allocations for metro construction

March 11, 2012, 17:33 UTC+3
The city will put into service about 50 kilometers of roads, 17 bridges and flyovers and dozens of pedestrian crossings
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MOSCOW, March 11 (Itar-Tass) —— The Moscow authorities doubled allocations for the metro construction and enlarged by 1.5 times investments in the social infrastructure, Mayor Sergei Sobyanin said on Sunday.

“The city investment program was updated in the end of February, and 87 billion rubles were saved in lesser costs of construction projects’ appraisal and design and tenders. In all, the city authorities saved over 5 billion rubles in the past two months,” the mayor said.

“The saved money would be spent on education, healthcare and repairs of homes and roads,” he said. The biggest part of investments (approximately 213 billion rubles) will be spent on transport, including 192 billion rubles on transport infrastructure and more than 100 billion rubles on the metro.

“About 60 billion rubles were spent in 2011. The allocations for the city metro double,” he said. “The allocations imply busy work and recruitment of builders and designers both in the city and in other Russian regions.”

The city will put into service about 50 kilometers of roads, 17 bridges and flyovers and dozens of pedestrian crossings, he said.

“Investments in housing construction will grow from 42 billion rules to 50 billion rubles, and the cost of housing will reduce. That is the mandatory condition in the construction of affordable homes,” Sobyanin said.

The city will enlarge investments in the construction of schools and kindergartens, from 13 billion to 18.7 billion rubles. “On the whole, investments in construction projects will grow by more than 50% since 2011,” he said.

 

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