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About 6 trln RUR to be assigned for territorial development of New Moscow

February 14, 2014, 3:29 UTC+3 MOSCOW
It is planned to build 100 million square metres of real estate in the New Moscow, and create one million jobs in the coming 30 years
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© Itar-Tass

MOSCOW, February 14, (ITAR-TASS). About six trillion roubles, including investors' contributions, are to be assigned for the development of New (enlarged) Moscow territories in the coming 30 years, Marat Khusnullin, Moscow's Vice-Mayor for Urban Development Policy and Consstruction, told the newspaper Kommersant in an interview published on Friday.

"It is planned to build 100 million square metres of real estate in the New Moscow, and create one million jobs, with the population being 1.5 million-strong," Khusnullin said.

At the same time, the Vice-Mayor pointed out that "on a greater part of land in the New Moscow it is not planned to build anything". "The territory will remain a green zone," Khusnullin said.

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