MOSCOW, February 7. /TASS/. Investments in Moscow have doubled in the last five years and the manufacturing industry has increased output by 40% over the same period, Mayor Sergey Sobyanin said at a meeting with Russian President Vladimir Putin in the Kremlin.

"In particular, we have scaled up the amount of investments twofold over five years. The volume of manufacturing increased by 40%, even if the Moscow Refinery is not taken into account. Considering new production facilities of the Moscow Refinery taken on stream, manufacturing industries saw a twofold increase in their volume in Moscow," the Mayor said.

Moscow has recently implemented a bunch of large-scale projects and has become a leader among global metropolises over the past years, Sobyanin noted.

Last year was a kind of a test for the capital, the Mayor said. "However, even in the conditions of the toughest sanctions for Moscow, it did not serve as any obstacle for realizing those programs about which we mentioned and outlined. Furthermore, I believe the years to come will provide good, strong growth and quality of urban development, despite all the difficulties," he added.