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In the first quarter the volume of investments into fixed capital of Moscow, or the volume of investments into reconstruction, modernization of production, purchase new equipment, amounted to 452,5 billion. This is 14.9 percent higher than the same period last year, said the Deputy Mayor of Moscow for economic policy and property and land relations Vladimir Yefimov.

the Deputy Mayor also added that one of the important drivers of investment activity — Targeted investment program of Moscow development. Its amount in the years 2020-2022 is more than two trillion rubles. This part of the city budget will be directed on realization of priority projects in the transport, social sphere, improvement, development of new territories and other areas.

For localization, modern production facilities and innovative projects in Moscow, also created an entire ecosystem that consists of a special economic zone “Technopolis Moscow”, technoparks and industrial parks. In addition, the city helps investing companies that has a status of Technopark, an industrial complex, an anchor resident of Technopark and Technopolis. Such enterprises can reduce the tax burden on 17-25 percent. This same privilege is put to new investment projects.

last year the volume of investments in Moscow’s economy amounted to nearly three trillion rubles

the Favorable investment climate of Moscow celebrates international and domestic reports.

the world Bank’s Doing Business 2020 Russia moved up three positions and took the 28th place, ahead of Japan, France and Switzerland. The experts made evaluation on the basis of analysis of information about the two largest cities — Moscow and St. Petersburg. The figure is 70 percent dependent on capital.