MIL-OSI Russia: Three sports facilities will be built as part of the city’s investor support program

MILES AXLE Translation. Region: Russian Federation –

Source: Moscow Government – Government of Moscow –

Moscow Foundation for the Support of Industry and Entrepreneurship provided investors with preferential investment loans for the construction of sports complexes. They will be built within the framework of the industry scheme for the placement of such facilities, approved by the Moscow Sports Committee. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

The preferential investment lending program has been in effect since March 2022. The fund compensates industrial enterprises for part of the costs of paying interest on loan agreements. Under the program, such companies can receive up to three billion rubles at three percent per annum for up to three years.

“In July 2024, by decision of Sergei Sobyanin, the preferential investment lending program was expanded to investors who are developing the city’s sports infrastructure. Developers can receive up to 500 million rubles at three percent per annum for up to three years. Today, within the framework of this program, a multifunctional sports complex is being prepared for opening, and two more facilities are also under construction – a hockey arena and an indoor sports ground with artificial ice,” said Maxim Liksutov.

Under the terms of the program, companies that build football fields, indoor skating rinks, indoor arenas, tennis courts, swimming pools, sports and recreation complexes with multi-purpose sports halls and other facilities for sports and physical education can receive financial support.

“Since the start of the program, investors have attracted over 700 million rubles to implement three new projects in the sports sector. It is planned that by 2030, thanks to this support measure, up to 300 sports facilities will appear in the capital,” said the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy

Anatoly Garbuzov.

Thus, a multifunctional sports complex is planned to open in Olonetsky Proezd (property 5/1a). It has ice and football fields, four indoor tennis courts and one outdoor clay court. The area of the complex is eight thousand square meters. More than 180 million rubles were attracted for this project.

The same investor will build an indoor hockey arena with an area of 4.5 thousand square meters at the address: Balaklavsky Prospekt, Building 33. It will house two ice arenas, a gym, and a choreography hall. To implement this project, the investor attracted 280 million rubles thanks to the fund.

The fund also supported the construction of an indoor sports ground with artificial ice, which will be located at 9 Krymsky Val Street. The complex will include an ice arena, a gym, and a choreography hall. The opening is scheduled for the second quarter of 2025. The developer raised almost 300 million rubles.

To receive funds at a preferential rate, you must enter into a loan agreement, then contact the Moscow Fund for the Support of Industry and Entrepreneurship. After the application is approved, a financial support agreement is signed to compensate for part of the costs of paying interest on the loan. Then, depending on the terms of writing off interest, the required amount is transferred to the company’s account in the bank where the loan is opened. All information is available on the foundation’s website.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

http://vvv.mos.ru/nevs/item/144978073/

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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