MIL-OSI Russia: Investors received 53 plots from the city at a preferential rate of one ruble per year

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

Since March 2022, investors can rent land in the capital for one ruble per year to expand existing and create new production facilities. During this period, the city has transferred 53 land plots as part of the implementation of large-scale investment projects (MaIP), said Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

“Providing land for the construction of production facilities at a preferential rate of one ruble per year allows businesses to reduce their costs of creating jobs and to quickly establish production of products necessary for the life and development of the city. Over three years, investors have already leased more than 270 hectares of land. They will house enterprises in the field of electronics, food industry, construction materials production, furniture, as well as other facilities with a total area of about 2.3 million square meters. After the implementation of the projects, over 23 thousand new jobs will be created. Thanks to the support measure, entrepreneurs will save about 1.9 billion rubles during this time,” said Vladimir Efimov.

The city views the funds lost from rent as investments in the capital’s economy, which will have a multiplier effect. This is expressed in increased budget revenues, as well as in industrial growth.

“By 2030, in accordance with the industrial development strategy, at least 13 industry clusters will appear in the capital. By order of Sergei Sobyanin, the city transferred some of the land plots for the creation of new production facilities to investors at a preferential rate of one ruble per year as part of large-scale investment projects. Modern environmentally friendly enterprises for the production of food and innovative construction products will be built on them,” said the Deputy Mayor of Moscow for Transport and Industry

Maxim Liksutov.

Plots at a preferential rate are provided to investors in all administrative districts of the capital, with the exception of the Central District. Most of them – 13 with a total area of over 167 hectares – are located in the territory of TiNAO.

As noted by the Minister of the Moscow Government, head of the capital’s Department of City Property Maxim Gaman, a large industrial cluster focused on the production of food products is being formed in the Krasnopakhorsky District. For the construction of production facilities with a total area of almost 580 thousand square meters, the city has allocated five sites – this is over 96 hectares of land, on which a distribution center for a meat processing plant, enterprises for the production of dairy, bakery, confectionery products, and ready-made meals will be built. Thanks to the city’s support, investors will be able to save about 800 million rubles over five years.

The plots are provided to investors as part of the implementation of large-scale investment projects – this is a special status that can be received, for example, by production complexes, innovation centers, social institutions, transport, sports, business and other facilities. For their construction, the city provides land for rent. Such support contributes to the creation of new jobs and the development of the capital’s infrastructure.

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