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Next Year’s New Moscow Development to Cost USD 1bn
22.08.2012 12:08 / Interfax
It has been reported earlier that the investment plan for next year is some RUB 300bn.
“We plan to spend up to 10% of the investment plan on new territories next year. This is money saved during tenders”, said Khusnullin.
He stressed that all city programs will remain uncut.
“We have different funding planned for different purposes, for instance social spending will take up less than 10%, transport will take some 10% and engineering will cost significantly more than 10%”, said Deputy Mayor.