Huge programme to develop parking infrastructure in Moscow being introduced

Moscow's Directorate for Investment Project Support and Participatory Construction Oversight (Moskomstroyinvest) has introduced a huge programme for developing parking space in the Russian capital. It provides for the construction of at least two million parking spaces in the city by 2025.
March 19, 2012 Read time: 1 min
Moscow's 4078 Directorate for Investment Project Support and Participatory Construction Oversight (Moskomstroyinvest) has introduced a huge programme for developing parking space in the Russian capital. It provides for the construction of at least two million parking spaces in the city by 2025. Investors will be able to establish parking chains and developers will receive 1,345 sites for capital construction of garages by 2015 and 1,404 sites more by 2025. About 3,000 new parking centres will be launched at permanent structures.

Some 200 land sites for parking construction in all districts of Moscow will be put up for public sale this year.

The programme will start in the central administrative district, where the authorities plan to set up 50,000 legal car spaces along the road network and 60,000 car places at permanent structures. Garages will be built in the relevant district with limited free parking places in the city’s historical centre and a compulsory parking fee will be applied in future.

Moskomstroyinvest estimates that Moscow has 1.9 million registered parking spaces, which is only for 30 per cent of the required number. Each day, there are five million cars on the city’s roads.

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