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.

Related Content

  • World’s largest bridge deck for KAIA expansion
    December 16, 2013
    A bespoke formwork solution from RMD Kwikform is playing a key role in creating the largest ever airport cast bridge deck as part of the multi-billion dollar expansion of King Abdulaziz International Airport near Jeddah, Saudi Arabia. The firm is also a leading player in the creation of arterial tunnels under the airport’s elevated roads, another key part of the project’s first phase works due for completion in 2014. Guy Woodford reports
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • SWARCO sets up live-lane running in Germany
    February 28, 2023
    SWARCO’s system spans 2.8km along the hard shoulder of the A8 motorway between Karlsruhe and Karlsbad in southwest Germany.
    Read More
  • Brazil’s booming economy fuels infrastructure demand
    January 9, 2013
    The emergence of Brazil as a major economic force and its need to improve infrastructure is proving a magnet for investment. Patrick Smith reports. Brazil is now the sixth biggest economy in the world according to its Finance Minister Guido Mantega. The largest country in South America with a population of 190 million and one of the BRICS, (Brazil, Russia, India, China, South Africa, Brazil’s economy grew 2.7% in 2011 and is now worth $2.5 trillion, having overtaken the UK. With big oil and gas reserves sti
    Read More

Highlighted Content