Skip to main content

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

  • STRABAG wins contract for Hamburg, Germany
    August 26, 2020
    STRABAG has won a major highway contract in Hamburg, Germany.
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill