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Chinese investments will reach the Moscow Metro
In the next six months, the Moscow Government plans to develop an economic model of interaction with Chinese investors in the construction of subways and real estate, the website of the mayor's office reports.
“It is necessary to start construction at the beginning of 2015,” said Marat Khusnullin, Deputy Mayor of Moscow for Urban Development Policy and Construction. Khusnullin added that at present, planning projects are being prepared for the route of the future metro line, which will be built by a Chinese investor.
In May, during a visit to the PRC, the Moscow government signed a cooperation agreement with the China Railway Construction Corporation, under which it is planned to build a new metro line with a length of about 15 km to the village of Kommunarka ("new Moscow") by the end of 2017.