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TIME TO INVEST IN MOSCOW
December 2019
2019 | Moscow City Investment Agency | 2
Moscow is one of the world’s largest agglomerations
Capital investments in Moscow in 2018
14% Moscow share in total
investments in Russia
~$37.3 bn (₽ 2,4 tn)
+107% Against 2010
Population of Moscow agglomeration
$160 bn (₽ 10.4 tn) in 2018
20 million including Moscow – 12.6 m people
14% of Russia’s total population
Accumulated Foreign Direct Investments
$248 bn
~50% The share of Moscow in accumulated FDI
of the Russian Federation
Consumption in Moscow agglomeration
2019 | Moscow City Investment Agency | 3
Foreign Direct Investments in Moscow
$ 248bn
Total accumulated FDI
* Excluding the statistics of countries from which the repatriation of capital (Cyprus, etc.)
accounts for a substantial portion of FDI
by countries*, USD bn (as of 1 July 2019) European Cities and Regions
of the Future Ranking
(FT - fDi Intelligence)
12
6
>25
468 cities and
regions
2014/2015 2016/2017 2018/2019
294 cities
301 cities
Germany 8.0
Finland 4.7
France 4.2
Italy 3.6
Austria 3.4
Sweden 2.3
United States 2.1
UK 1.6
2019 | Moscow City Investment Agency | 4
New Support Mechanism for Industry& Hitech Sector
Industrial complex Technopark
Special status for existing enterprises
Industrial complex Technopark Industrial park
17-25%
25%
Regional tax
burden
reduction*
* income tax, land tax and land rent benefits
Investment priority project to create
Industrial park
2019 | Moscow City Investment Agency | 5
Support Already Granted
49 industrial complexes
including:
Companies supported:
36 technoparks
10 anchor residents of technoparks
Investment,*
USD 1.5 bn (₽ 95 bn)
Sales revenue,**
USD, 7.3 bn (₽ 476 bn)
Number of jobs,
‘000 people 103.4
* for the last 5 years
** 2016, 2017 years
105companies
+ 9 Investment
Priority Projects investment
$370 m (₽24 bn)
1 car manufacturer
status Renault Russia
+
2019 | Moscow City Investment Agency | 6
Sites for Localization: Technoparks and SEZ
36 technoparks
>$800 m of investments (₽ 53 bn)
>42 000 jobs
>1 950 residents
Wide area of specialization:
Preferential rental conditions Tax benefits for anchor residents
Special tax and customs conditions
47% Regional tax burden reduction
Income tax (regional)*
Property tax*
Land tax* Transportation tax*
0%
Free customs zone
Preferential terms for land purchase
SEZ Technopolis Moscow
207ha
SEZ area
62 Tenants
$380 m Investments
*- benefits validity period is 10 years Free utility connection
(₽ 23.9 bn)
2019 | Moscow City Investment Agency | 7
Moscow – PPP development leader of Russia
$14.5 bn
volume of PPP project contracts from 2013 to November 2019
1 st place in PPP development rating of Russian regions 2016 – 2019
INCLUDING:
$ 1 bn Concession projects
$ 7.4 bn Life Cycle Contracts (LCC)
$ 3.7 bn Long-term contracts with an investment component
$ 2.1 bn Corporate PPP
$ 275 m Real estate lease with Investment commitments
2019 | Moscow City Investment Agency | 8
Concessions: Northern Relief Road for Kutuzovsky Prospekt
10.3 km
Road length
40 years
Concession term
$638 m
Financing
The first intracity road concession in Moscow
Investors: Management company LEADER (owned by NPF Gazfond, Gazprom), Sovereign Funds of Saudi Arabia, Qatar,
Bahrain, China, Russian Direct Investment Fund
2019 | Moscow City Investment Agency | 9
2 years
construction time
$50 m
Investments: (no city investments)
Creation of a modern cable way over the river between
2 metro stations in the North-West district of Moscow
Concessions: Cable way consession
During the period from May to December 2019,
it is planned to hold an open tender and conclude
a concession agreement with the winner.
Tender bidders: Consortium headed by Bartholet (Switzerland), Consortium of REGION Group and POMA (France)
2019 | Moscow City Investment Agency | 10
1.8 m sq. m
permitted capital
construction volume
Construction of Transport Hubs (TH)
>$11.1 bn (₽ 700 bn)
estimated private investment in TH
at metro and urban railway lines and stations, both existing and under construction
≈9 m sq. m TH town planning potential
19 TH already transferred to investors
$2.1 bn (₽ 134 bn)
expected capital expenditures of private investors
Investors: PIONEER Group, TASHIR Group, MR Group, Enka, REGIONS Group, RG-Development etc.
2019 | Moscow City Investment Agency | 11
Life-Cycle Contracts
Efficient tool of budget cost optimization – life-
cycle contracts (LCC) stipulating the product supply
and service
Metro Surface transport Utilities Healthcare
Supply volume 1,576 metro cars 436
busses 300
trams 300 e-busses
33,578 heat
counters
18 angiographs
Contract time 30 years 7 years 30
years 15 years 12 years 10 years
Contract value USD 5.4 bn USD 112
m USD
865 m USD 297
m USD 486
m USD 40 m
$7.2 (₽470 bn)
Value of concluded LCCs
Main application area: Public transport renewal
Investors: Transmashholding, GAZ Group, JSC KAMAZ, ROSTEC, ROSTELECOM etc.
2019 | Moscow City Investment Agency | 12
Offset Contracts:
Public procurement with investment commitments
Priority areas for offset contracts:
Supply price reduction;
Import substitution, guaranteed
supplies;
New jobs and tax basis growth.
Solvent consumer;
Long-term sales guarantee;
Sole supplier register inclusion.
+ for Moscow: + for Investor:
Medicines and
medical devices
Utilities
equipment/vehicles
Computer& Telecom
equipment Public transport
vehicles Equipment/
machines/ facilities
2019 | Moscow City Investment Agency | 13
Offset Contracts: Moscow’s experience
Up to
10 years
Contract term
>$16 m volume of investment in construction,
upgrading and/or production engineering
Key conditions of Contracts
Russian-made goods procurement
Already concluded:
2 contracts
Drugs supply
(53 INN incl. 27
imported INN)
$138 m
Private investments
(₽ 8.8 bn)
$502 m
Supply volume
2019 | Moscow City Investment Agency | 14
Moscow Investment Portal
>3.0 thous. of objects
at auction
>5.3 thous. of objects at
investment map
64 services for
business
17 Online
services
The largest specialized information portal
for investments;
A single entry point and a business
navigator;
Convenient online services;
An effective feedback mechanism
from business (direct line);
A single trading platform with information
about all urban property put up for auction;
Ability to apply online for support
measures.
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