Moscow generated RUR 4.66 bn revenue from investment payments

In Q1 2018 Moscow signed 38 agreements to change the land purpose to development/reconstruction. The total area of land plots amounted to 230.56 ha, the area of new construction was 889,580 square meters. The investment payments generated RUR 943.65 m for the city budget, the total budget revenue including installment payments from previous agreements amounted to RUR4.66 bn.