Rus News Journal

In the Moscow council of businessmen

the Companies “ City “ and “ TSentrinvest “ have urged businessmen to put up money in the

Yesterday councillors of businessmen at the mayor and the government of Moscow have begun
work on the expert judgement concerning the civil-engineering design
business - the centre “ the Moscow city “ joint-stock company “ City “ and the joint-stock company project
“ TSentrinvest “ on reconstruction of two quarters in city centre - in area
streets of Sretenka. The day before till the late evening in a Moscow Council building at presence
the mayor of Moscow Yury Luzhkov, its assistants and heads joint-stock
societies “ Cèòè “ and “ TSentrinvest “ businessmen got acquainted with realisation of these

Performance of the head of joint-stock company “ City “ Alexander Hazhakjana resembled on
propaganda speech more, which would be pertinent before shareholders of a society from
numbers of ordinary citizens (which, by words g - on Hazhakjana, only in Moscow already
about 5 thousand), instead of before professional businessmen. Having informed a number
the curious facts including about recently arrived in joint-stock company facsimile
the message from the sultan of Brunei who has expressed desire to invest means in
project Moscow City, g - n Hazhakjan has urged present businessmen not
to miss possibilities to put up the money in this project.
however, during the further discussion it was found out that preparation degree
project Moscow City for today is that what seriously to consider
a question on possible investments participating in session Russian
businessmen do not intend yet. It first of all speaks that
the master - the project plan is yet ready though in the near future and it is expected
signing of the contract on its working out. According to councillor Yury Miljukova, in
situations with Moscow City there is a set of risks, but most important of them
- political. “ at congress ` the Moscow city ` already
appears in performances of deputies, and if this project becomes the trump card played
by politicians, there is no guarantee that it will not be curtailed, “ - has noted g - n
, according to participants of session, the project
reconstruction of two quarters along the street Sretenka, over which in a current
by request of joint-stock company " looks more worked one and a half years; TSentrinvest “ the group of architects under
Boris Thora`s management worked. Organizers intend to keep within for three years and
to end reconstruction in 1996. Thus apartments of inhabitants remain at
them, and the additional areas will arise at the expense of filling of the empty earth
new buildings and reconstruction of uninhabited premises. Unique not clear
the moment there is a mechanism of reception of the areas - them assume to hand over in
rent for 49 years. Councillors will suggest the government of Moscow to give
the right to firms to redeem offices in the property.