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Domodedovo Plans to Spend $6 Billion on Infrastructure by 2023

Domodedovo airport plans to invest 197.7 billion rubles ($6.1 billion) in its infrastructure up to 2023, more than half of which should come from various budgetary sources, the airport said.

In the next 10 years the airport plans to spend a total of 65.4 billion rubles of budget money on the maintenance of two existing runways and the construction of the third one, as well as on the reconstruction and building of new facilities, Interfax reported Friday.

The state budget will also appropriate 24.8 billion rubles on the construction of approach routes to the airport from the M4 Don highway, Kashirskoye Shosse and other local roads.

The development of the airport's rail infrastructure will cost the budget another 21.8 billion rubles, Domodedovo said. In three years, the airport plans to build a new rail link to Paveletsky Station and modernize the existing rail approaches to its terminals.

Domodedovo's own spending on infrastructure is estimated at 62.4 billion rubles until 2023. Most of the money, 47.2 billion rubles, will be spent on the extension and equipping of the airport's three main terminals, while the airport will also spend 2.3 billion rubles on the expanding its cargo terminal and 2.4 billion rubles on building additional parking spaces for visitors.

The rest of the money will come from third party investors, who are expected to put an additional 23.4 billion rubles into the airport's development. The money will be directed toward the construction of six multifunctional office centers in the vicinity of Domodedovo, a hotel close to one of the passenger terminals and technical and repair facilities.

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