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Investors Sought for New Moscow Airport in Zhukovsky

A new full-scale airport at the Ramenskoye airfield in the Moscow region town of Zhukovsky is slated to be built by Rostec subsidiary Rossia, according to an announcement by the company.

The project requires 7 billion rubles ($214 million) in investment between 2014 and 2019 and companies interested in investing are invited to apply until Dec. 2, Interfax reported Thursday. The results of the competition will be announced Dec. 10.

The 40-hectare airport will house a multifunctional complex with passenger and cargo terminal facilities, roads, parking lots, a hotel and a commercial center.

The Ramenskoye airfield is already home to an airport, which is currently used for cargo transportation. The airfield has served as a major aircraft testing facility since the Cold War.

In March 2011, President Vladimir Putin proposed moving charter flights and low-cost carriers to the Ramenskoye airport to relieve passenger traffic from at Moscow's three other airports — Domodedovo, Sheremyetevo and Vnukovo — and to reduce costs.

If all goes according to plan, the airport will be built in three phases and completed in 2019. It will serve 10 million passengers and handle 25,000 tons of cargo annually.

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