Source Pravda.Ru

Estimated Investment of USD 10 Billion Needed to Prepare for EXPO-2010

According to estimates, an investment of USD 10 billion is needed to prepare for the EXPO-2010 exhibition. This is what Yuri Luzhkov, Moscow's Mayor, said at a press conference following the closing of the 131st session of the General Assembly of the International Bureau of Exhibitions (IBE). As reported by the Government's Department of Information, the mayor was among the participants of the presentation of Moscow as a candidate host of the EXPO-2010.

Mr. Luzhkov said about USD 2 billion would come from Russia's federal budget and the budget of Moscow. This money will pay for the development of the transportation and engineering infrastructures, while outside investments will be needed to build pavilions, hotels, and service establishments. Mr. Luzhkov assured that the organization of the EXPO-2010 exhibition would meet not only all the requirements of the IBE but also the highest standards as concerns international events on this level.

The Mayor of Moscow also said the symbol of EXPO-2010 was being discussed. For instance, it could be the giant 648 metres tall Russia tower to be built in Moscow City the capital's international business centre.

The presentation of Moscow as a candidate host of EXPO-2010 exhibition was also attended by Zhores Alfyorov, the Vice President of Russia's Academy of Sciences, a Nobel Prize winner, and hosted by Oxana Fyodorova, Miss Universe from St. Petersburg.

The city to host EXPO-2010 will be named at the next session of the General Assembly of the International Bureau of Exhibitions in December 2002.

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
Comments
After Syria, Russia goes to Afghanistan
After Syria, Russia goes to Afghanistan
After Syria, Russia goes to Afghanistan
After Syria, Russia goes to Afghanistan
Americans obtain secret information about Russia’s new Avangard missiles
Putin parades Russia's new 'fantastic' weapons that no one else in the world has
Americans obtain secret information about Russia’s new Avangard missiles
Serbia will recognize Kosovo only over its dead body
Americans obtain secret information about Russia’s new Avangard missiles
Putin does not exclude war with Ukraine in Donbass
Russian party girl Nastya Rybka refuses to please Washington
Serbia will recognize Kosovo only over its dead body
Putin makes first public comment on Russian pension reform
Serbia will recognize Kosovo only over its dead body
Putin warns of consequences should Georgia and Ukraine become NATO members
The Big Brexit mistake
Putin makes first public comment on Russian pension reform
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body