Translation. Region: Russian Federation –
Source: Moscow Government – Moscow Government –
An important disclaimer is at the bottom of this article.
Moscow has become a leader among global megacities in terms of economic size. Sergei Sobyanin announced this in his annual report on the Moscow Government's performance.
"Since 2010, Moscow's gross regional product has grown by 41 percent. Today, we confidently rank second among the world's largest megacities in terms of economic size. By the end of 2025, investment from all sources will likely exceed a staggering nine trillion rubles. This is four times the 2010 figures," the Moscow Mayor noted.
To ensure sustainable economic growth in the coming years, the city plans to develop modern industrial sites, information technology, creative industries, and other sectors.
Modern production sites
Industry is a vital component of the economy. Manufacturing facilities must meet modern requirements.
"Fifteen years ago, in 2010, Moscow had approximately 10 million square meters of industrial space. A significant portion of it was outdated and unsuitable for modern production. Today, the city has over 13 million square meters of high-quality space. And in another five years, we plan to double that number," said Sergei Sobyanin.
The year 2025 saw several significant events for Moscow industry. In September, Russian President Vladimir Putin opened National Space Center— a key object of the future aerospace industry cluster.
Several companies have begun operations in the Technopolis Moscow special economic zone. Among them is the concern KalashnikovSeveral new large pharmaceutical plants have begun production. They specialize in the manufacture of drugs for the treatment of cancer and other serious diseases. Construction has been completed. Moscow Center for Photonics with technologies that are largely unparalleled anywhere in the world. Furthermore, a unique production facility specializing in solar batteries for spacecraft has emerged.
A state-of-the-art facility has opened in Nagatinskaya Poima shipyard for electric shipsThe first one in Moscow has opened in the Ochakovo-Matveevskoye district. food technology park, a unique large-modular housing construction plant also appeared.
"The capital's defense industry is confidently expanding its capacity, making a significant contribution to the special military operation. Plans for the coming years include a significant increase in microelectronics production, which is critical to ensuring Russia's technological leadership," the Moscow Mayor emphasized.
Several more large pharmaceutical manufacturing plants will open in the capital, making the Moscow pharmaceutical cluster the country's largest in terms of production volume. A large factory producing batteries for electric vehicles is planned for operation in Krasnaya Pakhra. New clusters will be established at the Vorobyovy Gory Innovation Science and Technology Center of Lomonosov Moscow State University.
Two more production facilities will open in Moscow under offset contracts.Since 2011, more than 300 industrial facilities have been built in the capital.
Finance and IT
Moscow is the largest financial center in the post-Soviet space. Developing this sector is crucial for the development of not only the city but the entire country.
"In 2022, the financial sector became the main target of our adversaries. There were many negative predictions. But in reality, over the past five years, it has strengthened significantly due to increased lending for infrastructure development projects and the promotion of technological sovereignty in the real sector of the economy," added Sergei Sobyanin.
Moscow banks and financial companies offer high-quality and modern services at a world-class level.
Another fundamental sector on which the country's technological sovereignty depends is information technology. Today, Moscow is a leader in areas such as artificial intelligence and digital twins of physical objects. The medical, educational, and other services created in the capital are used by tens of millions of people across Russia. The IT sector has doubled in size in five years, and its share of the city's economy has reached approximately 10 percent.
Creative industries
The creative industries' contribution to Moscow's gross regional product exceeded 10 percent. The creative sector employs approximately 1.4 million people—almost every fifth worker in the capital.
In 2025, the second phase of the Moskino film park was completed. It became the largest location filming facility in Russia. Construction of the new Gorky Film Studio complex is nearing completion. Expansion of the Moskino film factory studios continues.
"The Moscow film cluster's capacity is booked months in advance and is in demand by most of Russia's largest studios. There are also requests for filming from international filmmakers. In November, a specialized video game industry technology park opened in Skolkovo, with approximately 40 studios, having passed a rigorous competitive selection process, becoming residents. As a result of these projects, we will create one of the world's largest film, media, video game, and animation production clusters," explained the Moscow Mayor.
Also on the agenda is transforming Moscow into a center for fashion, design, and other creative industries in the BRICS countries.
Tourism
Tourism makes a significant contribution to the city's economy. Moscow is becoming increasingly beautiful, thanks in part to hundreds of restored architectural masterpieces.
Convenient walking routes, safety, free high-speed internet, convenient digital services, and a variety of digital services play an important role for travelers.
According to preliminary data, 2025 will be a record year for tourist arrivals. The number of visitors to the capital will reach approximately 26.5 million, and the number of foreign travelers will increase by 10 percent.
The industry's contribution to the city's GDP is increasing every year and could reach six to seven percent by 2030. Furthermore, the hospitality industry provides jobs for hundreds of thousands of Muscovites.
Trade and gastronomy
Retail remains Moscow's largest economic sector. However, it is currently undergoing a systemic transformation driven by the rapid growth in popularity of delivery. The share of online sales in the capital has already reached 20 percent.
A significant change in the sector has been the transformation of the shopping center concept. They are increasingly becoming more of a leisure destination. The city is supporting this trend, including through simplified approval of the necessary urban planning documentation.
In addition, approximately 26 former Soviet cinemas have changed their format and become district "Meeting Places"—points of attraction for city residents of all ages, complete with cultural, catering, retail, and service businesses.
Moscow's calling cards are its thousands of diverse restaurants, cafes, and summer terraces. They are frequented by both locals and visitors. Their development is the result of the hard work of many talented and hardworking Muscovites.
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