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BREAKING NEWS
Japan April Jobless Rate is 4.6%; Economist Est. 4.5%

Moscow Plans $11.7 Billion Video-Surveillance, Internet Project

The Moscow city government plans to expand video surveillance and offer residents more services through the Internet in the next five years in a project worth 329.5 billion rubles ($11.7 billion).

Video cameras will be installed in 95 percent of apartment buildings and 75 percent of infrastructure in the Russian capital by 2016, City Hall said today in e-mailed materials before its weekly meeting. It also plans to provide all government services electronically.

President Dmitry Medvedev is keen to develop an “innovative” economy and has urged governments at all levels to switch to paperless services. Russia ranked 59th in a 2010 United Nations survey of world e-government readiness, one place below Saudi Arabia and one above Montenegro.

Moscow will finance 60 percent of the project, City Hall said, without specifying the source of the remaining funds.

To contact the reporter on this story: Lyubov Pronina in Moscow at lpronina@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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