In place of Cherkizovsky market appears residential area

As head of the capital department of consumer market Vladimir Malyshkov, Russia's largest Cherkizovsky clothing market, located in the east of Moscow, will be closed gradually since July 2007.

According Malyshkova, Cherkizovsky market will be closed in stages over several years, and on the spot market is planned to build a residential district, provided all the necessary social infrastructure.

'We plan to close parts of the market, and the liberated territory to immediately begin construction ", - said Malyshkov.

According to the official, initial construction work will begin on the part of Cherkizovsky market, freed from trade in August 2007. "Completely close Cherkizovsky market we expect in 2009" - said Malyshkov.

Earlier, city officials said that Cherkizovsky market will be fully closed until the end of 2007.