MIBC meaning in Business ?

Answer:

What is Moscow International Business Center mean?

The Moscow International Business Center (MIBC), also known as Moscow-City, is an under construction commercial development in Moscow, the capital of Russia. The project occupies an area of 60 hectares, and is located just east of the Third Ring Road at the western edge of the Presnensky District in the Central Administrative Okrug. Construction of the MIBC takes place on the Presnenskaya Embankment of the Moskva River, approximately 4 kilometers (2.5 mi) west of Red Square.

The complex is a major financial centre in Europe, and is home to the highest numbers of skyscrapers in the continent. The Government of Moscow first conceived the project in 1992, as a mixed development of office, residential, retail and entertainment facilities. An estimated 250,000 – 300,000 people will be working in, living in, or visiting the complex at any given time. By 2016, twelve of the twenty-three planned facilities of the MIBC were already built; seven buildings were under construction; and four were in the design stage.

reference

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