MOSCOW, July 29: A Russian company has spent $89 million building eastern Europe’s largest production facilities in a field outside Moscow and hopes to lure Hollywood majors to shoot and produce movies.

The idea is to create a modern flagship studio that will make Russia a competitively priced destination for film projects and in turn modernise the local industry.

“It is one of the targets for us to invite international projects to get their experience, to get their technologies,” general-director of the Glavkino grou, Ilya Bachurin, told AFP.

Opened by president Dmitry Medvedev in February, on a recent tour the Glavkino studios were still dusty from the construction process and smelled of paint.

Bachurin, 42, a former impresario and television executive, led the way through the studios to show off echoing sound stages and hi-tech 3D equipment.

The largest sound stage measures 3,108 square metres (33,4340 square feet), a space so large that it swallowed up a bus parked in the corner.—AFP