Russia disburses another $60m for another four regional high-tech parks
Four more Russian regions will receive over $60m in federal co-funding by the end of next year to build their own high-technology techno-parks
Nov 10, 2013
This time, the winning regions include Moscow, the Sverdlovsk and Penza regions (in the Urals and in Central Russia, respectively), and the Republic of Mordovia in the mid-Volga area the Russian Ministry of Telecom and Mass Communications announced last week following the completion of its open tender for Russia’s regions.
The regions of Nizhny Novgorod (in mid-Volga), Kaluga (in Central Russia), Kaliningrad (in Northwest Russia) and Krasnoyarsk (in Siberia), which also tendered for federal support, have not been selected this time.
The picked regions will be expected to not only complete their construction projects but also see that all pertinent KPIs are met in their developing techno-park ecosystems for several years after this co-funding program is over.
Launched in 2007, the federal co-funding program is ending in 2014. It has already backed the construction and equipping of $330+m worth of high-technology techno-park facilities in several Russian regions.
It is expected that by the end of next year Russia will have 11 high-tech parks with a total area of more than 300,000 square meters. The techno-parks are expected to accommodate in excess of 800 high-tech companies creating new jobs for at least 20,000 specialists. Plans are for the parks to generate about $910m in overall annual revenue.
The regions of Nizhny Novgorod (in mid-Volga), Kaluga (in Central Russia), Kaliningrad (in Northwest Russia) and Krasnoyarsk (in Siberia), which also tendered for federal support, have not been selected this time.
The picked regions will be expected to not only complete their construction projects but also see that all pertinent KPIs are met in their developing techno-park ecosystems for several years after this co-funding program is over.
Launched in 2007, the federal co-funding program is ending in 2014. It has already backed the construction and equipping of $330+m worth of high-technology techno-park facilities in several Russian regions.
It is expected that by the end of next year Russia will have 11 high-tech parks with a total area of more than 300,000 square meters. The techno-parks are expected to accommodate in excess of 800 high-tech companies creating new jobs for at least 20,000 specialists. Plans are for the parks to generate about $910m in overall annual revenue.