Industrial parks of Russian regions

On the 12nd of November 2009 Russian President Dmitry Medvedev mentioned the need for the rapid national economy modernization based on the innovation technologies in his official annual address to the Federal Assembly.

However, the growth of the innovative and investment activities in Russia continues to be slow as it was stated in the 23rd session of the Foreign Investment Advisory Council (FIAC), established in 1994 as a result of the combined efforts of the Russian government and foreign businesses to improve the investment climate in Russia.

Only some Russian regions were able to increase regional gross product and number of working places due to the construction of industrial parks and creation of special economic zones. Russian government takes actions and provides more than 2 billions of Russian rubles financing for 57 Russian regions targeting creation of business incubators and industrial parks for the innovative enterprises. And yet there are not enough assets for the accelerated modernization of the regional economies.

International investment forum “Industrial parks of Russia regions” with RusCham partnership will take place in Moscow in April 2010 to attract technologies and investments of the national and foreign investors to the innovative industrial parks of Russian regions.

For more information please visit: http://investrussia2010.com/en