Russian Silicon Valley

Plans to build in Russia the Center for Research and Development Medvedev announced in February this year.

Then he explained that the new innovation center will become Russia's equivalent of the American Silicon Valley, a kind of prototype of the futuristic city to be a major testing ground for new economic policy.

It was agreed that the ultra-scientific-technological complex for the development and commercialization of new technologies will be built in Skolkovo in Moscow region.

President Dmitry Medvedev instructed the Government of Russia to resolve the issue with a special legal regime of Russia's "Silicon Valley" in the near future .

Nat Lawyer

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