Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 05/25/2012

Kremlin Prepares to Unveil Its Silicon Valley

The Moscow Institute of Electronic Technology is one reason officials favor placing Silicon Valley near Zelenograd.
Valery Volkov / Vedomosti

The Moscow Institute of Electronic Technology is one reason officials favor placing Silicon Valley near Zelenograd.

In 10 days, President Dmitry Medvedev will indicate where the future Russian Silicon Valley will be created, and one of the early favorites is the area near the business school Skolkovo.

Among the possibilities for the Center for Research and Development, as it will be called, are Tomsk, Novosibirsk, St. Petersburg, Obninsk, Dubna and an area near the business school Skolkovo along Novorizhskoye Shosse and Leningradskoye Shosse, presidential aide Arkady Dvorkovich said yesterday.

Rusnano head Anatoly Chubais will be charged with developing the project, and the president will likely announce the details of the project when he meets with Chubais on March 22, Dvorkovich said.

The president will consider several criteria in making the choice: infrastructure development, size of the territory, proximity to educational centers and attractiveness for business, Dvorkovich told Vedomosti. That the land belongs to the federal government would simplify the process, but it is not a decisive criterion.

The development of a business plan and the issue of financing will be worked out by a managing company that the president has ordered to be created, Dvorkovich added.

The federal budget is ready to spend money on developing nonprofit projects and scientific infrastructure. The other facilities, including social facilities, will be built using co-financing. "Construction may start next year, but probably only in the second half," he said.

The list is very long, only Chukotka and Yakutia do not meet the criteria, one government official joked. Nearly every area named complies with the criteria stated.

A source close to the government said the discussions on obtaining land will be carried out with private landowners. Four projects were considered: Rublyovo-Arkhangelskoye (430 hectares on Novorizhskoye Shosse that are owned by Mikhail Shishkhanov and Sberbank); A 101 (13,000 hectares near Kaluzhskoye Shosse, owned by Vadim Moshkovich); Konstantinovo (more than 1,000 hectares near Kashirskoye Shosse, owned by Yevrasia); and the land near Skolkovo.

The project requires hundreds of hectares of land, and the center should be world-class, a source in a federal agency said. Both sources said the most likely candidate was the land near Skolkovo, the owners of which they declined to name.

The land near Skolkovo could cost $20 million to $25 million per hectare, according to an estimate by Ilya Terentyev, CEO of Zemer Group.

Konstantin Rykov, a member of the State Duma's Science Committee, told Infox.ru that the United Russia party had opened talks on the Silicon Valley project with Japanese construction company International Dome House, which makes cheap houses from Styrofoam. The company could build a "city of the future" in Russia.

A former Moscow region official said a similar center had been built in Dubna about two years ago. "Offices, factory space and conference centers were built on a huge plot of land, and about $1 billion was invested in it. It's not clear why they have to start a new project," he said. The land in Skolkovo belongs to a federal official, who has long lobbied for this project along with Vladimir Yevtushenkov's holding company Sistema.

Skolkovskoye Shosse is one of the shortest highways, and now it is one of the most elite areas of the Moscow region, said Yevgeny Ivanov, managing director of Zagorod. Deputy Prime Minister Igor Shuvalov and former Mayor Gavriil Popov both live in Skolkovo, a Moscow realtor said.

Members of the United Russia party and two officials in the presidential administration said there was a 90 percent chance that construction of the innovative city will be in the Moscow region, probably near Zelenograd: It's close to Sheremetyevo Airport, the new Moscow-St. Petersburg highway and the Moscow Institute of Electronic Technology.

Making Zelenograd a center for the Silicon Valley would be logical — the city was created as a center for innovative development, a source in Sistema said. The idea to build the center in Zelenograd, which has been lobbied by Yevtushenkov, was rejected, a Kremlin official said.

The Skolkovo option is advantageous from the location point of view, but there are no scientists there, an official taking part in the discussions said. Not only is the location important but so is who will lead the project. Chubais is charged with choosing a candidate, another source in the presidential administration said. "Otherwise it will be the Silicon Gulag."





This article has no comments.

Be the first to leave a comment


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook



Also in Business

Protest and Chaos Seen in Kudrin-Ordered Study

Continued protests in Russia will likely lead to a violent backlash or chaotic changes in the government, according to a new study ordered by former Finance Minister Alexei Kudrin from the same think tank that predicted the street protests months before they began.

Initiative Brings Khamatova Joy and Frustration

The Soviet maxim "initiative is punishable" is only half true for actress Chulpan Khamatova.

Medvedev Divides the Burden Amongst His Deputies

Prime Minister Dmitry Medvedev on Thursday allocated responsibilities between his deputies, saying solving all the issues on his own would be too great a burden.

Rotenberg Gets Road Contracts by Decree

Before leaving the Kremlin, former president and current Prime Minister Dmitry Medvedev gave Arkady Rotenberg's Mostotrest an extravagant gift of several tens of billions of rubles' worth of contracts for road construction in Moscow without competition.

Luxury Hotels Compete to Raise Service

In 2007-10, the Radisson Royal Hotel, Moscow (formerly the Hotel Ukraina) underwent a $300 million transformation from Soviet behemoth to internationally branded luxury hotel. Now the hotel is rebuilding its training system to bring customer service up to world-class levels, with a "Russian twist."

Mid-Level Ready to Take In Tourists

Tourism industry website TripAdvisor recently ranked Moscow fourth on its list of "15 destinations on the rise," and the Moscow government will invest $11 million into developing tourism in the city this year. The capital is also undergoing a massive beautification project to increase the total area of city parks fivefold in the next five years.



print


Comments

This article has no comments.

Be the first to leave a comment





Most Read
MarketGid