Russian authorities are describing the country’s economic downturn and Western sanctions against it as opportunities to reduce its reliance on energy exports by developing domestic, innovative industries. To spur the growth of high-tech industries, one technology park developed by Moscow city authorities is attracting Western companies that have their eyes on the Russian market.
The Moscow city government converted a defunct, Soviet-era car factory into Technopolis, a technology park attracting many high-tech companies that want to get a foothold in the Russian market.
Technopolis CEO Igor Ischenko said foreign companies are lining up to invest.
“That’s not, to be honest, not …read more
Source: Voice of America
