On May 28, a delegation from the Qatar Development Bank visited SEZ Technopolis Moscow. Representatives of the financial community got acquainted with the business processes of the special economic zone of the capital, the conditions for localization of foreign companies on its territory and visited the resident companies as informed by Emil Petrosyan, Deputy Head of the Department for Investment and Industrial policy of Moscow.

“The Moscow economy offers foreign investors a capacious and fast-growing market, so today the capital accounts for about 50% of all direct foreign investments in Russia. Moscow has a mechanism for supporting enterprises and new investment projects in the real sector of the economy, as well as actively developing interaction with business through public-private partnerships. For example, companies can enter into offset contracts with the city, ensuring demand guarantees of from the state and commitments to invest in production from business. Five offsets have already been concluded in Moscow, of which three are with companies that are residents of the SEZ and will establish the production of drugs and medical devices. They will invest over $ 140 million in their production”, said Emil Petrosyan.

Along with the enterprises of the medical cluster, high-tech industries in microelectronics, optics, robotics, modern materials and nanotechnology are represented in the special economic zone of the capital. Almost 70% of residents are in the electronics and high technology sectors. An ecosystem created at five sites of the SEZ is equally comfortable for both Russian and foreign investors.

“The status of a resident of SEZ Technopolis Moscow allows enterprises to save on taxes and other obligatory payments every year. Preferences that companies receive open access to duty-free imports, a zero property and transport tax rate, and a preferential profit rate”, stated Gennady Degtev, CEO of SEZ Technopolis Moscow.

Representatives of Qatar Development Bank talked with the heads of several high-tech companies operating on the territory of the special economic zone. Among them are the manufacturer of industrial robots, Bitrobotics, the creator of robotic complexes and special-purpose systems SKTB PR, the developer of IT systems in the electric power industry, Digital Solutions Studio, the manufacturer of inspection equipment and security systems, Diagnostika-M, the developer optical equipment Neoros. The visit of the Qatari delegation ended with an tour on the territory of the special economic zone of the capital and a visit to a number of operating industries.

The Qatar Development Bank (QDB), formerly known as the Qatar Industrial Development Bank, offers financial and banking services and loans for industrial development, tourism, education, healthcare, agriculture, livestock and fisheries. It was established in 1997 with the aim of diversifying Qatar's economy by promoting development projects. QDB is based in Doha, Qatar. The bank has 270 employees and annual sales revenue in 2018 was $ 41.37 million. There are 445 companies in the QATAR DEVELOPMENT BANK corporation. 

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