TENANTS OF SEZ TECHNOPOLIS MOSCOW HAVE INCREASED INVESTMENTS IN MOSCOW ECONOMY DEVELOPMENT BY 7%

The volume of investments in the development of the production made by resident companies  of the special economic zone Technopolis Moscow last year amounted to almost 6.6 billion rubles, which is 7 percent more compared to 2018, said Vladimir Efimov, Deputy Mayor of Moscow for economic policy and property and land relations.

“Most companies invested in microelectronics and information and communication technologies, the total amount of their investments amounted to more than 4.1 bn RUR. At the same time, the revenue of residents of the capital's special economic zone last year also increased and amounted to more than 22 bn RUR, which is 11 percent more than in 2018”, replied Vice-Mayor.

The conditions that the special economic zone Technopolis Moscow offers are attracting more and more technology-innovative and industrial production enterprises. We are talking about preferences in the tax regime, allowing to reduce the burden to 47% per year, as well as free connection to the grid and a free customs zone.  “Resident status of the Technopolis Moscow in 2019 was received by 24 companies - three times more than a year earlier”, shared Alexander Prokhorov, Head of the Department of investment and industrial policy of Moscow.

The company, which decided to localize production on the territory of Technopolis Moscow, can choose ready-to-use brownfield production facilities or build its own factory on the greenfield sites located in Zelenograd. “Last year, the vast majority of new residents joined the clusters of microelectronics, IT and medicine. The localization of new industries contributes to the attraction of personnel. In 2018, 338 jobs were created, in 2019 - 791 new jobs”, clarified Gennady Degtev, CEO of SEZ Technopolis Moscow.