Microelectronics manufacturers in the Technopolis Moscow SEZ have created over 10,000 jobs

Since its inception, microelectronics manufacturers in the Technopolis Moscow SEZ have created over 10,000 new high-tech jobs, according to Maxim Liksutov, Deputy Moscow Mayor for Transport and Industry.

"On the instructions of Sergei Sobyanin, the city supports strategically important industries in the Russian Federation. To this end, a microelectronics and photonics cluster has been established within the Technopolis Moscow SEZ. These companies manufacture unique products: microchips, optoelectronic devices, various electronic components, smart cards, RFID tags, and other high-tech products. Since their inception, microelectronics companies have created over 10,000 new jobs in the Moscow SEZ," Liksutov said.

About 5,500 people are employed in manufacturing facilities specializing in microchips, as well as security systems based on AI, computer vision, and biometric identification technologies.

Earlier, Moscow Mayor Sergei Sobyanin opened a photonic integrated circuit (PIC) production facility in the Technopolis Moscow SEZ.

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The Technopolis Moscow SEZ is a territory with a special tax regime, offering a wide range of incentives for investors in high-tech businesses. Companies with SEZ resident status are exempt from property, transport, and land taxes for 10 years. Their corporate income tax rate is reduced by 12.5 times, to two percent.