OAO “Special Economic Zone “Innopolis” registered

12 March 2013, Tuesday

OAO “SEZ “Innopolis” was founded on March 1, 2013. The founders are OAO “Special Economic Zones” and Tatarstan Government.

In September 2012, Tatarstan Ministry of Information and Communication sent request to Russian Ministry of Economic Development about creation of a special economic zone in Tatarstan on the territory of Innopolis city under construction. On November 1, 2012 Russian Prime Minister Dmitry Medvedev signed an order about establishment of SEZ “Innopolis”.

Main specialization of the Special Economic Zone is information technologies. It will be located in two places – Verkhny Uslon and Laishevo regions. 15 bln rubles will be allocated for foundation of the SEZ. Its area will make 192 hectares. Land plots on a long-term preferential rental basis will be provided for residents. Besides, residents will be exempted from property tax for 10 years. SEZ will have free custom zone.

To the point, the Innopolis city will occupy the area of 1200 hectares in Verkhny Uslon region. Master plan developed by RSP Architects Planners&Engineers (Singapore) implies that 155 thousand people including 60 thousand IT specialists will live on its territory. First construction stage is to be finished in 2014-2015. By that time technopark, university, accommodation, social and commercial infrastructure, engineering and communal facilities will have been constructed.
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