Supervision Council of Special Economic Zone “Innopolis” established

In accordance with the Order of Russian Ministry of Economic Development №58 dated February 12, 2014, the membership of Supervision Council of Special Economic Zone “Innopolis” was approved.

The Supervision Council is being established to coordinate activity of authorities and business units on development of the economic zone, expenditure of budget funds allocated for site improvement, and consideration and approval of prospects of the special economic zone. Moreover, the Supervision Council considers applications and business plans of potential residents and recommends them for further consideration.

The Supervision Council is formed of representatives of regional, federal authorities, experts from IT and investment sectors.

The first session of the Supervision Council is to be held in March 2014.