Medvedev signed a decree on establishment of special economic zone in Friazino


MOSCOW, January 9. Prime Minister Dmitry Medvedev signed a decree on establishment of special economic zone (SEZ) of technical innovation type “Istok” in Fryazino near Moscow. The Saturday document was published on the website of the Cabinet.

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“In order to ensure the conditions for research, creation of prototypes, production of high-tech products in accordance with the priority directions of scientific-technical and innovative activity in the city of Fryazino of Moscow oblast a special economic zone of technical innovation type “Source”. This will contribute to the development and modernization of the military-industrial complex, machine building, aerospace industry and other industries,” notes in the reference document.

SEZ a “Source” will be located on the basis of JSC “Scientific-production enterprise “Istok” named after A. I. Shokin”. The infrastructure will be funded exclusively from extrabudgetary sources.

“Currently, 10 companies – potential residents of SEZ “Source” confirmed the readiness to implement investment projects with a total investment of not less than 48.5 billion rubles,” – noted in the government.