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Russian government to allocate 4.3 billion roubles in subsidies for techno parks

Subsidies to reimburse expenses on infrastructures of industrial or techno parks, except techno parks in the sphere of high technologies

MOSCOW, January 23. /TASS/. Russia’s Prime Minister Dmitry Medvedev signed an order, under which the government will offer subsidies to reimburse expenses on infrastructures of industrial and techno parks, the government’s website reported on Saturday.

"In 2016, subsidies to reimburse expenses on infrastructures of industrial or techno parks, except techno parks in the sphere of high technologies, will make 4,348,300 roubles (about $55,600)," the website reads.

The subsidies will reimburse expenses of regions on organisation, modernisation, reconstruction of housing, technology and transport infrastructures, as well as buildings for residents of the techno parks, with the exception for techno parks in the sphere of high technologies.