Indian and Chinese companies could become residents of a Moscow IT cluster

Large Indian and Chinese companies, working in the IT sector, could become residents of a new IT cluster – the Phystech XXI, being created in the north of Moscow, RIA Novosti learned from the press-service of the Morton Group of Companies, which is building the cluster.

Large Indian and Chinese companies, working in the IT sector, could become residents of a new IT cluster – the Phystech XXI, being created in the north of Moscow, RIA Novosti learned from the press-service of the Morton Group of Companies, which is building the cluster.

“The Phystechpark, an IT Technopark – designed and built in just 11 months by the Morton Company, using funds allocated by the Ministry of Communications of Russia and the Government of Moscow – has over 30,000 sq. m. of premises. The already constructed premises are now almost fully occupied by leading Russian IT companies, and promising domestic start-ups, while foreign companies have expressed keen interest in the next phase of our project,” said the news agency’s source.

He added that over the past month, his company completed a series of presentations of this project in India and China. More than a dozen companies from these countries have already expressed their willingness to consider Moscow’s new IT cluster, when it comes to selecting a place to build their headquarters.

According to the company, the total area of the Phystech XXI ​​International Scientific and Educational Cluster will eventually surpass 657,000 sq. m., and be located on ​​219 hectares of land. In addition to the already built IT Technopark, which takes up only 5% of the total area, the cluster will also include research, exhibition, education, and business platforms. By 2021, they plan to build a business park here with ​​217,000 sq. m. of premises, an innovation complex with 137,000 sq. m. of space, and a scientific and exhibition complex with 269,000 sq. m. of buildings. By this time, a landscaped nature park will be located nearby on an area of ​​120 hectares, and transport access will be provided.

First published in Russian by RIA Novosti.

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