Moscow will acquire its first industrial park. It will be established at Nizhniye Kotly under the Research Institute of Technical Physics and Automation.

The industrial park will have an area of eight hectares. Scientific research will be conducted in the natural and technical sciences, including nuclear medicine and radiation technology. They will also conduct technical monitoring, testing and analysis related to the production of instruments for measuring, testing and navigation.

Innovative production will also be developed at the park. Companies are currently working on radiotherapy technology, which will replace foreign technology. It is now being prepared for clinical trials. New and innovative equipment is being used (a 6 mega-electron volt accelerator and a cone-beam tomograph).

The laboratory building at the Nizniye Kotly Industrial Park will occupy an area of 52,100 square metres. Some 941 million roubles will be invested in modernisation. The production facility area will be about 22,400 square metres, and technical modernisation investment will total 1.2 billion roubles.

As Director of the City Investment Management Agency Leonid Kostroma reported, a special investment contract will be concluded with the industrial park’s managing company for ten years. This contact is an instrument of industrial policy, which represents an agreement between an investor and a public partner. It legally binds the project initiator to economic and property commitments. The contract provides for the stability of tax benefits and other support measures. Under the contract the investor will have to return all benefits and pay fines if it does not fulfil its commitments.

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