The Ministry for Communications will deposit 3B RUB in authorized share capit

In 2013 The Ministry for Communications will deposit 3B RUB in authorised share capital of JSC “Innopolis”, which carries out building activity of IT-center of the same name in suburb of Kazan. June, 27 the Prime Minister Dmitry Medvedev signed the corresponding regulation.

In 2013 The Ministry for Communications will deposit 3B RUB in authorised share capital of JSC “Innopolis”, which carries out building activity of IT-center of the same name in suburb of Kazan. June, 27 the Prime Minister Dmitry Medvedev signed the corresponding regulation, - reported Statutory Governmental web portal of legal information on Monday.

Town Innopolis is built 40 kilometers far from Kazan. It is planned that tens of thousands of experts in the area of IT will live there. One year ago, in June 2012, Dmitry Medvedev together with Chief of Tatarstan Rustam Minnikhanov laid the first stone in the foundation of this science town.

It is said in the regulation: “The proposal of the Republic of Tatarstan president should be accepted to the effect that the territorially detached innovative center “Innopolis” is established in a village Innopolis in Verhneuslonsky district of Republic of Tatarstan of Ministry for Communications: deposit federal funds to the extent of 3B RUB in authorized share capital of Joint Stock Company “Innopolis” (the Republic of Tatarstan, Kazan)”.

Funds will be allocated in conformity with the law “Concerning the Federal Budget for 2013 and the scheduling period 2014-2015” with a view to financial support of innovative center “Innopolis” construction project for 2013-2015, said in the document.