Yakutia designs ?black cube? for Far East high-tech surge

Yakutia, a large region in Russia?s Far East, has approved an architectural design for its first IT Park, a project to help foster IT, nano-, bio- and cryotechnologies

Authorities in the Republic of Sakha, a large region in Russia?s Far East also known as Yakutia, have approved an architectural design for the area?s first IT Park, a construction project initially announced a year ago with a 2015 deadline. The project will take the form of a large black 12-story cube with a winter garden, East-West Digital News, the first all English-language online resource dedicated to Russian digital industries, reported last week, citing a source in the Sakha Government. Now slated for completion in early 2016, the park will be located in Yakutsk, the region?s capital, and is expected to deplete regional coffers by an estimated $23m. In addition to facilitating IT development as its core activity, the future facility will also accommodate regional innovation companies working in the fields of biotechnology, nanotechnology and cryotechnology. Responsible for project design and the search for residents is the Yakutia Techno-park, the region?s original government-owned techno-park set up in late 2011 as a combination of business incubator, proof-of-concept center and early-stage accelerator...