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Aa SKOLKOVO

facilities are designed to attract the best minds of science in Moscow, but warns investors to beware

Russia is planning a new revolution. Moscow has pinned its future on the transformation of 400 hectares (1.5 square miles) of permanent farmland 20 miles west of the Kremlin in a base camp for the next generation of Mark Zuckerbergs.

In 2015 these areas will become a desolate city of 35,000 with some of the research centers the most advanced in the world, if you believe that the plans of the Kremlin. This is Silikonnovaya Dolina. Silicon Valley in Russia

not a utopia, according to promotional materials given to British scientists, entrepreneurs and investors last week as part of an overall mission to stimulate interest in the Innovation Centre Skolkovo The preferred project President Dmitry Medvedev.

"We expect to continue to explore the moon and planets," said a brochure to promote Skolkovo Space Center, provided one of five "clusters" with him, biomedical science, the energy efficiency and nuclear technology.

Investors are promised tax cuts on corporate and personal. And the chance to meet Anna Chapman, the former spy and model underwear, which was given the task of attracting young talent to Skolkovo

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Sergey Zhukov

, a cosmonaut who oversaw research in astrophysics and radiobiology aboard the Mir space station and now heads the cluster space, said that "not only allow thousands of people achieve their dreams of spaceflight. not contribute to accelerate the technological development of humanity. "

Space is a key element in Skolkovo, which is the goal of transforming ideas and achievements of Russian scientists in cash. While Russia is responsible for 40% of the space launches worldwide, is far behind the ability of NASA to make money. Production by the Russian space industry employee is now $ 14,800 (£ 9.348) per year, less than 33 times higher than in the U.S..

The center, which led to Sir Richard Branson on board, plans to launch a series of new satellites and a "new generation of carrier rockets to ensure low cost space transportation."

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But now there is nothing, if Viktor Vekselberg, the oligarch to implement the project, he told potential investors that the foundation started and the project is completed on time.

oligarch, who made his billions in natural resources and has a stake in TNK-BP, the oil company owned by BP, told investors and British scientists at the Institute of Directors (IoD) in London last week that the project was part of an attempt by Russia to diversify beyond natural resources. "The time has come for the economy to a new area, one that no longer depend on natural resources," he said. History

history of the Russian state to intervene in international affairs is likely to be the biggest obstacle in the development of Skolkovo. British hedge fund Hermitage was expelled and his lawyer Sergei Magnitsky died in prison after finding a $ 230 million fraud alleged by the police and tax officials.
Denis MacShane, Labour MP for Rotherham, wrote to Mr. Green, Minister of Commerce and former chairman of HSBC, the UK Trade & Investment to criticize, advise the government on export conclusion conference, and warned of the dangers of legitimizing "a regime that is plagued by crime and corruption."

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