Russian IT export to reach $12,5 bln by 2010

translator — Tue, 03 Jul 2007 21:51:12 +0400

Russian IT exports could reach $12,5 bln by 2010 if government supports developers with fiscal benefits, Russia's minister for information and communication Leonid Reiman beleives.

This figure only arrived at $1,5 bln in 2006. Without governmental initiative towards exporters the growth would be two times slower, according to Reiman. Developers insist that building technoparks and financing IT programs from federal budget is not enough to push exports. They look forward to tax remissions of which president Putin spoke in the beginning of 2005 still never happened.

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Russian IT export to reach $12,5 bln by 2010