Russian hi-tech is growing faster than the economy

The Minister for IT and Communications Leonid Reiman believes that from 2000 the Russian information and communications technology (ICT) sector has been growing four times faster than the Russian economy. He made this declaration at the Fourth Baikal Economic Forum in Irkutsk. The Minister also remarked that in 2005 ICT accounted for 5% of the country’s GDP. Here, Russia has something to aim for, as in developed countries this figure is around the 10% mark.