15 Feb 2010 14:02

Prospective location of Russian

MOSCOW. Feb 15 (Interfax) - The prospective location of Russia's 'Silicon Valley' will be chosen by the end of 2010, probably, by the end of the first half of the year, Rosnano State Corporation head Anatoly Chubais said.

Rosnano is the main contractor in this project.

"Most probably, we will choose a site near Moscow or go further afield," Chubais said.

The project may yield first results within five years, he said. "We have an action plan for one year and a five-year concept, a strictly preliminary one. We want very much to attain the first results within five years," Chubais said.

There is a list of possible locations but it still may be broadened, he said.