Russia, The Next Silicon Valley?

 

Kenneth Rapoza

Forbes

 

Some time in the near future, Russia will no longer be known as a country whose growth depends on natural gas development. The future Russia is a tech powerhouse rivaling the brain trust and talents of Silicon Valley, says the country’s presidential aide Arkady Dvorkovich during the APEC Summit in Honolulu this weekend.

 

Dvorkovich told the Russian press that Google (GOOG) chairman Eric Schmidt had said during his speech at the summit that Russia was posed to become a qualified labor and Intellectual hub for international IT companies.