Minister: Producers have 10% of foreign IT solutions to replace

MOSCOW, Oct 26 (PRIME) -- Russian producers have 10% of the IT solutions earlier provided by foreign developers to replace, Digital Development Minister Maksut Shadayev said on Thursday at a forum.

“On the whole, we have a strong need in 10% of the solutions supplied by foreign producers, part of them is already being worked on, grants were provided. By the way, I am very proud that we had a very high conversion, we signed three to four-year contracts with the customers,” Shadayev said.

State support amounted to slightly more than 20 billion rubles, and investment promised by the companies exceeds 200 billion rubles.

“It’s a high coefficient – one to nine, one to ten per one budget ruble – the companies invest their money actively,” the minister said.

(93.1507 rubles – U.S. $1)

End