Renault To Establish Development Center For Next Generation Smart Systems In Moscow

Renault to Establish Development Center for Next Generation Smart Systems in Moscow

Mayor of Moscow Sergei Sobyanin and Renault Russia Director General Andrey Pankov on Thursday signed a cooperation agreement, which envisages the creation of a center in the Russian capital for the development of intelligent systems

MOSCOW (Pakistan Point News / Sputnik - 14th February, 2019) Mayor of Moscow Sergei Sobyanin and Renault Russia Director General Andrey Pankov on Thursday signed a cooperation agreement, which envisages the creation of a center in the Russian capital for the development of intelligent systems.

The signing ceremony was held in the presence of Prime Minister Dmitry Medvedev at the Russian Investment Forum.

"The Primary task of the center will be to develop next generation intelligent systems that combine transport infrastructure and urban services," materials of the Moscow Mayor's Office prepared for the signing ceremony read.

Renault Russia is planning to invest at least 350 million rubles ($5.3 million) in the project. The duration of the agreement is five years.

The Russian Investment Forum is taking place on February 14-15 in the resort city of Sochi. Rossiya Segodnya International Information Agency is an official information partner of the event.