The Skolkovo Foundation and the Olympic Committee of Russia have signed a partnership agreement that provides for the construction of a 50,000 sq. m. sports research and development facility on the territory of the Skolkovo Innovation Center.

An artist's impression of the Olympic Technopark at Skolkovo by 2018. Photo: Olympic Committee of Russia

The agreement, inked at the Hypercube on Friday by Skolkovo Foundation president Victor Vekselberg and Olympic committee president Alexander Zhukov, sets out a road map for the planning and construction of the center, which is to open the same year as Russia hosts football’s World Cup.

"I think that after the spectacular victory of the Russian team at the Winter Games in Sochi a year ago, we see huge, huge sporting potential in Russia today," said Vekselberg in opening remarks.

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