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Home > News > Chubais Says Rusnano Making Progress

April 5th, 2009

Chubais Says Rusnano Making Progress

Abstract:
Russia is making a good progress toward the "dizzying" prospect of becoming a global nanotechnology leader despite the economic downturn, Anatoly Chubais, head of the State Nanotechnology Corporation, said Friday.

An Irkutsk region company supported by the state corporation has already begun making a nanotechnology-based product used in the solar energy industry, competing with international rivals, Chubais said in a meeting with Prime Minister Vladimir Putin to sum his company's work in the recent months.

The government expects that Russia will capture 3 percent of the global nanotechnology market by 2015 and has set aside at least 130 billion rubles ($3.9 billion) for the state corporation, also known as Rusnano, to invest. The corporation was established in July 2007, and Chubais, the former head of the state electricity monopoly, was named its director in September 2008.

The three sectors where Rusnano will apply most focus will be solar energy; materials for the building, aerospace and other industries; and medical equipment.

Source:
themoscowtimes.com

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