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Russia to develop nanotechnology, Medvedev says
RBC, 15.02.2008, Moscow 12:59:46.Russia's total spending on existing nanotechnology programs exceeds RUB 220bn (approx. USD 8.93bn), First Deputy Prime Minister Dmitry Medvedev told an economic forum in Krasnoyarsk today. An additional RUB 130bn (approx. USD 5.28bn) was invested in the Russian State Corporation of Nanotechnologies (RCNT), a recently established state-owned company for the promotion of nanotechnology in the country, Medvedev stated. The Deputy PM also pointed out that, while the funds were to be allocated on a competitive basis, the preference would be given to Siberian companies.
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