- Breaking News Three hurt in Rodeo gas explosion
- Breaking News Anne Marie Fuller:
- Breaking News Salwan: Swine flu: The saga continues
- Breaking News Food and wine events
Putin vows 24 billion dollars for Russian hi-tech: report
0 Comments | AFP, August, 2008
MOSCOW (AFP) — Russia is to invest 600 billion rubles (24.6 billion dollars, 16.7 billion euros) in hi-tech industries over two years, Prime Minister Vladimir Putin said Wednesday.
"We have never put this kind of money into this area," Putin was quoted as saying by the Interfax news agency.
"Between 2008 and 2010 we expect to assign 600 billion rubles to various state hi-tech programs," he told the meeting.
Putin has said investment in the technology sector is key to Russia's efforts to wean itself off dependence on the export of natural resources, such as oil, gas and metals, whose prices can fluctuate wildly.
© 2008 AFP
Premium Content Partnership |
MyWire provides an in-depth online archive library of reference works.
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Portfolio forecasting tools: what you need to know
- Kemarie McMinn Named Executive Vice President of Halo Debt Solutions, Inc.
- Halo Debt Solutions, Inc. Supports Push Toward Industry Regulation
- Traction Named #1 Interactive Agency for 2009 by BtoB Magazine
- Halo Debt Solutions, Inc. Gives Debt Settlement a Face-Lift
- Banking technology, technological learning and competition: comparative case studies in Thai banking
- Empirically assessing the impact of BPR on banking firms