IT Industry
Feb 13, 2013
The North-West Nanotech Center, touted as another Russian analog of Silicon Valley, is being built in Gatchina, in the Leningrad region some 50 kilometers south-west of St. Petersburg, SmartNews reports. Of a total reported $40m price tag, Rusnano InfraFund, a fund set up by Russia’s nanotech giant, Rusnano, to finance infrastructure projects, and the Leningrad region are said to have jointly co-invested the lion’s share (about $35m).