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11:27 GMT +3 hours22 December 2014
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Russia could sell nano products worth $29 bln by 2015

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The head of the Russian nanotechnology corporation expressed confidence on Wednesday that the country could sell 900 billion rubles ($29 bln) worth of products by 2015.

The head of the Russian nanotechnology corporation expressed confidence on Wednesday that the country could sell 900 billion rubles ($29 bln) worth of products by 2015.

Anatoly Chubais said the goal is achievable, considering the production of nanocomposites, LEDs, solar energy, electronics, and medicine.

Earlier reports said the Rusnano corporation had approved 61 projects, and had received 1,356 investment applications from April 1, 2008 through December 22, 2009.

"Speaking about polycrystal and its production, I am sure Russia will return to the global polycrystal market by late 2010," Chubais said.

He added that making Russian a key player on the global solar power market was another priority.

Chubais said Rusnano would borrow from 30 billion rubles to 50 billion rubles ($981 mln-$1.6 bln) next year.

MOSCOW, December 23 (RIA Novosti)