Central regions | Finance, business

Chinese consider investing in Russian science

9 Apr '18
Tus-Holdings, a Chinese company, is considering setting up a $1bn venture fund in Russia to finance joint research projects.

At stage one, the Chinese partner is expected to allocate $150m for the fund, with the rest to come at later stages.

In another initiative, Tus-Holdings and the Skolkovo Foundation have reached an agreement over the setup of a new Russo-Chinese center for advanced technologies on the premises of the Skolkovo Innovation Center in Moscow. Tus-Holdings is reportedly expected to invest $50m in the new center. The Russian partner will provide infrastructure to accommodate high-tech Chinese companies and will help liaise between those companies and Russian research institutes.

Tus-Holdings is focused on the creation and management of scientific parks, business incubators and tech clusters.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Moscow

Tags: venture fund (38) / Skolkovo Foundation (28) / center for advanced technologies (0) / Tus Holdings (0) /

Latest News: Central regions
15 Oct '18 | Transport, logistics | Finance, business
11 Oct '18 | Technology & innovation | Finance, business
10 Oct '18 | Technology & innovation | Finance, business
5 Oct '18 | Technology & innovation | Finance, business
 

Feature stories

27 Aug '18
7 Jun '18
Russian scientists have come up with a new method of...
3 Apr '18
In regions most of European Russians will hardly ever...
Search (News archive - 21280)
Advertising
RB_Partners_Report
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

15 Oct '18
InSize, a Russian company, has developed and is...
11 Oct '18
Russia is stepping up support for developers of IT...
10 Oct '18
Primer Capital, a Russian venture fund, has invested...

Most read stories from last week

15 Oct '18
InSize, a Russian company, has developed and is...