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18:13, 22 October 2025
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Russia to Invest Over $33 Billion in Homegrown Tech Industries

The government’s multiyear plan aims to accelerate growth in robotics, microelectronics, and advanced manufacturing.

Russia has announced plans to allocate more than 2.5 trillion rubles (about $27 billion) to fund high-tech industries through 2028, with major investments directed toward microelectronics, robotics, and machine-tool production. Finance Minister Anton Siluanov said the spending, included in the federal budget for 2026–2028, is designed to secure the country’s technological independence and long-term economic growth.

“The main focus of the federal budget project is technological leadership,” Siluanov told lawmakers. “Every ruble invested in this area and in infrastructure should generate real economic growth for our country.”

The government has already launched seven national technology projects, spanning fields such as advanced materials, industrial chemistry, and unmanned aviation systems. Two more—“Space” and “Bioeconomy”—are set to begin in 2026.

Science meets business

Officials say the plan will help create new industrial sites, expand research centers, and modernize workforce training across the country. The initiative also encourages businesses to pivot toward innovation-driven production.

By 2030, Russia aims to increase investment in technology sectors to 2% of GDP.

“This requires a new model of scientific development,” Prime Minister Mikhail Mishustin said in an earlier address. “National projects should produce tangible, knowledge-intensive products, modern technologies, and solutions for the real economy. Our scientific foundations must evolve to create entirely new industries and markets in Russia.”

The investment marks one of the country’s most ambitious pushes yet to integrate science, industry, and state policy—a move officials hope will reduce reliance on foreign technologies and cement Russia’s role as a global tech producer.

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