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HK, Russia institutes launch 5-year joint project

10 June 2010 20:28 (UTC +04:00)

Baku-APA. The University of Science and Technology (HKUST) and the UC RUSAL, the world’s largest aluminium producer, announced here Thursday the launch of a five-year joint project aimed at strengthening scientific and educational ties between Russia and China’s Hong Kong, APA reports quoting news.xinhuanet.com website.

The project will foster joint scientific research, addressing pressing environmental issues and promoting cooperation between young scientists from the two regions. The total sponsorship budget of the project provided by UC RUSAL is 1.5 million U.S. dollars.

The joint project will be implemented during the academic years 2010/11 to 2014/15 in which a President’s Forum will be established where international politicians, businessmen, scholars and scientists will give a series of lectures, sharing their success stories and solutions for global challenges.

An exchange award and scholarship program will also be set up to provide undergraduates and postgraduates from Russia and Hong Kong the opportunity to experience each others’ higher education system.

Besides, the project will fund a three-year research program to develop a large-scale pre-insulated fiber reinforced aluminium envelope and roof system, using aluminium composite as an energy- saving and environmentally friendly material.

According to information given by the HKUST, UC RUSAL is the world’s largest producer of aluminium, in 2009 accounting for approximately 10 percent and 10 percent of global production of aluminium and alumina, respectively.