The Hebrew University of Jerusalem intends to invest $40 million in a new center for nanoscience and nanotechnology research. The center will operate under the leadership of three researchers: Professors Uri Banin of the Institute of Chemistry, Oded Millo of the Racah Institute of Physics, and Amir Sa'ar of the Fredy and Nadine Hermann Graduate School of Applied Science.

Construction of the facility, where ground was broken today, will take three years. Its faculty will be composed of 15 scientists from different departments of the University's Faculty of Science and it will house state-of-the-art equipment for research in the field.

"The Hebrew University intends to establish the Center for Nanoscience and Nanotechnology as part of the Faculty of Science and the School of Engineering and Computer Science that is slated to open in three years. Its establishment will allow us to bring together all of the researchers scattered around the campus who deal with nanotechnology," University President Menachem Magidor said.

"The Hebrew University of Jerusalem decided to establish the Center for Nanoscience and Nanotechnology after comprehending the great importance of the field, which has the potential to revolutionize technology in the 21st century. The center will have the appropriate conditions for sharing knowledge, expertise and research methods between researchers from different disciplines," Prof. Uri Banin said.

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"The Center for Nanoscience and Nanotechnology will be a dynamic focal point which will attract the developing technological industries of the future to Jerusalem and Israel. The university's vision is to turn these students into the future leadership in elite technological research and industry in Israel, and to turn Israel into an international leader in the nanotechnology industry," according to Prof. Magidor.