Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia and China Created $ 4bln Investment Fund
11.10.2011 17:20
Russia and China Created $ 4bln Investment Fund

Russian fund of direct investments (RFDI) and the world’s largest state investment company “China Investment Corporation” (CIC) has signed a contract on creation of joint fund of 4 billion dollars.

      
According to the memorandum, at the first stage both RFDI and CIC should transfer one billion USD into the capital. The rest of the sum should be attracted from private investors in China.   

      
Most of the assets (70%) belonging to the new organization will be invested in Russia and CIS projects, and only 30% in China.

      
The fund will become the largest one on direct investment in Russia. It will also become the first investment project for CIC in the developing-counties market.

      

www.rg.ru


Author: Irina Fomina

Tags: Russian business invest    

Next Previous


You might also find interesting:

Bank of Russia Reduced the Share of Dollar Turnover in International Reserves
27.01.2019
The Most Demanded Specialists in Russia
20.05.2019
The Russian Government is Going to Continue Privatization of State Companies
23.12.2018
Cryptocurrency was Recognizedas as One of the Ways of Laundering Illegal Income
25.03.2019
The Moscow Authorities Plan to Simplify the Process of Entry of Businesses Into the Innovation Cluster
24.02.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Mercedes-Benz Fashion Week Russia  St. Petersburg  Speed Skating  Leonid Pasternak  Pussy Riot case  Posters  Russian business  Russian Cinema  Evgeny Plyushchenko  Cancer  astronomy in Russia  Floating University  Awards  Tver  Central Bank  Moscow police  New Films  Omsk  travel to Russia  Moscow  Winzavod  Republic of Altai  Museums of Russia  tourism  business  Moscow Zoo  Russian tourism  Moscow-Manchester flights  Exhibitions in Moscow  migrants  Resources  Russian regions  Russian elderly  Russia's image  Maxim Amelin  Contemporary Arts  Skopin Ceramis  Vologda Regions  Fine Arts  Pablo Picasso  Sakhalin  Golden Horde coins  Festivals in Moscow  Altai  Books  Russian politicians  Pavel Durov  Alexey Navalny  BMW  Russian Stage Directors 


Travel Blogs
Top Traveling Sites