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:

Rosneft Doubled Its Profit
27.02.2017
Sollers Industrial Group Will Resume the Assembly Of Ssang Yong Cars In Russia
15.09.2016
Central Bank & Finance Ministry Discussed Coop
24.04.2016
Aeroflot Received an Award For Innovative Projects
27.12.2016
Sberbank Continues Cooperating With Ingrad Group
29.12.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
inflation  Russian Literature  Russian Folk Art  Painting  Mariinsky theatre  corruption  Mercedes-Benz Fashion Week Russia  poverty  Sergey Ignatiev  Archeology  Copies of Paintings  Russian history  Nizhni Tagil  Russian opposition leaders  Evgeny Pluschenko  Russian business  New Year holidays  Aeroflot  Russian airlines  Moscow Kremlin   crisis  Parking  Moscow  Photography  Pavlov Posad  Vandalism  Marussia Motors  Sergey Bezrukov  the Bolshoi Theatre  Penza  odd news  Russian Cinema  Vologda  environment  Russia  Russian officials  Twinhall  Komi   St. Matrona of Moscow  Kuragino  Russian airports  Romanovs  Communist Party  Russian Glazed Tiles  Russian tourism  Eurovision  Vagit Alekperov  Exhibitions in Moscow  Yuri Gagarin  Urals brand 


Travel Blogs
Top Traveling Sites