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.

Author: Irina Fomina

Tags: Russian business invest    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Golden Dolphin  Arts  Russian television  Irek Zaripov  Resources  Russian Steel Producers  Documentary Film Festival "Russia"  Krasnodar  Russian economy  Moscow-City  Ukraine crisis  Volgograd  Rostov-on-Don  Russian science  Tretyakov Gallery  Yury Kosagovsky  Russian mobile operators  Unemployment  Starocherkasskaya stanitsa  Russian sports  Women's Tennis Association  Karl Bryullov  Parking  Earthquakes  Russian tourism  Russian actors  Concerts in Saint Petersburg  Russian scientists  Russian directors  NTV TV Channel  Russian Film Directors  Ukraine  Russian Cinema  Mercedes-Benz Fashion Week Russia  Koryakia  Old Samara  Museums of Russia  Video Games  Exhibitions in Moscow  Russian business  Elton  Chelyabinsk meteorite  Moscow  Zvenigorod Private Tour  Russian oil companies  Eldorado  St. Petersburg  Awards  physics  Maria Sharapova 

Travel Blogs
Top Traveling Sites