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:

Burger King Issued Voppercoin
31.08.2017
Sberbank Issued 10 Million MIR Cards
15.09.2017
VIII Financial Sphere Awards
10.04.2018
Sberbank Business Online For iOS Is Now Accessible To Visually Impaired People
29.08.2017
Petr Fradkov will Head the Updated Promsvyazbank
23.01.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Russian Literature  Exhibitions in Moscow  monument to sunken battleships   Skype  Installations  Lipetsk Region  Yemelyan Pugachyov  Russian tourism  Museums of Russia  Russian poet  Russian history  Comics  Patriarshiy Garden  Igor Maslennikov  Bard Song  Archeology  Mercedes-Benz Fashion Week Russia  Soviet  Russian banks  Russia 360  Moscow Architecture  Volvo Fashion Week  Film Distribution  Concerts in Saint Petersburg  Russian science  tour  Russian New Year  Arts and Crafts  Meteoric Expedition  Romanovs  Russian football  Miners  Olga Borodina  Science  Russian business  Painting  Far East  FIFA  MTS   Russian schools  ecology  Novgorod Region  Furnaces  biofuel  Russian Cinema  Gennady Rozhdestvensky  Siberia  Boris Yukhananov  New Medicines  Moscow 


Travel Blogs
Top Traveling Sites