Kudrin sees foreign direct invest in Russia at pre-crisis level soon
MOSCOW, Feb 3 (PRIME-TASS) -- The amount of foreign direct investment in Russia is projected to reach the pre-crisis level of U.S. $60 billion–$70 billion within two to three years, Deputy Prime Minister and Finance Minister Alexei Kudrin said at a forum Wednesday.
“I’m sure that we will start recovering the level of foreign direct investments that was reached before the crisis, and the amount of foreign direct investments will reach $60 billion–$70 billion in the coming two–three years,” he said.
The amount of foreign direct investments in Russia was estimated at $70 billion before the crisis and fell to $30 billion as the crisis hit the Russian economy, Kudrin said. Despite the decrease in foreign direct investment, many companies have kept their investments in Russian projects, Kudrin also said.
Russia still remains attractive for foreign investments, Kudrin also said.
Speaking about the government’s developing policy to support the investment climate, Kudrin said that the government will continue attracting foreign investments. “We will be attracting foreign investments and will create a favorable regime for them, especially for those who will be able to bring new technologies,” Kudrin said.
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03.02.2010 12:17
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