Mr. Medvedev’s Presidency marked the true start of the “investment phase” of Russia’s history. While hard-to-resolve legacy problems have slowed progress and investment continues to be heavily concentrated in oil, gas and natural resources, President Medvedev is pressing ahead with a modernization agenda, with emphasis on strategic industries and infrastructure development. GDP for 2011 is expected to be about 3.5% higher than in 2008.
To read the full version of this article, please purchase this issue in the Asia Briefing Bookstore. For more information on investment in Russia, please visit www.russia-briefing.com/news. To read the full version of this article, please purchase this issue in the Asia Briefing Bookstore. Companies requiring assistance may contact Ulf Schneider of RUSSIA BRIEFING at SchneiderU@russia-consulting.eu.
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