RDIF Launches US$8.39 billion Infrastructure Investment Fund
Russia’s State Owned Russian Direct Investment Fund (RDIF) is launching an infrastructure fund with available finance to 600 billion rubles (US$8.39 billion), RDIF CEO Kirill Dmitriev said on Wednesday.
“This fund will assist the implementation of many low-gain projects thanks to funding their infrastructure, but private investors will provide a major portion of the money. RDIF partners plan to continue active investment into the Russian economy despite the external turbulence. They see that we have unique macroeconomic conditions and a very low debt level, compared to the global debt level. Investors confirm their desire to invest, and they see that Russia has overcome many tough situations previously and will overcome this situation as well.” Dmitriev concluded.
RDIF was established to make equity co-investments, primarily in Russia, alongside international strategic and financial investors. Since 2011, it has successfully implemented more than 80 projects totaling more than 1.7 trillion rubles. These include joint funds with China and India, with many linked to the Belt & Road Initiative programme.
Related Reading
- Russia, China To Set Up US$1 Billion Greater Bay Area Fund
- Russia, China, Launch ‘China-Russia Regional RMB Fund’ For Far East Russia & North-East China Projects
About Us
During these uncertain times and with sanctions in place, our firm helps Russian companies relocate to Asia. We also provide financial and sanctions compliance services to foreign companies operating in Russia. Additionally, we offer market research and advisory services to foreign exporters interested in doing business in Russia as the economy looks to replace Western-sourced products. For assistance please email russia@dezshira.com or visit www.dezshira.com
