New Russian-Turkish Fund to invest $400m in Russia’s construction projects
The head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, said that the first investment of a newly established joint Russian-Turkish Investment Fund would be the allocation of $200 million to the construction sector in Russia, TV channel Russia 24 reports on Friday.
Yurt camp to be built in Kazakhstan for $2,8 million
LLP Baiterek Travel Center is planning to build a resort Yurt camp under the name of “Koksai” in the Zhambyl region of Kazakhstan, the source in the regional chamber of entrepreneurs told Interfax news agency on Friday.
Volkswagen and Tata Motors agree to work together in India
Chairman of the Board of Volkswagen, Matthias Mueller, and CEO of Tata Motors, Guenter Butschek, signed a protocol of intentions over a joint development of automotive components and vehicles in India and abroad, Volkswagen reports.
Russia suspends pipeline supplies of diesel fuel to Ukraine
Supplies of Russian diesel fuel through pipeline to Ukraine have been suspended for a month, because the Federal Service for Technical and Export Control does not issue required documentation, the Interfax news agency’s sources in the industry said.
Pradera Fund buys 25 retail parks in Europe for €900 million
Pradera Fund, one of Europe’s leading specialist retail property fund and asset managers, intends to invest €900 million in the purchase of 25 retail parks with a total area of 538,000 square meters in Europe, the press release by JLL, the transaction’s consultant, reads.
Moscow search for contractor to build running tunnels
JSC Mosinzhproekt has announced a tender for construction of running tunnels, station complexes and structures near the tunnels of the southern section of the Third Interchange Circuit of Moscow metro.
106,000 sqm cottage estate to be developed in New Moscow
LLC Lesnye Dali might build 105,500 square meters of real estate in Voronovskoye settlement located in the territories recently adjoined to Moscow, the press office of the Moscow Committee for Construction Investment Projects and Co-Funding Construction told RIA Novosti on Friday.
Chinese investment company to build multiuse center in Vladivostok
Huamin, a Chinese investment corporation, is likely to launch construction of a multiuse center with offices and hotels in the Russian city of Vladivostok in three of five years, a deputy director general of the company, Li Zheng, told RIA Novosti on Friday.
Investment in power unit of Novovoronezh NPP-2 to total $148m
In 2017, investments in the second under construction power unit of Novovoronezh nuclear power plant will amount to 8.77 billion rubles (approximately $148 million), Rosenergoatom informs with a reference to the director of Novovoronezh NPP, Vladimir Povarov.
Household welfare in USA hit record high of $93 trillion
In the fourth quarter of 2016, net assets value of households and nonprofit organizations in the United States increased to a record $92 trillion 805,4 billion due to a rise in price of real estate and an increase in the stock price.