Enes
Moscow
WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
Go to mobile

LATEST NEWS

13:03 23-05-2017
Exhibition hall developed by Italian Bertone Bureau to be built in Russia
12:35 23-05-2017
Cows tried to penetrate into mall in Russian city of Surgut (VIDEO)
12:16 23-05-2017
Belarus switches to mass housing construction with power conversion systems
12:02 23-05-2017
Russia prepares to lift restrictions on use of Turkish labour
11:47 23-05-2017
Stone greenhouses to be built in Russia upon Chinese projects
11:22 23-05-2017
Ex-Finance Minister names five dangerous myths about Russia's economy
10:38 23-05-2017
Steven Seagal to receive free land in Russia via TV show
09:58 23-05-2017
Volume of housing construction in Russia dropped by 15% this year
17:44 22-05-2017
Volkswagen and Chinese JAC Motor set up joint e-vehicles plant
17:17 22-05-2017
Nobody wants to build sea terminal for $15m in Kaliningrad region
16:58 22-05-2017
Modern Olympic Center to be erected in Russian North Caucasus
16:40 22-05-2017
First wind farm to be built in Kaliningrad region
16:24 22-05-2017
Russian Defense Ministry plans large-scale construction in Crimea
15:57 22-05-2017
Agreement establishing Russian-Turkish Investment Fund to be signed
15:45 22-05-2017
Primorye to provide guarantees for completion of Hyatt hotel
15:31 22-05-2017
6-hectare plot of land in Yekaterinburg put on auction
15:15 22-05-2017
Wonderful 17th-century stone bridge discovered in Moscow
14:58 22-05-2017
$2-million four-lane road needs to be constructed in Volgograd
14:39 22-05-2017
30-hectare low-rise micro-district to be built in Moscow region
14:20 22-05-2017
Third of new houses in Russia to be built from wood
13:48 22-05-2017
Sika building company’s CEO becomes head of LafargeHolcim
12:57 22-05-2017
Chinese CRIG to build fourth metro line in Kyiv
12:00 22-05-2017
Modern hotel for guests of New Jerusalem to be erected in Moscow region
11:45 22-05-2017
Italian Pizzarotti to build two health care facilities in Russia
10:47 22-05-2017
Swiss citizens vote against construction of new NPPs
09:51 22-05-2017
Saudi Arabia, UAE invest $100m in Ivanka Trump’s Fund
17:54 19-05-2017
Spanish Bustren to develop documents for Second Metro Ring in Moscow
17:38 19-05-2017
Radisson Blue hotel in Olympic Sochi put up for sale
17:19 19-05-2017
Italians set to invest in Russia’s cheese cluster worth $52 million
16:55 19-05-2017
Gas hydrate extraction in China not to affect Power of Siberia – Gazprom
All news

ARCHIVE NEWS

«    May 2017    »
MonTueWedThuFriSatSun
1234567
891011121314
15161718192021
22232425262728
293031 

Russian and Saudi funds launch joint projects for $3 billion

logo russianconstruction.com
Russian and Saudi funds launch joint projects for $3 billion

Until the end of 2017, the Russian Direct Investment Fund (RDIF) and the Sovereign Fund of Saudi Arabia will launch joint projects for the amount of $ 3 billion, the speaker of the Federation Council Valentina Matviyenko announced.

“The Russian Direct Investment Fund (RDIF) and the Sovereign Fund of Saudi Arabia are successfully interacting. Thanks to them, the projects with a total volume of about $600 million have been realized. By the end of this year, more projects for $3 billion will be launched,” - the Chairman of the Federation Council said.

During the official visit of a delegation of the Parliament’s upper house, the senators held a meeting with representatives of business circles of Saudi Arabia, the press office of the Federation Council reports on Monday. Valentina Matviyenko also said that the Federation Council would promote the removal of barriers for development of business contacts between Russia and Saudi Arabia.

In summer 2015, RDIF and the Sovereign Fund of the Kingdom of Saudi Arabia – Public Investment Fund (PIF) – set up a partnership, under which they intend to make joint investments in attractive projects in Russia, including infrastructure and agriculture. Under the agreement, the PIF invests $10 billion in the partnership.

Related publications

PARTNERS

UP