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Arab funds to invest in logistics hubs in Moscow and Novosibirsk

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Arab funds to invest in logistics hubs in Moscow and Novosibirsk

The Russian Direct Investment Fund (RDIF) and Mubadala Development Company, a state-owned holding company based in the UAE, as well as other leading Middle Eastern funds are going to invest in two logistics hubs in the Russian cities of Novosibirsk and Moscow.

This is what the press office RDIF reported in a press release on Thursday. A logistic platform PLT was established by the Russian Direct Investment Fund, Mubadala and other investors in 2016 for the purpose of investing in logistics complexes of “A” class. The platform is intended to meet the demand from Russian and foreign companies on high-quality infrastructure.

A total area of the complexes, each of which is located near major highways, exceeds 84,000 square meters.

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