DataLife Engine / Sanctions force Russia to alter vector of investment development

Sanctions force Russia to alter vector of investment development

“On the whole, there is a considerable alteration of the investment vector. If two or three years ago one could speak, first of all, about the development, the construction of large territories, now this vector is being altered and we understand why,” M. Reshetnikov said on the sidelines of “Sochi 2016” forum.

He added that for the last years a volume of fixed investments increased by 60%. “These are strong indicators, however, under the conditions of sanctions and high interest rates, such projects are difficult to implement,” explained Reshetnikov.

“Priority of our investment policy are investments into the creation of new productions, in technoparks, industrial complexes,” he said and stressed under such conditions “smart investments” are required.

30-09-2016, 22:49
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