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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China sovereign wealth fund to boost investment in Russia

Posted on 26 March 2013

China’s sovereign wealth fund China Investment Corp. said Monday that it has signed a memorandum with Russia to strengthen cooperation in infrastructure and the development of Siberia, the far eastern part of the country.
The memo, signed in Moscow on March 22, set out principles for the two nations to step up cooperation in investing in large infrastructure and logistics projects, the natural resources sector and leading manufacturing and service companies, the statement said. Details such as the planned investment amount and specific projects weren’t mentioned………………………………………..Full Article: Source


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