Sat, Mar 7, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Russian govt invest RUB 450 bln from Sovereign

Posted on 27 June 2013

Vladimir Putin President of Russia said that the Russian government will invest up to RUB 450 billion in infrastructure projects from its sovereign wealth fund together with private capital. Putin said that up to half the money to be invested in the projects will come from the National Welfare Fund, Russia’s USD 87 billion sovereign wealth fund made up of windfall oil export revenues.
He said that “Key conditions will be an assessment by private business that the projects are viable and effective, and co-financed from their side.” Mr Putin said that the infrastructure projects should eventually return the money invested………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15858 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031