Russian foreign direct investment soared to $18.4 billion last year, a 33 percent increase from 2010, with finance and manufacturing receiving the most capital. The Kremlin set up the Russian Direct Investment Fund to co-finance international investment and in October won $1 billion in backing from China’s sovereign wealth fund, the first foreign commitment to the private-equity vehicle.
The government expects inflows to reach between $60 billion and $70 billion soon, Prime Minister Vladimir Putin said last year………………………………………..Full Article: Source