RUSSIA MAY DOUBLE VOLUME OF FOREIGN INVESTMENTS IN 5 YEARS, SAYS EXPERT

Subscribe
MOSCOW, September 27 (RIA Novosti) - The volume of foreign investments in the Russian economy may be doubled in the five years to come, said James Terley, the coordinator of the consultative council on foreign investment in Russia.

"I believe the results can be doubled for the next 5 years. There is a good market here investors want to invest in," he said.

The President of the European Bank for Reconstruction and Development, Jean Lemierre, in his turn told journalists that for the recent years, the number of investment projects in Russia has been increasing. "Many investors speak about the possibility to invest into that country. These are both foreign and Russian investors, and this is a very good signal," said Mr. Lemierre.

The EBRD president believes that Russia now must demonstrate "the impressing macroeconomic results" to improve the social situation and create new jobs. Besides, he thinks, Russia still needs to diversify the economy and develop regions. Mr. Lemierre also pointed out to the possibility to use private sector funds to develop ports, airports and roads.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала