RDIF CEO Kirill Dmitriev Discusses Investment in Russia at APEC Summit
Vladivostok, September 6, 2012 – Kirill
Dmitriev, CEO of the Russian Direct Investment Fund (RDIF) today took part in a
panel discussion entitled "Invest in Russia", which was held at the
Asia-Pacific Economic Cooperation (APEC) Summit.
Mr. Dmitriev spoke about the ways to attract
investment into Russia from the other APEC countries. In his comments during
the discussion he focused on the Russia-China Investment Fund (RCIF), a newly
created fund established jointly by the RDIF and the China Investment
Corporation (CIC).
Mr. Dmitriev said: “In a short space of time we
have already achieved a lot. We have begun work with our Chinese partners,
established priorities and plans, and in the near future we will be able to
announce the Fund’s first transactions. The Russia-China Investment Fund has
become a real example of effective cooperation among APEC economies.”
Mr. Dmitriev also touched on the kinds of
opportunities and projects that are of most interest to potential investors
willing to invest in Russia: “The Far East region is one of the most attractive
for investors because of, among other things, its unique geographic location
and its highly developed infrastructure.”
Other leading official and business figures
also participated in the panel discussion “Invest in Russia”. These included:
Governor of the Primorsky Territory, Vladimir Miklushevsky; Managing partner
for the CIS at Ernst & Young, Karl Johansson; President of the Chamber of
Commerce of Russia, Sergey Katyrin; the Special Representative of the President
of the Russian Federation on Entrepreneurship, Boris Titov; and the CEO of the
Far East and Baikal Regional Development Fund, Gennady Alekseev.
During a discussion of research carried out by
Ernst & Young about investment opportunities in Russia entitled, “Growth
Potential”, it was also revealed that the RDIF and Ernst & Young has
launched a joint study on the structure of capital inflows and outflows in the
Russian economy.
Russian Direct
Investment Fund (RDIF), established in June 2011, is to be capitalized with $10 billion in
Russian government funds to make equity investments that generate strong
returns. In each investment it makes, RDIF is mandated to secure co-investment
that as a minimum matches its commitment, thus acting as a catalyst for direct
investment into the Russian economy.
The Asia-Pacific
Economic Cooperation Forum (APEC), is an international organization of 21 economies in the Pacific Rim
(Australia, Brunei, Vietnam, Hong Kong [Special Administrative Region of China],
Canada, People's Republic of China (PRC), Indonesia, Malaysia, Mexico, New
Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Thailand,
Taiwan, Chile, the Philippines, South Korea and Japan). The 24th APEC Leaders
Meeting will be held on Russky Island in Vladivostok between September 2nd and
9th.
Maria Medvedeva,
Press-Secretary, RDIF
М: 8 964 726 1773
E: mm@rdif.ru