RDIF presents new investment opportunities in Russia at the World Economic Forum
Press release, 21.01.2019
Moscow, January 21, 2019 - A delegation from the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, led by RDIF’s CEO Kirill Dmitriev, will participate in the World Economic Forum, which will be held on 22-25 January 2019 in Davos, Switzerland.
RDIF’s representatives plan to participate in the Forum’s main sessions and discussions, as well as to meet with more than 20 existing and potential Fund partners from the Middle East, Asia, Europe and the USA.
RDIF’s CEO Kirill Dmitriev will talk about current trends and new opportunities for investment in Russia, as well as sharing RDIF’s successful experience in implementing large-scale investment projects.
2018 saw increased interest from foreign investors in working together on Russian projects. As a result, the year was a record for RDIF—together with its partners, 350 billion rubles were invested in 25 projects. The most active were sovereign funds and foreign strategic investors, reflecting not only the high potential of the Russian market but also the opportunities for attractive returns in the current environment.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), noted:
“We see a big difference in views on Russia between those who are already implementing projects in the country and those who are watching from afar. We are convinced that dialogue is necessary to improve interaction and increase trust. At the Forum, we will discuss current projects and new opportunities, including the participation of foreign businesses in the implementation of national projects.”
Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 70 projects with foreign partners totaling more than 1.4 trillion rubles and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 700,000 people, and generate revenues which equate to more than 5% of Russia’s GDP. RDIF established joint strategic partnerships with leading international co-investors from more than 15 countries that total more than 40 billion dollars. Further information can be found at www.rdif.ru
For additional information contact:
Russian Direct Investment Fund
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
Andrew Leach / Maria Shiryaevskaya
Tel: +44 (0) 20 7796 4133