RDIF CEO: Direct foreign investment in Russia to rise 50% in 2019

Prime, 20.11.2019

MOSCOW, Nov 20 (PRIME) -- Direct foreign investment in Russia will jump by 50% in 2019, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), told reporters on Wednesday on the sidelines of the Russia Calling! forum.

We forecast that the growth of direct foreign investment this year will be 50% higher than last year,” he said.

Higher investment is obviously attributed to stable oil markets. Russia has strong macroeconomics. We think that the technological sector and infrastructure provide great opportunities for investors,” he said.

The central bank’s data showed direct foreign investment in Russia shrinking to U.S. $1.9 billion in 2018 from $27.1 billion in 2017.