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Putin hopes foreign investors will step up activities in Russia

“I want to assure you that there will be more and more such projects every year,” he said

Photo ITAR-TASS

Photo ITAR-TASS

ST. PETERSBURG, June 21 (Itar-Tass) - President Vladimir Putin hopes that foreign investors will step up activities in Russia.

“We hope that you will appreciate the attractiveness of investing in Russia and get down to work with your usual drive and acumen,” Putin said.

“Many things are to be corrected and improved in our cooperation, but what is important is that the projects we propose are predictable and stable, and I hope that they will bear fruit,” the president said.

He believes it necessary to develop public-private partnership, including infrastructure projects.

“I want to assure you that there will be more and more such projects every year,” he said.

Putin said the decision has been made to invest money from the National Welfare Fund and pensions savings in recoupable infrastructure projects.

He noted that the combined volume investments by direct investment funds in Russia in 2012 doubled in 2012 to 10 billion roubles.

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