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St PETERSBURG, June 21 (Itar-Tass) - World infrastructure needs investments to the tune of $60 trillion, Kirill Dmitriyev, head of the Russian Fund for Direct Investment said Friday in the course of a panel discussion at the St Petersburg International Economic Forum /SPIEF/.
The setting up of a Development Bank by the member-nations of BRICS /Brazil, Russia, India, China, and South Africa/ will help these countries invest in their infrastructures, he said.