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RF govt to recapitalize RF Fund of Direct Investments to 62 bln rbls - Medvedev

Medvedev noted that 25 billion roubles of these investments will be made to fund the projects in the Russian Far East

GORKI, December 17 (Itar-Tass) —— The Russian government will recapitalize the Russian Fund of Direct Investments to 62 billion roubles, including 25 billion roubles that will be allocated for the development of the Far East, Russian Prime Minister Dmitry Medvedev said at a meeting of the Vnesheconombank supervisory board on Monday.

“Today we will recapitalize the Russian Fund of Direct Investments, which is a VEB affiliate, to 62 billion roubles,” Medvedev noted. Medvedev noted that 25 billion roubles of these investments will be made to fund the projects in the Russian Far East.