MOSCOW, April 17 (Itar-Tass) — Annual direct foreign investments in Russia should reach 70 billion dollars by 2018, Russian Prime Minister Dmitry Medvedev said in an annual governmental report to the State Duma on Wednesday.
“Now Russia is ranked sixth in the world and second among the BRICS states in the volume of direct foreign investments for the last five years. In general, this is a quite good figure of about 265 billion dollars,” the prime minister stated. “This is good results, but there is definitely a room for improvement. We are planning to increase direct foreign investments to 70 billion dollars annually by 2018,” the premier noted.
Medvedev cited as an example the Russian Fund of Direct Investments, which attracts more than four roubles of foreign co-investors per one rouble of its monetary funds. The fund pursues the main task to ensure the maximum profit-making rate of the investment capital.