Investigators release Gogol-Center artistic director after questioningSociety & Culture May 24, 2:32
London may be among contenders for 2018 FIDE chess world championship — FIDESport May 24, 2:29
Putin begins talks with visiting Philippine leaderRussian Politics & Diplomacy May 24, 0:15
Mechanism of alerting on cyberattacks practically never used by US — spokespersonWorld May 23, 22:19
Putin praises work of Independent Public Anti-Doping CommissionSport May 23, 20:38
Russia needs expanding representation in global sports federations — ministerSport May 23, 20:21
Russian athletes must be trained for Olympics under certain geographic conditions — PutinSport May 23, 19:38
Final charges brought against Russian ex-economy minister UlyukayevBusiness & Economy May 23, 18:59
WADA delegation to visit Moscow this week to help with membership reinstatementSport May 23, 18:48
MOSCOW, July 10 (Itar-Tass) - President Vladimir Putin has proposed Vnesheconombank (VEB) to become an operator of three infrastructural projects - to build the Moscow-Kazan high-speed trunk railway and the Central Circular Road, and to modernize the Trans-Siberian Highway.
A total of 450 billion roubles are expected to be provided to carry out the projects. The Russian Direct Investment Fund (RDIF) should involve new investors, Putin said at the meeting with VEB Chairman Vladimir Dmitriev on Wednesday.
“VEB can be an operator of the projects and the RDIF can work to involve our partners from other investment funds to take part in these projects,” the Russian president said.
“You must reach agree with the Russian Direct Investment Fund because we’ll include this institution in this work. It is necessary Vnesheconombank and the Russian Direct Investment Fund to play their role. We should think what institute and in what aspect we can attract in these projects,” Putin said.
“The amount of 450 billion roubles [I mentioned about this at the St Petersburg International Economic Forum] is only initial capital because each project needs more funding,” the president said, adding that initial capital would help promote these projects.
“That is why it is necessary to choose the optimal way to make the project lucky. Of course, your financial institution can play a very positive role. I hope for this,” Putin told the Vnesheconombank chairman.