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Putin invites foreign investors to develop Russia’s south

January 19, 2014, 15:37 UTC+3 MOSCOW
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MOSCOW, January 19, 14:56 /ITAR-TASS/. Russian President Vladimir Putin invites foreign investors to work not only in the host city of the Winter Olympic Games, Sochi, but also to whole of Russia’s south.

“We will welcome investors from all countries, including China,” he said in reply to the question of Chinese journalist Shui Junyi, who asked Putin about chances of the Chinese investors coming after the Olympics to build hotels in Sochi.

“I know that I have many friends in China. It is not surprising, because we have special relations with China,” Putin added. “And I have special feelings for China. China is a great country with a great culture, with very interesting, hard-working and talented people.”

“China has a great investment potential. There are very good investment tools in China, including a whole network of major funds. The Russian Direct Investment Fund, the RDIF, works with some of them, with major Chinese investment funds. They already have joint projects,” he said.

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