Russian diplomat: No message received from Washington on its participation in Astana talksRussian Politics & Diplomacy January 19, 17:08
Results of Siberian Craton research to be used in discovering new diamond depositsBusiness & Economy January 19, 16:36
Diplomat says Moscow expects new Syrian groups to join ceasefire at Astana talksRussian Politics & Diplomacy January 19, 16:23
Ankara vows to leave no stone unturned in Russian envoy's murder investigationWorld January 19, 16:10
Diplomat: Trump’s inauguration raises hope for end of crisis in Russia-US relationsRussian Politics & Diplomacy January 19, 16:06
Russian diplomat believes Astana meeting on Syria to strengthen ceasefire regimeRussian Politics & Diplomacy January 19, 16:00
US embassy in Russia passes to Washington invitations to Astana talks on SyriaWorld January 19, 15:39
Ankara hopes for success of Syrian talks in Astana — Turkey’s deputy PMWorld January 19, 15:35
Russia’s St. Petersburg unveils its official logo for 2020 UEFA Euro CupSport January 19, 14:47
SHANGHAI, May 20 /ITAR-TASS/. Russia-China Investment Fund (RCIF), established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), will invest some 400 million U.S. dollars in the construction of the first bridge across the Amur River, RDIF Director General Kirill Dmitriyev said.
The first on the Russian-Chinese border railway bridge crossing on the Amur River will have the traffic capacity of up to 21 million tonnes per year and will link Russia’s Jewish Autonomous Region with China’s Heilongjiang Province, cutting the cargo transportation route by 700 kilometres. The bridge construction will create a new export corridor between Russia and China and remove infrastructure restrictions from the development of new deposits in Siberia and the Far East.
The agreement will be signed within the framework of RF President Vladimir Putin’s working visit to China.
Heilongjiang Province, having an almost 3000-km long border with Russia, already accounts for 25% of foreign trade turnover between the two counties and for about one-third of the total volume of investment co-operation.
In 2014, the Russian Direct Investment Fund is planning to attract about 33 billion roubles (955.9 million U.S. dollars) of foreign investments to the Far Eastern projects. This is almost twice as many as in 2013. As for the investments already made, the figure has exceeded 22 billion roubles (637.3 million U.S. dollars) of which 6.1 billion (176.7 U.S. dollars) came from the Russian Direct Investment Fund and 16.3 billion roubles (472.1 million U.S. dollars) were provided by foreign investors. Russia has attracted more than 60 billion roubles (1.7 billion U.S. dollars) by co-operation with the sovereign funds in Japan, China and South Korea.