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Russian Direct Investment Fund considering 7 projects involving Chinese co-investors

Kirill Dmitriyev said while in Beijing he planned to discuss closer cooperation with Chinese banks with an eye to attract them to financing a number of Russian companies

BEIJING, November 9. /TASS/. Russia’s Direct Investment Fund is considering seven investment projects in the agrarian sector with participation of Chinese co-investors, the Fund’s head Kirill Dmitriyev said on Sunday.

“We are meeting here (on November 10 on the sidelines of the APEC summit in Beijing - TASS) with leading agrarian investors, who plan to invest in the agrarian sector along with us and the Russian-Chinese Fund (a division of the Russian Direct Investment Fund),” he said.

The Fund, according to Dmitriyev, is considering seven projects in the areas of animal breeding, plant growing and aquaculture with leading Asian corporations. “We are looking at seven projects in the farming sector. They involve mostly Chinese and a number of Arab co-investors,” he said.

Apart from that, he said while in Beijing he planned to discuss closer cooperation with Chinese banks with an eye to attract them to financing a number of Russian companies. Infrastructure projects would be in focus too, he added.