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Major Chinese investor to enter Russia-China Investment Fund

June 23, 19:41 UTC+3 BEIJING
Head of the Russian Direct Investment Fund Kirill Dmitriev did not disclose the name of the Chinese company and its possible amount of investment
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BEIJING, June 23. /TASS/. The Russian-Chinese Investment Fund will include a major Chinese investor, head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev told reporters.

"We expect that in the near future one more investor may enter the Russian Chinese Investment Fund. It will be our partner, which is very important to us. This will be a very large Chinese group and we will have the third very powerful partner in China, which will enable us to interact intensively with the China Investment Corporation and it will invest actively with us," Dmitriev said.

He did not disclose the name of the Chinese company and its possible amount of investment in the Russian-Chinese Investment Fund.

The RDIF was established in 2011 on the initiative of the President and the Prime Minister to raise foreign investments using a co-investment principle.

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