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Russian Direct Investment Fund readies 10 projects for US investors

February 08, 11:40 UTC+3
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MOSCOW, February 8. /TASS/. Russian Direct Investment Fund (RDIF) has prepared 10 projects for US investors in a number of sectors, including agriculture, road construction, logistics and others, CEO Kirill Dmitriev said Wednesday.

"As for other projects, indeed we’ve prepared 10 projects for leading American investors in agriculture, infrastructure, road construction, logistics and other sectors. We’re already engaged with a number of leading US funds on those projects and see a substantial interest," he said.

According to Dmitriev, investors from the United States are taking huge interest in Russian assets thus, 30% of shares in Destky Mir offered in its IPO, were acquired by American investors.

"Russian investments can bring very high yields," he said, adding that the return of the Russia-China Investment Fund (established jointly by Russian Direct Investment Fund, or RDIF, and China Investment Corporation, or CIC) in Detsky Mir IPO exceeded 90% per annum in dollar terms.

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