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Foreign investments across Russia’s strategic markets may reach $262 mln — expert

Foreign investments into Russian strategic markets totaled around 7 bln rubles ($122.3 mln) last year

MOSCOW, February 14. /TASS/. Foreign investments in Russian strategic markets may almost double and amount to about 15 bln rubles ($262 mln) in case of a positive foreign economic situation, department head of the Russian Federal Antimonopoly Service Andrei Yunak said on Tuesday.

"Foreign investments into Russian strategic markets totaled around 7 bln rubles ($122.3 mln) over the last year. These are the markets of defense and oil and gas industry and domestic infrastructure. I believe investments of foreign companies may be about 15 bln rubles ($262 mln) this year if the international economic situation is positive," Yunak said.

Proactive interest and positive attitude of foreign investors towards Russian strategic markets are characterized by such projects as acquisition of the 10% stake in the Russian petrochemical holding Sibur by China’s Silk Road Fund and investments of Singapore’s Changi Airports International into the Vladivostok Airport, the expert added.

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