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26 Mar, 12:26

RDIF chief executive suggest creating investment fund for Arctic region

According to Kirill Dmitriev, many projects in the region can be implemented with concession mechanisms

MOSCOW, March 26. /TASS/. Chief executive of the Russian Direct Investment Fund Kirill Dmitriev suggests creating an Artic infrastructural fund or a separate Arctic investment fund to support projects in the region.

"We would fundamentally suggest creating, probably, a separate Arctic infrastructural fund or a separate Arctic investment fund to support such projects," Dmitriev said at the Arctic Forum.

"We believe many of them can also be implemented with concession mechanisms. This is because Russia has almost one of the best bases of such concessions globally," he added.