ZCZC
BCN-38
RUSSIA-KYRGYZSTAN-INVESTMENT-FUND
Russian Direct Investment Fund to invest $92.6 mln in projects in
Kyrgyzstan
BISHKEK, Mar 29, 2019 (BSS/TASS) – Russian Direct Investment Fund plans to
invest 6 bln rubles ($92.6 mln) in projects in Kyrgyzstan, including gold
mining, RDIF’s Chief Executive Officer Kirill Dmitriev told reporters on
Thursday, adding that the Fund would also provide assistance in setting up a
sovereign fund in the country.
“We are ready to provide assistance to the Kyrgyz side in setting up a
sovereign fund on RDIF’s pattern. We also see that Kyrgyzstan is interested
in creating such a fund for attracting foreign investment in particular. RDIF
has decided to invest over 6 bln rubles in joint Russian-Kyrgyz projects with
that fund,” he said.
According to Dmitriev, investments will be allocated particularly for
projects in the resource sector. “We are already discussing five such
projects. One is in the gold mining industry, another is in the logistics
sector,” he said.
CEO added that many partners of the Fund are interested in investing in
Kyrgyz projects. “Those are particularly funds of the (United Arab) Emirates,
Saudi Arabia, mainly Middle Eastern funds,” he noted.
BSS/TASS/HR/1450