Source Pravda.Ru

Abu Dhabi to invest $5 billion in Russian roads

Abu Dhabi plans to invest five billion dollars in Russia's infrastructure together with the Russian Direct Investment Fund (RDIF). The money will be used for the construction of toll roads, highways to airports, as well as other projects, RDIF CEO Kirill Dmitriev said.

Dmitriev said that on Thursday, September 12, the memorandum of understanding was to be signed between the Department of Finance Abu Dhabi and the RDIF.

In accordance with the memorandum, the first deal is to be concluded already next year.

The Russian Direct Investment Fund was created in June 2011 by the initiative of the Russian president and prime minister. The task of the foundation is to raise funds on the basis of principles of co-investment. 

 

Comments
Should Russian athletes go to non-Olympic Games in South Korea?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Donbass without militia will be worse than Srebrenica - Putin
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Should Russian athletes go to non-Olympic Games in South Korea?
Should Russian athletes go to non-Olympic Games in South Korea?
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Russia to rebuild its former Soviet naval base in Syria's Tartus
Russia not pulling out from any international agreements, Putin says
Capitalism reduced Indonesian cities to infested carcases
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
USA looking for reason to see nuclear weapons in action
Tel Aviv, Jerusalem, capitals and puppets
Capitalism reduced Indonesian cities to infested carcases
North Korea declares victory over USA
Capitalism reduced Indonesian cities to infested carcases
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets