Source Pravda.Ru

Foreign Investments In Russia To Reach More Than $9Bn In 2001

The total volume of investments in the Russian economy went up 8.3 per cent in the first eleven months of 2001 as compared to the corresponding period last year, Finance Minister Alexey Kudrin announced at a meeting of the government today. He reported that according to preliminary forecasts the total volume of investments would amount to 1.345bn rubles ($45m) and foreign investments would reach more than $9bn. In the total volume of investments, 43.7 per cent were investments in various industries, 23.3 per cent were investments in the fuel and energy sector and 22.9 per cent were investments in the transport sector.