MOSCOW, May 8 – RIA Novosti / Prime. Russian Direct Investment Fund, the Russian-Chinese Investment Fund (RKIF) and the People’s Government of Heilongjiang Province (China) signed an agreement on establishment of a specialized investment fund of 2 billion dollars to finance projects in the field of agriculture in Russia and China, according to RIA news from the signing ceremony.
The sides also agreed to strengthen cooperation in the field of agriculture, farming, processing, customs clearance, logistics and sales Food. As previously reported RIA Novosti head RFPI Kirill Dmitriev, Russia’s share in the fund will be a minority, mostly Chinese have money institutional investors, including investment with significant experience in the agricultural sector.
Dmitriev added that at present actively studied to ten projects. This is mainly projects of existing companies, but there are some new, in particular, on the development of the agricultural sector of the Far East. However, did not name specific projects and companies that can be supported by the fund.
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