JBIC joint investment fund and Russian Direct Investment Fund can be created by September – the head of the Japanese bank
Joint Japan Bank Foundation for International Cooperation (JBIC) and the Russian Direct Investment Fund (RFPI) can be created by the fall, he said at a press conference CEO of JBIC Tadashi Maeda at the St. Petersburg International Economic Forum (SPIEF).
“The Fund is not yet established, but the project is almost at the final stage. Can be run as early as September, “- he said.
Memorandum on the establishment of the Fund was signed in December. Each side intends to invest $ 500 million by the Parties as priorities identified these areas of investment:. Health, the creation of smart cities and eco-friendly technology, energy, the use of advanced technology, the development of industry and increasing the export base of the Russian Far East.
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