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“In the 21st century, a full-scale modernization is again necessary for our country. And it will be the first experience of modernization in our history based on democratic values and institutions. Instead of a primitive raw materials economy, we will create a clever economy, which will produce new things and technologies - things and technologies useful for the people.”
D. Medvedev, President of the Russian Federation


Russian Investment Agency expects to raise up to $ 2 billion for commercial real estate of the two capitals

Major hotels, luxury business centers of Class “A” and shopping centers in Moscow and St. Petersburg can get billions of investments from the Middle East and Singapore. The Chief Executive Officer of the Russian Investment Agency (RIA) Yury Voicehovsky told “Izvestiya” that the agency began to set up a special investment fund of up to $ 2 billion.
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Photo: IZVESTIYA / Vladimir Suvorov


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© Council for Investment Climate Development, 2011

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