Russian-Turkish Investment

Dmitriyev stressed that cooperation with Turkish partners saw significant momentum, pointing to the activation of a study of promising projects between the two sides.

The Russian official pointed out that the Russian-Turkish Investment Fund will start in the year 2017 with a nearly $ 1 billion, as it will contribute to lend to joint projects in priority sectors of the two sides.

He said Dmitriyev, the newspaper “Izvestia” Russian, Tuesday, September 13 / September: “The Russian Direct Investment Fund is seen in the financing of projects by about $ 300 million to be discussed in the framework of the Russian-Turkish Investment Fund, in sectors such as agriculture, health, tourism and infrastructure.”

Dmtreyev He added: “The Russian Direct Investment Fund targeted about 20 different partnership, ranging from several hundreds of millions of dollars and several billions of dollars, each partnership, and we believe it’s good now create an investment fund size of $ 1 billion.”

He explained that the sovereign wealth fund to invest the size of Turkey, in the construction of the Russian-Turkish Investment Fund, is not yet known, noting that the operational activities of the Common Fund may start at any time of the next year.

Said Economic Development Minister Alexei Ulyukayev, Sunday, Sept. 4 / September of this, on the sidelines of the first summit held in Hangzhou of China: “The establishment of the Russian-Turkish Investment Fund ends in late August / August in Turkey, after making the necessary changes, and set the right partner Fund Russian direct investments … now colleagues working at the expert level, and I think that during the months of October / October and November, we will have a list of projects, and the allocation of capital, to start working on these issues. ”

Earlier, Economy Minister Nihat Zabkja pointed out that the Russian-Turkish Investment Fund, will fund a variety of projects, including in third countries.

In August / August last, the Russian Direct Investment Fund and the Development and Investment Company of Turkey “Renaissance” agreed to expand their cooperation to the investment of investment funds expected size of $ 200 million from each side.

The Russian Direct Investment Fund’s capital reserve of $ 10 billion was established in 2010 in order to attract foreign investment into Russia.

Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan is working to normalize relations between the two former regional allies after relations against the backdrop of Russian bombers drop Ankara “Su 24” over Syria while carrying out its mission against terrorism, and the killing of its leader. As the two leaders met in China during the month on the sidelines of the Group of Twenty summit, and discussed a range of issues and joint projects, including the establishment of the Turkish Investment Fund Aerati

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