Russian Direct Investment Fund, Saudi Sovereign Fund to Launch $3Bln Projects

© Sputnik / Alexei Druzhinin / Go to the mediabankChairperson of the Federation Council Valentina Matvienko
Chairperson of the Federation Council Valentina Matvienko - Sputnik International
Subscribe
Valentina Matvienko said that Russian Direct Investment Fund and the Saudi Arabian sovereign wealth fund will launch joint projects worth $3 billion before the end of this year.

Oil production - Sputnik International
World
Russia Hopes to Continue Cooperation on Oil Output Reduction With Saudi Arabia
RIYADH (Sputnik) The Russian Direct Investment Fund and the Saudi Arabian sovereign wealth fund will launch joint projects worth $3 billion before the end of this year, Speaker of the Federation Council, the upper house of Russia's parliament, Valentina Matvienko said on Monday.

"The Russian Direct Investment Fund and the the Saudi Arabian sovereign wealth fund are cooperating successfully. Thanks to them, projects worth some $600 million have been implemented. Before the end of the year, projects worth $3 billion should be launched," she said.

Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала