16:58 GMT11 April 2021
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    Russian Direct Investment Fund reported that the future Russia-Turkey joint investment fund will manage investments worth several billion US dollars.

    MOSCOW (Sputnik) — The future Russia-Turkey joint investment fund will manage investments worth several billion US dollars, the head of the Russian Direct Investment Fund said Tuesday.

    "We are talking about joint investments worth several billion US dollars," Kirill Dmitriev said in an interview with Rossiya-24 television.

    According to Dmitriev, Russia will initially help Turkey to set up a sovereign investment fund, and will create mechanisms of joint investment in a wide range of projects, including in infrastructure development, agriculture and medicine, based on experience of similar cooperation with UAE and China.

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