Russia to see $60-70 bln in FDI

The level of foreign direct investment in Russia should increase to $60-70 billion “in the foreseeable future,” Prime Minister Vladimir Putin said on Wednesday in an annual report on his government’s performance to parliament.

“We are setting the goal of achieving a level of $60-70 billion worth of foreign direct investment a year and then will increase that level further,” he said.

Putin did not specify the time frame when this level should be achieved. FDI in 2010 was $13.8 billion.

MOSCOW, April 20 (RIA Novosti)


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