Foreign direct investment in Russia hits $21bn this year
NOVO-OGARYOVO – Foreign direct investment in Russia's economy in the first half of the year reached $21 billion, Prime Minister Vladimir Putin said on Wednesday.
He said investment activity indicators in the current year were "quite favorable."
He said capital investment in June was up 7.4% year on year.
"This is conclusive evidence that business is returning to the implementation of old projects and undertaking new ones," Putin said.
According to the Russian Statistics Service, foreign direct investment in Russia was down 41.1% in 2009 to $15.9 billion.
In 2009, the Russian economy received a total of $81.9 billion in foreign investment, 21% less than in 2008.
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