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Foreign direct investment in Russia 'to hit $60-70 bln by 2013'

© RIA Novosti . Alexei Nikolsky / Go to the mediabankFinance Minister Alexei Kudrin
Finance Minister Alexei Kudrin  - Sputnik International
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Russia could see a pre-economic crisis level of foreign direct investment of $60 billion to $70 billion by 2013, Finance Minister Alexei Kudrin forecast on Wednesday.

Russia could see a pre-economic crisis level of foreign direct investment of $60 billion to $70 billion by 2013, Finance Minister Alexei Kudrin forecast on Wednesday.

He said foreign direct investment stood at $70 billion before economic recession swept the country in 2008, reducing the figure to $30 billion. He also said Russia saw capital outflow of $52 billion in 2009.

"In the next two to three years we will have foreign direct investment back at $60 billion - $70 billion," Kudrin said.

The government press service reported on Tuesday that the inflow of foreign investment into Russia exceeded $40 billion last year.

MOSCOW, February 3 (RIA Novosti)

 

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