Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

Russia will hopefully become leader in attracting investment soon

25.06.2002 | Source:

Pravda.Ru

 

Deputy Economic Development Minister Arkady Dvorkovich believes that Russia will become the world's leading nation in attracting investment.

Dvorkovich said as much at the sixth annual conference for foreign investors "Russia: Reform and Market Growth". Dvorkovich remarked that there are such short-term growth factors as devaluation and favourable foreign economic situation. These factors helped Russia maintain high economic growth in the past two years.

However, considerable investments are needed for consistent medium-term growth, stressed the deputy minister.

In his words, the necessary volume of investment has not been accumulated as yet, therefore, Dvorkovich believes, modernisation of the operating enterprises and stimulation of new enterprises should become the priority tasks of the government, especially in large and medium-size business.

The Russian Economic Development Ministry suggests that free economic zones be created as an alternative mechanism for attracting investment. This, according to Dvorkovich, will make it possible to achieve a high growth rate - 6 percent per year by 2005-2007. This growth will remain stable for the next few years, Arkady Dvorkovich stated.

© &to=http://www.rian.ru' target=_blank>RIAN

 
| More
1339

Popular photos

Most popular

Russia to be disconnected from the Internet?
Russia to be disconnected from the Internet?
The issue of security of the Russian segment of the Internet will be a topic for discussion at the meeting of the Russian Security Council. Officials will make a number of decisions regulating the use...
The West closes eyes tight to imagine Russia does not exist - Medvedev
The West closes eyes tight to imagine Russia does not exist - Medvedev
Russian Prime Minister Dmitry Medvedev called the year 2014 a new starting point in world's history, noting that Western countries ceased to recognize Russia's national interests. "Obviously, with our...

Video

Popular photos

Система Orphus