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

Putin: Instead of exceptionalism, USA sows chaos in the world
Putin: Instead of exceptionalism, USA sows chaos in the world
Russian President Vladimir Putin appeared on international discussion forum Valdai on October 24 in Sochi. During his speech, Putin cracked down on the US-led politics in the Middle East and the rest...
The Dirty Politics of the Nobel Peace Prize
The Dirty Politics of the Nobel Peace Prize
The award of the 2014 Nobel Peace Prize to Pakistan's Malala Yousafzai and India's Kailash Satyarthi raises anew the persistent question concerning the dirty politics of the Norwegian Nobel Committee...

Video

Popular photos

Система Orphus