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Cooperation Agreement between the Regional Government and the Russian Direct Investment Fund Signed in Kaluga

On February12, Kirill Dmitriyev, general director of the Russian Direct Investment Fund, paid a working visit to Kaluga Region.

At a meeting with the region’s governor, the head of the Russian Direct Investment Fund spoke about the potential for implementation of investment projects in economics, community development, road construction and agriculture in Kaluga Region.

Anatoly Artamonov and Kirill Dmitriyev signed a cooperation agreement between the Regional Government and the Russian Direct Investment Fund. The document regulates the provision of consulting, information and legal services in the course of investment project implementation. RDIF will also provide the region support in recruiting leading international investors.

Summarizing the results of his visit, Kirill Dmitriyev gave a high appraisal to the regional authorities’ efforts in creating a favorable investment climate. He also emphasized that in ten recent years the volume of foreign investments in Kaluga Region had increased by 40 times – an indicator that is eight times higher than the national average: “This is a good example for others. We also highly value your concept of industrial parks and the idea of creating a modern logistics center. That is why we are willing to invest in your region. I am sure that leading foreign investors will appreciate the conditions for business that you have created here”.

Reference information:

The Russian Direct Investment Fund was established in 2011 to invest in share capitals, predominantly in Russia, together with leading international financial and strategic investors. The Fund has executed several cooperation agreements with Russian regions, including Republic of Tatarstan, Primorsk Territory, Republic of Bashkortostan, Leningrad Region, Saratov Region, Irkutsk Region and Novosibirsk Region, Republic of Udmurtia, Krasnoyarsk Territory, Republic Sakha and Khanty-Mansi Autonomous District.

Photos by I.N. Maleyev

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