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Sovereign Fund of Qatar, will allocate $ 2 billion for joint investments with RFPI
The head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, today announced the conclusion of new strategic agreements. Including it was announced the allocation of $ 2 billion for joint investments with the RDIF by the Qatar Sovereign Fund.
Within the framework of the St. Petersburg International Economic Forum, a meeting of the International Expert Council of the RFPI and representatives of the world's largest infrastructure funds was held with the President of the Russian Federation Vladimir Putin.
The head of the RDIF said: "The meeting is attended by the heads of the world's leading funds with capital under management of more than $ 3,6 trillion. This is a trillion more than we had last year. We think it is very significant that the world's largest sovereign wealth funds believe in the prospects of the Russian economy in this difficult geopolitical time. "
The meeting announced the conclusion of new partnerships, in particular with the Sovereign Fund of Qatar, which will allocate $ 2 billion for joint investments with the RDIF.
At the moment, RDIF has already signed partnership agreements with such funds and companies as China Investment Corporation (CIC), Korea Investment Corporation (KIC), Japan Bank for International Cooperation, JBIC), Abu Dhabi Department of Finance, UAE Mubadala Sovereign Fund; Kuwait Investment Fund; French development bank Caisse des Dépôts International (CDC International), Italian strategic fund Fondo Strategico Italiano (FSI), Kingdom of Bahrain Investment Fund Mumtalakat.