The Russian Direct Investment Fund (RDIF) and the Saudi investors have concluded agreements worth around $2.1 billion for investment in various areas, including the Russian infrastructure projects.
DA NANG (Sputnik) – Talking to journalists in Vietnam’s Da Nang, where the APEC Summit is held, The RDIF CEO Kirill Dmitriev praised Riyadh for fighting corruption and reforming the Saudi economy.
„We can see a progressive, clear Saudi Arabian program on reforming its economy, and we will continue our active work both on their investments in Russia, as [the Saudis] will invest in the relief road of the Kutuzovsky Avenue [in Moscow], and on the Russian companies’ investments in Saudi Arabia,“ Dmitriev said.
In October, Saudi King Salman bin Abdulaziz Al Saud met with Russian President Vladimir Putin as part of the Saudi delegation’s visit to Moscow. The Saudi-Russian negotiations resulted in a number of agreements being reached in various fields, including cooperation in trade, investment and economy.
