Languages

International investments down 38 percent

Direct foreign investments in Russia in 2009 declined by 38,4 percent.

Location

A total of 44.9 billion USD was last year invested in Russia, which is a decline of 38,4 percent compared with 2008, figures from the Russian Ministry of Economic Development read. The investments did however show a positive tendency in the last quarter of the year. In Q4, direct investments were 15 percent higher than in Q3 and 16 percent higher than in the last quarter of 2008, Rossiiskaya Gazeta reports. Russian experts believe an investment level of 70 billion USD per year can be restored within 2-3 years, the newspaper writes.