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Russian direct foreign investment up by 4.6 pct to 13.678 bln usd in 2006


Published :
Tue, 27 Feb 2007 14:57
By : Agencies
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MOSCOW (AFX) - Direct foreign investment (DFI) in Russia rose by 4.6 pct to 13.678 bln usd in 2006, the Russian statistics service said in a statement.

Growth in DFI has slowed from 2005's 38.8 pct growth rate, it said.

DFI represents a little less than a quarter (24.8 pct) of the total foreign investment in Russia, which rose to 55.109 bln usd in 2006, or 2.7 pct higher than in 2005.

Portfolio investments reached 3.182 bln usd in 2006 while 'other investments' (commercial or other credit) were at 38.25 bln usd, a drop of 4.7 pct.

The majority of investments (in all categories) accumulated in Russia until end-2006 came from Cyprus (22.6 pct of the total), then from the Netherlands (16.4 pct), Luxembourg (16 pct), Germany (8.6 pct), Great Britain (8.2 pct), the United States (5.4 pct), the British Virgin Isles (3 pct) and France (2.6 pct).

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