ADB infrastructure investments (ABII) will allocate 50 billion dollars for Russian infrastructure projects under the concept of “economic belt of the Silk Road”

ABII total capital of which is $ 100 billion, created on the initiative of China to finance infrastructure projects in the framework of the concept of “economic belt of the Silk Road.” The concept is in large-scale investments in infrastructure and related projects in a number of countries that come through trade flows between Europe and Asia.

According to Maxim Sokolov, ABII may, in particular, to finance projects such as the construction of the port of Taman, “which will also accumulate as the influx of goods from China, Kazakhstan and other countries in the North-South corridor”, a high-speed highway “Moscow-Kazan “and the Transport Corridor Europe - Western China. “Plus - the development of railway infrastructure, and here, perhaps, an interesting project is the project of construction of a logistics center in the Chelyabinsk region for cargo handling, which come from western China, through Russia to Europe”, - the minister said.

On plans to invest in Russian projects from the Asian community has stated during the signing of gas agreements, reminds Valentin Ostrovsky, Project Manager “Intercomp.” Priority projects for investment, in his opinion, may be the following - additional pipe to the gas transportation system of Yakutsk and Irkutsk gas production centers “Power of Siberia”, the project implementing Gazprom and China. Interesting investment may be the construction of high-speed railway from Moscow to Beijing, as well as the transformation of Vladivostok in the transport hub. The latter project could be very promising in connection with the introduction of a limited number of days visa-free regime from an economic standpoint, the region attract a significant number of tourists.

Russia is extremely interested in these investments, he said, especially in view of the current economic constraints in the financial markets and the difficulty in attracting loans. For our country, it will be a good opportunity for major infrastructure infusion. Asian businessmen are also interested in investing in Russia, but it is unlikely to be a large number of businessmen. Basically investments can be expected from China.

However, stresses the adviser to the chairman of the presidium of the Association of Young Entrepreneurs of Russia Denis Rassomahin, the priority projects has not clearly defined, so far as they are important, difficult to say. In any case, exactly ABII funds will be invested in infrastructure projects, which are connected with commercial messages with Asian countries (mainly China). This will improve trade relations and will help countries to increase trade turnover between them, so plan similar investments in infrastructure Russian projects.

22 June 2015

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