Foreign investment in Russia up 32.4 percent in 2005

Xinhua - English


www.chinaview.cn 2006-02-23 05:02:32

MOSCOW, Feb. 22 (Xinhuanet) -- Foreign investment in the Russian economy increased 32.4 percent to reach 53.6 billion U.S. dollars in 2005 from the previous year, the Federal State Statistics Service said on Wednesday.

Direct foreign investment in Russia grew 38.8 percent to 13.1 billion dollars. Portfolio investment increased 36.3 percent to 453 million dollars. Other investment rose 30.5 percent to 40.1 billion dollars.

As of the end of 2005, loans from international lending agencies and commercial loans account for 53.8 percent of total investment in Russia. Direct foreign investment takes up 44.5 percent and portfolio investment 1.7 percent.

Foreign investment grew 36.4 percent in 2004 in Russia. Enditem