Showing posts with label Russia's Yakutia. Show all posts
Showing posts with label Russia's Yakutia. Show all posts

Thursday, September 4, 2014

Major Chinese Investment Fund Interested in Russia's Yakutia





Russia’s Sakha (Yakutia) Republic Investment Development Agency and Chinese investment fund Yuntszin have signed a memorandum of understanding for the joint development of investment projects and the creation of a bank and a fund, the agency’s website said.

“The company’s representatives have already visited southern Yakutia and held a number of meetings in Yakutsk. The outcome of the business trip was signing the memorandum, containing specific measures on cooperation development – the creation of a working group to develop the investment project, a common bank and a common fund,” the statement published Wednesday said.
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