Home > News > VTB to focus on infrastructure investment
December 18th, 2007
VTB to focus on infrastructure investment
Abstract:
Valery Petrov, General Director of Ingosstrakh Investitsii, estimated the government's investment in infrastructure projects (such as housing and nanotechnology projects and the construction of Olympic facilities in Sochi) at about RUR 1 trillion (approx. $40.8bn), with another RUR 1 trillion expected to come from private investors. "This will make at least RUR 2 trillion (approx. $81.6bn). Looking at existing state corporations, we can see that their value has increased many times over since they were founded, which is why the bank's strategy to buy shares in such companies at the beginning of their existence seems reasonable," Petrov believes. At the same time, he said it was unclear which state corporations would go public through an IPO, and whether controlling interest will be offered for sale.
Source:
eng.gazeta.kz
Bookmark:
| Related News Press |
Govt.-Legislation/Regulation/Funding/Policy
Electrifying results shed light on graphene foam as a potential material for lab grown cartilage June 6th, 2025
Institute for Nanoscience hosts annual proposal planning meeting May 16th, 2025
Rice researchers harness gravity to create low-cost device for rapid cell analysis February 28th, 2025
Announcements
Electrifying results shed light on graphene foam as a potential material for lab grown cartilage June 6th, 2025
Quantum computers simulate fundamental physics: shedding light on the building blocks of nature June 6th, 2025
A 1960s idea inspires NBI researchers to study hitherto inaccessible quantum states June 6th, 2025
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||