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Economist: The fact that our companies turn to foreign investors is normal and this is a trend

Agroholding Kuban, which is part of Oleg Deripaska’s Basic Element, began negotiations with Chinese and Arab investors and funds in connection with the loss of Western investment. He will be offered a stake in the company, media reported today with reference to the managing director of agribusiness “Basic Element” Andrei Oleinik. About the interest of investors from the East and from the Arab countries, Bigness correspondent. Ru talked with the head of the Department of State Regulation of Economics of the RANEPA, the director of the Institute for Public Finance Reform, Viktor Klimanov.

– Will it be possible to interest Arab and Eastern investors in the projects of the Russian agricultural business in the context of loans and high lending rates?

– It seems to me that in any case, Chinese investors are now showing new activity, including in the face of weakening investors from other countries in our country. And it is known that the agricultural industry is also one of the areas of interest for them, and agricultural production is actively developing, at least with the participation of Chinese workers employed in the regions of the Far East and Siberia. Continue reading

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