Food Industry News

Russian Direct Investment Fund and investors from the UAE to invest in the Russian agricultural sector

A consortium of investors, which include the Russian Direct Investment Fund (RDIF) and the United Arab Emirates sovereign fund of Mubadala, will invest more than 19 billion investment in two Russian project in the field of agriculture and food production.

The funds will be invested in the agro-industrial holding "AFG National" (engaged in the production and distribution of rice) and producer of oil and fat products "Efko," the Russian Direct Investment Fund report.

Joint investment RDIF and Mubadala, as well as other Middle Eastern RDIF partners "AFG National" will be more than 9 billion rubles. The investments will be aimed at increasing the volume of agricultural production, the expansion of the land bank and the construction of agricultural infrastructure, as well as expanding the product line and the development of new brands.

In addition, the Russian Direct Investment Fund, of Mubadala, and a number of other partners, Russian Direct Investment Fund signed an agreement on creation of joint investment of 10 billion rubles. in "Efko" GK. The funds will be used to finance long-term growth "Efko", including entry into new markets of the CIS, the Middle East and Asia.

See also ... 13 / 02 / 2013 “Angstrom” will share rice with AF-Group10 / 09 / 2015 AFG National will invest 40 billion in vegetables 19 / 01 / 2012 Senator takes the horns. Nikolai Olshansky invested in agriculture 08 / 06 / 2012 Lukashenka took an interest in design and application graphics and commissioned to prepare a plan for the development of agro-industrial complex before 2020 and xNUMX / 23 / 05. Investments in the agricultural sector of the Novosibirsk region 2012 / 28 / 12 "Miratorg" has been drawn up in a course and I work for a year in the agricultural sector of the Novosibirsk region 2012 / 03 / 09; EFKO believed in the soy potential of 2013 / 09 / 12. The RDIF is eyeing the 2014 / 02 / 02 hypermarkets. VTB rated agribusiness. His fund will invest up to $ 2012 billion in grain and cattle1 / 31 / 01 By the inch of his native land. The Ministry of Economic Development plans to lease part of seaside land to foreigners2012 / 06 / 12 Agricultural producers of Priangarie received from the state more than 2011 billion rubles since the beginning of the year. 1,6 Alexey Gordeev was offered help with finding loans for farmers28 / 12 / 2011 Regions are connecting to subsidizing AIC2011 / 3 / 13 Israeli investor will build an agricultural complex in Belarus for 09 million dollars

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