Arab partners have been secured as co-investors for construction of the third and fourth phase of Moscow’s Central Ring Road, Russia’s Interfax news agency reported.
Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), made the announcement earlier this month during a meeting of the State Council's presidium in Novosibirsk, chaired by president Vladimir Putin.
Dmitriev did not name the Arab partners but said they “have confirmed their desire” to invest in the third and fourth phases.