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RDIF Mulls Investment in Ports and Metro Wagons

The state-financed Russian Direct Investment Fund is interested in investing in the Novorossiisk Commercial Sea Port and the Port of Taman and has already formed a consortium of foreign investors for that purpose, the fund's head Kirill Dmitriyev said Thursday.

The fund also plans to help finance the purchase of wagons for the Moscow metro, also with contributions from foreign investors, Itar-Tass reported.

The Moscow government intends to tender three lots for the purchase and servicing of 2,500 to 3,500 metro wagons to be delivered between 2015 and 2020, Dmitriyev said.

Foreign investments in Russian infrastructure projects will reach around $10 billion, Dmitriyev said without specifying a time frame for these investments.

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