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Agency WPS
The Russian Business Monitor (Russia)
August 24, 2005, Wednesday
OPIC TO INVEST UP TO $100 MILLION IN FORMER SOVIET REPUBLICS
Overseas Private Investments Corporation (OPIC, US) plans to invest
up to $100 million in the former Soviet republics through funds of
direct investments, reports the company. OPIC is prepared to invest
up to $100 million in projects in Armenia, Azerbaijan, Georgia,
Kazakhstan, Kyrgyzstan, Moldova, Russia, Turkmenistan, Tajikistan,
Ukraine and Uzbekistan.
The corporation is also ready to act as a partner and participant of
the newly established funds of direct investments oriented at the
former Soviet republics and to invest up to 33% of the overall
capital of the funds in them.
OPIC plans to spend the money on investments in projects with high
risks including private companies, new business projects, development
of the already existing companies and programs for restructuring and
privatization of companies.
Source: polit.ru, August 23, 2005
The Russian Business Monitor (Russia)
August 24, 2005, Wednesday
OPIC TO INVEST UP TO $100 MILLION IN FORMER SOVIET REPUBLICS
Overseas Private Investments Corporation (OPIC, US) plans to invest
up to $100 million in the former Soviet republics through funds of
direct investments, reports the company. OPIC is prepared to invest
up to $100 million in projects in Armenia, Azerbaijan, Georgia,
Kazakhstan, Kyrgyzstan, Moldova, Russia, Turkmenistan, Tajikistan,
Ukraine and Uzbekistan.
The corporation is also ready to act as a partner and participant of
the newly established funds of direct investments oriented at the
former Soviet republics and to invest up to 33% of the overall
capital of the funds in them.
OPIC plans to spend the money on investments in projects with high
risks including private companies, new business projects, development
of the already existing companies and programs for restructuring and
privatization of companies.
Source: polit.ru, August 23, 2005