Thursday, September 27, 2007

Putin recently stated his 1 trillion dollar investment plan in Russia will be 20% financed by the government with the remaining coming from private industry. This can take the shape of many forms including government controlled entities like UES, Gazprom, railroads etc. Much of it though, will result from local and federal governments facilitating the investment by foreign companies in various industries-as long as they weren’t deemed to be part of the restricted industries deemed to be in the country’s interest. Also look for the issuance of many bonds brought to market and the forming of public-private companies.