Russia on rise as government commits to massive infrastructure development

Professional Adviser
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The new Russian government, under President Dmitry Medvedev, will remain committed to massive infras...

The new Russian government, under President Dmitry Medvedev, will remain committed to massive infrastructure spending, which will underpin continuing strong growth of the economy, according to the chief analyst at RZB Group, one of the largest foreign banks operating in the region. Peter Brezinschek, head of Raiffeisen Research (part of the RZB Group), believes Medvedev will honour many of the commitments made by his predecessor, Vladimir Putin, as he seeks to rebuild the depleted infrastructure of the 1990s. The government is committed to spending $400bn by 2015 on 304 projects, while ...

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