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Saturday, December 10, 2005

Russia Ranks Sixth in Global Direct Investment Attractiveness Rating

Photo from www.gettyimages.com08.12.2005 MosNews - The poll, conducted by consulting company A.T.Kearney among top managers of world's largest companies, showed that Russia is among top 10 most attractive investment destinations, right behind Poland and ahead of the rest of Eastern Europe. The consulting company's press release, published on Wednesday, Dec. 7, said that the first place on the list is occupied by China, which has been the world's most attractive investment destination for four years straight. Second place is occupied by India, which is followed by the United States, Great Britain and Poland. Russia occupies the sixth place. Meanwhile in another A.T.Kearney research which was published in March of this year Russia occupied 11th place in terms of attractiveness for direct business investment. The press release also noted that global executives are more eager to commit foreign direct investment in China, India and Eastern Europe than at any time since 1998. This year 54 percent of executives say they are planning foreign investment increases, the largest number since 2000. Global foreign direct investment inflows rose by 2% to $648 billion in 2004, the first positive change in this figure since 2000. Eastern European markets experienced a sharp increase in FDI confidence levels — with Poland (fifth), Russia (sixth), Hungary (11th), the Czech Republic (12th), Turkey (13th) and Romania (25th) all rising in the rankings and all achieving record highs save Poland. Poland, Russia, Turkey, the Baltic States and the Czech Republic rank among the top ten countries with the most upbeat outlooks among investors. As MosNews reported on several occasions, Russia has been receiving record-high levels of foreign direct investment and investor confidence has been on the rise, as proved by various researches and expert opinions.

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