Privatising Russia's future

For further growth, panellists at the Russia and CIS Investment Summit in Hong Kong agree that Russia is serious about privatisation.

Privatising Russia's future

Russia has been off investors’ radar for quite some time, despite a brief moment in the spotlight in January 2010, when aluminium company Rusal raised HK$17.4 billion $2.24 billion through its initial public offering in Hong Kong. But with accession to the WTO late last year after 18 years of talks and the decision to hold the Apec summit in Vladivostok this year, Russia is back on the map of investors.

The IMF projects...

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