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Fixed asset investment climbs in 2011

25.01.2012
Fixed asset investment in Russia rose over 6% in 2011 on the back of a favorable macroeconomic situation, growing government orders and a better competitive environment, President Dmitry Medvedev said today during a meeting of the economy modernization commission. The president went on to call for a better return on investment in the Russian economy, pointing out that doing business in Russia remains a "complex and risky affair." According to earlier reports, fixed asset investment went up 5.6% year-on-year in January-November 2011 and stood at 6% in 2010. www.rbcnews.com
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