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« IIFCL to refinance Rs75,000 core worth infrastructure investment: Montek | Main | Govt needs $30bn for mega water and power projects » January 5, 2009Russia's Infrastructure Plan a Risky PlayBy LIAM DENNING In turbulent centuries past, Russia's vast territory and muddy roads helped to bog down invading armies. They are less advantageous in building a modern economy. Since the collapse of the Soviet Union, Russia has invested 2.3% of gross domestic product in public infrastructure, according to Moscow brokerage Renaissance Capital. Western Europe and North America have spent more than 4%. Full Story...Posted by boyang at January 5, 2009 6:50 PM |
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