Russia to cooperate with Turkey in investment

The Russian Direct Investment Fund (RDIF) and the Turkish investment holding Ronesans Holding have agreed to expand their investment cooperation. According to RDIF, the potential amount of investment within the partnership between the companies may top $200 mln from each side.

"The sides are searching for attractive investment projects across the Russian Federation. The areas of medical care, construction, infrastructure and commercial real estate have been selected as those of highest priority for cooperation between RDIF and Ronesans Holding," TASS cited RDIF as saying.

A related agreement was signed earlier on Tuesday within the official visit of President of the Republic Recep Tayyip Erdogan to Russia.

Ronesans Holding was founded in 1993.