VTB Proposes Attracting Asian Investors for Large Russian Projects

At the St. Petersburg International Economic Forum (SPIEF), VTB deputy chairman Vitaly Sergeychuk proposed a new model for funding large Russian projects through partnerships with Asian investors. Under the plan, a Chinese partner would provide capital, technology, and equipment, receiving a long-term contract to buy the finished output in return.

Sergeychuk noted that existing instruments such as SPIC, SEZs, and ASEZs are often insufficient for such capital-intensive ventures. He argued that new risk-reduction mechanisms are needed, and partnerships with Eastern investors represent one of the most promising avenues.