EBRD, Russian Direct Investment Fund (RDIF) co-hosted a round-table discussion on private funding for infrastructure

Experts prepare recommendations for G20 leaders

29-5-2013 — /europawire.eu/ — The EBRD and the Russian Direct Investment Fund (RDIF) co-hosted  a round-table discussion on how to unlock private sector funding for the multi trillion dollar global infrastructure  sector, helping to formulate  recommendations for a meeting of G20 leaders later  this year.

Kirill Dmitriev, CEO of the RDIF, who led the discussions with Thomas Maier, the EBRD’s Managing Director for Infrastructure, said cash-strapped governments needed to attract private capital to fund their infrastructure investments, a crucial element in fostering future economic growth.

The panel had highlighted three main areas that would form the basis of recommendations to the G20 Summit to be held in St Petersburg, Russia, on September 5-6.

These centred around the need to reduce restrictions on capital flows, “crowding in” the private sector and making infrastructure investments more efficient and productive via the introduction of best practices, in particular ensuring predictability for investors.

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Experts prepare recommendations for G20 leaders