Russia's RDIF sovereign wealth fund aims to attract over 7 trillion roubles ($110 billion) from its global partners into infrastructure and technologies, part of its contribution to President Vladimir Putin's move to boost the economy.
After being sworn in for a fourth term as president in May, Putin said he wants to make upgrading Russia's often decrepit infrastructure one of the priorities of his 2018-2024 term as part of a drive to raise living standards.
Putin has talked of building new roads, regional airports and upgrading sea ports and Finance Minister Anton Siluanov has proposed setting up a special fund to finance projects until 2024, worth up to 3 trillion roubles.