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Offshore oil platform near Sakhalin Island: the area is the site of a £10 billion gas liquefaction plant being developed by Sakhalin |
FOREIGNERS HAVE BEEN eyeing Russia’s wealth of natural resources and 145 million-strong consumer market hungrily for most of the past decade. But the few that attempted an investment often came away with their fingers badly burnt.
Foreign direct investment has remained stuck at about $20 to $25 a head of the Russian population. By contrast, most other countries in eastern Europe can boast per capita FDI of several hundred, if not thousands, of dollars.
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