thersTotalDirectOthersAll Foreign Investment100.052.147.8100.067.131.8100.032.167.2Non-Production Sector5.79.71.319.615.927.931.415.439.4Production Sector94.390.398.780.484.172.168.684.660.6Industry70.752.890.443.037.652.933.359.320.5Agriculture1.21.80.50.10.10.10.10.30.0Building Industry9.816.62.47.110.01.20.81.50.5Transportation4.17.70.13.73.83.64.07.12.4Source: Russian government Economic Information Center, June 1997The Distribution of Investing CountriesThe foreign investments in Russia mainly come from USA and European Union countries. According to the investment amount, the first three countries are USA, Britain and Germany.It is estimated that, before the year 2000, Russia intends to attract 20 billion dollars foreign investment per year, including 10 billion direct investment.1.3 Joint-Owned Enterprises From 1960s, USSR began to set up some joint-owned enterprises outside its boundaries. Till the end of 1980s, joint-owned enterprises came our within the Russian boundaries.Till 1996, 24168 joint-owned enterprises registered within the Russian boundaries. Till Jan1, 1997, all the registered capital of the joint-owned companies in Russia was 239,ooo billion(old) rubles, and 75% is foreign capital.Table 1.3-1The proportion of Industry Production Made by Joint-Owned Companies in All the Industry Production in Russia (%)DepartmentProportionEnergy IndustryNonferrous MetalFerrous MetalTimber Processing and Pulp IndustryFood IndustryMachine Manufacturing and Metal ProcessingOther Industry27.11.95.98.622.217.7 16.6Source: Russian Economy & Life, July 1997, Issue 29Table 1.3-2The Sector structure of the Output Value of Joint-Owned & Foreign-Owned EnterprisesDepartmentThe Number of Joint-Owned and Foreign-Owned EnterprisesValue of Output( billion rubles)TotalIndustryBusiness and ServiceBuilding IndustryTransportationCommunicationScience and Science ServicesOthers16079342469831182475200813204572076411277077407840813899166769...
