Dec 24 (Interfax) - Russia will receive about $4.2 billion in foreign direct investment in 2001, the head of investment policy at the Economic Development and Trade Ministry, citing preliminary estimates, told Interfax. "This figure is somewhat lower than we expected," Sergei Bayev said. FDI had been expected to rise to about $5.6 billion in 2001 from $4.7 billion in 2000. He said the "dramatic changes in legislation" were the "main problem" that had slowed FDI flows somewhat. Bayev said "economic players point to improvements in the investment climate in 2001 for investors working on the Russian market." Foreign investment 2001 again went largely into the food industry, fuel and energy sector, Bayev said, adding that investment had increased somewhat in the engineering and timber processing sectors. Also, foreign investment in 2001 "began to look at Russian financial institutions, insurance companies and banks," he said.