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Sovereign Wealth Funds Briefing - Categorized | Market

Abu Dhabi SWF looking into PPP possibilities in Philippines

Posted on 14 December 2012

Abu Dhabi businessmen are “looking at” opportunities in the Philippines, particularly the government’s public-private partnership projects, a Trade official said Thursday. “They are seriously looking at the Philippines and they are interested in PPP projects as well as tourism and hotel facilities,” Trade Undersecretary Cristino Panlilio said.
The Abu Dhabi Investment Authority, which manages the emirate’s sovereign wealth funds, led a mission to the Philippines a few days ago. “In their visit here, they liked what they saw,” said Panlilio. ADIA invests in all the international markets, including equities, fixed income and treasury, infrastructure, real estate, private equity and hedge funds………………………………………..Full Article: Source

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