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Sovereign Wealth Funds Briefing - Categorized | Investment, People

London Mayor eyes Chinese funds for airport

Posted on 22 July 2013

State funds from China and South Korea are preparing to deliver a major boost to Boris Johnson by committing billions of pounds to the construction of a new London hub airport. The Mayor of London have held initial talks with wealthy foreign institutions including China Investment Corporation (CIC) and officials in Seoul about the project.
The preliminary discussions represent a boost to Mr Johnson’s hopes of promoting the Isle of Grain as the location for a new London hub airport, which in recent months has become his preferred choice for unlocking further capacity in London’s skies………………………………………..Full Article: Source


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