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Sovereign Wealth Funds Briefing - Categorized | Investment

Qataris may invest in $1 bln Indonesia plant

Posted on 19 June 2009

From Reuters: Qatari investors are interested in owning an 85 percent stake in a planned $1 billion power plant in Indonesia. The Qatar Investment Authority plans to focus more on energy and commodities, food and water in a strategic overhaul because prices for these products will pick up.

The joint venture plant to be built in Bali is one of many projects planned between Qatar and Indonesia, including investments in natural resources and infrastructure, Alwi Shihab, the President of Indonesia’s special Middle East envoy told the local daily………Full Article: Source


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