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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches, Investment

US$1b Qatari Investment Fund nears realization

Posted on 03 March 2010

From Thejakartaglobe.com: After months of uncertainty, Qatar Holding, the investment arm of the sovereign fund Qatar Investment Authority, is on the brink of establishing a wholly owned investment vehicle in Indonesia with start-up capital of $1 billion, a senior Indonesian official said on Tuesday.

Gita Wirjawan, chairman of the Investment Coordinating Board (BKPM), said the investment company could be officially established by the end of the month. “Qatar is interested in investing in the infrastructure, energy and services sectors,” he said……………………………………….Full Article: Source


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