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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Egypt to offer opportunities to China SWF

Posted on 16 June 2010

From Bloomberg: Egypt plans to offer China’s $300 billion sovereign wealth fund opportunities to invest in major infrastructure projects as it seeks to diversify sources of foreign inflows, Investment Minister Mahmoud Mohieldin said.
Lou Jiwei, chairman of China Investment Corp., will visit the Arab country this month “to explore opportunities and discuss the possibilities of involving the CIC in Egypt,” Mohieldin told reporters today in Cairo…………………………………………Full Article: Source

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