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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China wealth fund eyes Egypt investment

Posted on 17 June 2010

From Tradearabia.com: The chairman of China’s sovereign wealth fund, which manages $300 billion in assets, will visit Egypt to discuss infrastructure and other possible investments in the Arab world’s most populous nation, a minister said.
Egypt, whose economy has kept growing at around 5 per cent throughout the global financial crisis, wants to push foreign direct investment (FDI) back to around $10 billion a year, the level it hit before the world downturn……………………………………………Full Article: Source

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