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

Chairman of CIC to visit Egypt

Posted on 21 June 2010

From Ce.cn: 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 percent 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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