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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Bulgaria approves joint investment venture with Qatar

Posted on 25 February 2011

From Novinite.com: Bulgaria’s Parliament has approved the setting up of a joint venture between the Bulgarian “National Company Industrial Zones” and the Qatar Investment Authority. The future joint venture of the state entities of Bulgaria and Qatar will have a capital of at least USD 500 M, with all of the money being provided by the Qatar Investment Authority.
The funds will be invested in Bulgarian agriculture, real estate, tourism, finance, and other attractive investment opportunities………………………………………..Full Article: Source


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