09.12.2011 - Fund sets up $1bln Indonesia subsidiary
Qatar’s sovereign wealth fund said yesterday it had established a $1bn subsidiary in Indonesia to invest mainly in the country’s commodities and natural resources sector as part of a strategy to broaden its global investment portfolio. Based in Jakarta, QH Indonesia, a unit of Qatar Holding, the investment arm of the state’s sovereign wealth fund, will “identify and evaluate investment opportunities in Indonesia,” it said in a statement...............................................Full Article: Source
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