| Chinese and Qatari sovereign wealth funds are being targeted by the Treasury to offset an “irrational aversion” to construction risk which is delaying projects, the head of Infrastructure UK. Geoffrey Spence has said.
“It’s not because we have a preference for [sovereign wealth funds] investing in these projects, but because in some cases they may be a source of construction equity – certainly I think that’s true for Chinese investors,” he said...............................................Full Article: Source
|