14.04.2014 - Codelco plans expansion via sovereign wealth fund
Chile is betting on the expansion of state-owned copper producer Codelco, and may turn to its sovereign wealth fund to finance the investment, even as metal prices and economic growth approach four-year lows. Gross domestic product will expand about 3.5 per cent this year, Deputy Finance Minister Alejandro Micco forecast, the first estimate by President Michelle Bachelet’s government that came to office March 11...............................................Full Article: Source
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