More on sovereign wealth funds
Qatar’s sovereign wealth fund is to invest $850 million in Indonesia and has set up a joint venture with the local government to do so.
It is another sign of the willingness of Gulf sovereign wealth funds to invest in emerging economies, particularly in Asia. “I think within three or four years we will see a lot more investments coming into Indonesia. It is a large market with a huge potential,” says Hussain Al Abdulla, a board member of Qatar Investment Authority.
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