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FINANCIAL NEWS
Qatar Holding to invest USD1b in Indonesia
10 Dec 2011
(MENAFN) Qatar Holding announced the launch of USD1 billion fund to tap Indonesian investment opportunities.
The news comes days after Qatar said it would invest USD1 billion in a joint investment fund with Malaysia to look for investments.
QH Indonesia will be set up in Jakarta, the capital of Indonesia, and will seek investment opportunities, especially in commodities and natural resources sector, in the Asian country.
Qatar Holding is a wholly-owned subsidiary of Qatar Investment Authority, the country’s sovereign wealth fund.
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