China sovereign fund eyeing infrastructure, green energy
Published: 08 Sep 2009 21:51:19 PSTHONG KONG, Sept 9 - China Investment Corp (CIC), the country's $200 billion sovereign wealth fund, is eyeing investment opportunities in infrastructure, green energy and other forms of innovative energy transmission, a senior CIC executive said on Wednesday.
The price gap between buyers and sellers is narrowing for infrastructure assets, but assets are still not cheaply priced, said Zhou Yuan, CIC's head of special investments department, which oversees direct investments abroad for the sovereign fund.
Zhou said CIC's role is often misperceived outside of China, adding that the sovereign wealth fund planned to be a "very small player" in global infrastructure.
If you believe an article violates your rights or the rights of others, please contact us.
Digg
Reddit
Mixx it
FacebookRelated News
Most Read
- 1BYD Auto to expand into solar energy field
- 2Entrepreneurblues
- 3AUTOSHOW-INTERVIEW-UPDATE 1-Changan Ford Mazda
- 4ANALYSIS-CFTC cautious on position limits, set
- 5Beyond The Anti-Virus Arms Race
- 6Beware of phishing scams if you are using
- 7Help protect yourself from phishing scams and
- 8Xi'an to launch industrial zone
- 9China Longyuan Power plans HK$17.5-bln HK IPO
- 10INTERVIEW-StanChart eyes $800 mln in renewable
