VOL. XLV
No 3
21-January-2002
CAPITAL MARKETS
$1.5Bn Islamic Development BankFund Ready To Start Investment Program
Following its first closing lastmonth, which amounted to $950mn, the $1.5bn Islamic Development Bank InfrastructureFund is now ready to start its investment program in private sector projectsfor power, telecoms, transport, and natural resource sectors, said the IslamicDevelopment Banks president Ahmad Muhammad 'Ali. The funds equity capitalwill be invested in private infrastructure...
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