VOL. XXXIX

No. 8

20-November-1995

GCC

JAIDO To Invest In Non-Energy Sectors Of GCC States

Japan International Development Organization (JAIDO), which is 40% owned by the Japanese Government, has announced plans to set up shortly a new company with a capital of 1bn ($10mn) to encourage Japanese investments in the non- energy sectors of the Gulf Cooperation Council (GCC) states. Private Japanese companies will contribute 400mn ($4mn) towards the capital, and the Japanese Government and...