Macquarie plans infrastructure funds in China and India
The China fund will source money from local investors via a JV with CITIC Securities.
Macquarie Bank is looking to China and India as the next two countries where it is likely to set up infrastructure funds, following its successful fund endevours in Singapore and Korea, the head of the bankÆs Korea-listed fund said yesterday.China and India will both be big with regard to project investment opportunities, which will be the most important factor for how rapidly private investments into infrastructure will be able to grow in the next 10 years. Deal flow will be critical…
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