Sunday 14 October 2012

Mubadala eyes Asia for future of growth - The National

Mubadala Development, the strategic investment company owned by the Abu Dhabi Government, plans a new round of expansion aimed at Asian growth markets, including the two biggest: China and India.

"On a global platform, we have to get into India and China," Khaldoon Al Mubarak, Mubadala's chief executive and managing director, told The National. "Today the story is all about getting into areas where there is growth, and those countries, along with Korea and Singapore for example, are where the growth is going to be."

This month, Mubadala celebrates a decade as a corporate entity: "The template driving the next 10 years will remain the same," said Mr Al Mubarak. "We have to focus on assets and how to derive maximum value from them. The next sector will be the one that fits the same criteria as the past ones. We have to have continuity."

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