Sunday, 26 January 2014

Kuwait Wealth Fund Favours Infrastructure Sector In West » Gulf Business

Kuwait Wealth Fund Favours Infrastructure Sector In West » Gulf Business:



"Kuwait’s sovereign wealth fund, one of the world’s largest, will focus on increasing its infrastructure investments in British, U.S. and European markets and is also looking at the international real estate sector, its managing director said.



Kuwait Investment Authority (KIA) managing director Bader al-Saad also told pan-Arab channel al-Arabiya that growth in capital and real estate markets was unlikely to carry on.



“It is difficult for this growth to continue because the actual circumstances aren’t likely to align again,” he said in an interview on Thursday, according to al-Arabiya’s website."



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