Hungary and Indonesia launch Investment Fund
Date
April 27, 2021
Type
Funds & Investments
Subtype
New fund announced
Subsectors
Oil & Gas
Housing
Road
Railway
Telecom
Wastewater
Industrial
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Hungary and Indonesia have announced Indonesia-Hungary Investment Fund, which will support infrastructure projects in Indonesia. The fund will raise investment from private as well as public entities. The government of Hungary has already prepared funds of US$ 250 million through the investment fund.
The fund agreement was signed by both country's foreign ministers on February 16, 2021.
