Malaysian government unit to raise $95m infrastructure fund
Pelaburan Mara, the investment and asset management arm of the Malaysian government’s Majlis Amanah Rakyat agency, plans to launch a MYR300 million ($94.9 million) private equity infrastructure fund early next year to invest in the social infrastructure sector.
The fund will target assets such as hospitals, schools and training institutions that are constructed on the basis of private finance in the public-private partnership model. It will buy into assets that...
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