April 19 (SeeNews) - The China-CEE Investment Cooperation Fund II said on Thursday it has attracted an 800 million euro ($989 million) capital which it plans to invest in the region, including in Romania.
The investment fund is considering to invest in Romania's agriculture, transport, energy and manufacturing sectors, it said in a press release.
You can download the 2023 Agriculture industry in Southeast Europe report here
"We see extraordinary opportunities in Romania and across the region, where high-quality management teams are looking for investors who can help them grow. We are currently analyzing a range of opportunities in Romania in the mentioned sectors, and with the investment capital of the second phase, we are anxious to explore many additional opportunities," the fund's investment director for Romania, Octavian Vidu, said.
"We believe we are ready to invest in the next 12 months in these sectors and to grow together with our partners, Romanian businessmen, " Vidu added.
CEE Equity Partners Ltd. is the sole investment advisor to the fund and will be responsible for sourcing investment opportunities in 16 countries in the CEE region.
The China-CEE Fund II was created in November 2017 and completed its first closing in February 2018 with total commitments of $800 millio million from China EXIM Bank, Hungarian EXIM Bank, Silk Road Fund, and CEE Equity Partners Ltd.
The Fund is registered in Luxembourg as The China Central and Eastern Europe Investment Co-operation Fund II SCS SICAV-SIF.
($=0.8085 euro)