Emerging Markets Partnership to set up 1bln usd Indonesia infrastructure fund

JAKARTA (XFN-ASIA) - Emerging Markets Partnership (EMP), a Bahrain-based private equity investment company, said it plans to launch an Indonesian Infrastructure Fund worth 1 bln usd in the next 3-6 months, a company official said.

'It is a private equity fund. All of the funds will be invested in infrastructure projects,' EMP Indonesia operation's director for investments Dimitri Pantazaras told XFN-Asia on the sidelines of a major infrastructure conference here.

'We're looking to invest in many kinds of infrastructure projects, including toll-roads, ports, etc. But we haven't made any decision yet on which specific projects we're going to participate in,' he said.

He said EMP currently manages several global infrastructure funds worth 7 bln usd.