Industrialization Fund for Developing Countries
Industrialization Fund for Developing Countries : The IFU invests in joint venture companies in the developing countries, together with Danish companies. It is a revolving Fund whose resourcs were made available by the Danish government. IFU takes part in joint ventures as a shareholder and can provide loans or guarantees for loans. The Fund was established by Denmark in 1967; headquarters are in Copenhagen. Since 1978, Fund operations have been funded solely from the return on investments in developing countries and from other financial assets, with no public financial subsidy
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