Argan Invest launches its regional fund
Argan Infrastructure Fund has an initial size of 750 MDH.
The first closing of this regional fund, with an initial size of 750 million dirhams and a target size of 2 billion dirhams, took place in August 2010. It will invest in infrastructure segments such as Energy, Utilities, ports, transport and logistics, telecommunications and infrastructure industries. With the aim of allocating 40% of its funds to Morocco, 30% to other North African countries and 30% to sub-Saharan African countries, ARIF fund will intervene as well in the new projects “Greenfield” as in the existing projects “Brownfield and Corporate”, in partnership with leading operators in their field of activity.