CEE Equity, based in Warsaw, will invest USD 2 billion in Polish infrastructure projects, such as roads, waste disposal facilities, solar and wind energy among others, wrote Puls Biznesu. According to the managing director of CEE Equity, Rafał Andrzejewski, the fund will have more time to invest then usual equity funds, and will accept lower returns, due to the nature of the infrastructure business. They will also invest in certain projects as a minority shareholder.
“The goal of our investments is not to promote Chinese technology, we are interested in smart and long-term investments,” said Andrzejewski. Chinese investors have been welcomed in Germany, England, France, Romania and Hungary, but they may need to convince the Polish market, due to a botched highway construction contract by Chinese construction company, Covec.