China-LAC Cooperation Fund
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The China-LAC Cooperation Fund (abbreviated CLAC Fund) is a multilateral investment and financing cooperation fund established by the Chinese government. The CLAC Fund is divided into a US$2 billion co-financing facility and US$3 billion investment fund. Both the co-financing facility and fund support investments and projects in Latin America and the Caribbean.[1]
Quick Facts Company type, Industry ...
Company type | Multilateral investment and financing cooperation fund |
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Industry | Investment Management; Project Finance |
Founded | 2015 |
Headquarters | 30 Fuxingmennei Street, Xicheng District, Beijing |
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It is one of three multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other two are Sino-Latin American Production Capacity Cooperation Investment Fund (China-LAC Industrial Cooperation Investment Fund) and the Special Loan Program for China-Latin America Infrastructure Project.[2][3]