Temasek to start investing in Latin America by early
2010
Singapore investment firm Temasek Holdings says it will start
investing in Latin America by early 2010.
Temasek has said previously that 10 percent of its investment
portfolio will be in emerging markets.
Lorenzo Gonzalez Bosco, Managing Director of Temasek Holdings
Mexico, says Latin America has been identified as the most
important new market for the time being.
It has already opened offices in Brazil and Mexico and is currently
looking into what sectors to invest.
Mr Bosco says Temasek will be looking at companies that have very
good opportunities to grow in their domestic markets.
It will also support companies that are becoming regional champions
to help them develop into Latin American multi national
companies.
Temasek will also support companies that are looking to go into the
US and Europe to expand their international presence.
Mr Bosco was speaking during the Latin-Asia Business Forum this
morning.
--938Live