Qatari Sovereignity plans to invest in the French "Ardian" fund for chips

The Qatar Investment Authority plans to participate as a major investor in the Ardian fund for the semi -conductors, a fund created by the French Special Parks Company “Ardian” to invest in the electronic disc industry in Europe. The Qatari Sovereign Fund said that this step reflects its “belief in the penetration of semiconductor in the global economy, and its impact on digital and green transformations on various major sectors such as artificial intelligence, transport and consumer technology,” but it did not reveal the conditions of the agreement. The agency is also working to increase its investments in the technological sector, and to lead the financing rounds conducted by the sector companies in the light of the Golf State’s attempt to diversify its economy. The fund has already invested in the company “Kokusai Electric”, a semiconductor manufacturing business, and it also gained a minority interest in that business last year. Read more: The Qatar Investment Authority is preparing for more transactions worldwide, and the fund added in a statement: “The semi -conductor and the associated supply chain are still an important investment field for the Qatar Investment Authority in all regions.” The company “Ardian”, which oversees or advises a $ 164 billion asset package, said it has launched the investment fund in semiconductors, so that the ‘preferred partner is in the chain of semiconductor value’. According to the website, the company also offers capital solutions and operating experience to its customers. The demand for semiconductors is expected to double during the next decade, which opens the door for enormous opportunities in this sector, especially in Europe, according to the French company.