China International Fund (CIF) is a Chinese-owned group of Hong Kong investors that describes its major businesses as including "large-scale national reconstruction projects and infrastructure construction in developing countries".
[1] The CIF and its associated companies in Hong Kong and Singapore invested upwards of $US 20 billion mainly in unstable African dictatorships.
He added that CIF continues to benefit from the Hong Kong-based owner's 'close relationship' with President Dos Santos.
In October 2009, the military junta that ruled Guinea made a mining-and-infrastructure deal with China International Fund.
CIF planned to invest at least $US 7 billion in a partnership to develop the country's mining of mineral resources, including diamonds, iron ore, oil and especially bauxite.