By John Lee.
On Thursday, an organisation calling itself the "Iraqi Infrastructure Fund (IIF)" published a statement requesting details of projects in Iraq valued at $200 million or more, in the areas of energy, transport, ports and airports.
The statement describes the company as, "a closed-ended, privately funded platform that finances 100 % of your strategic mandate -- zero public debt, 100 % Iraqi workforce, full asset reversion to the state."
According to its website, which was created in September:
"The Iraqi Infrastructure Fund does not seek to raise funds from any investors, and does not promote any investments or provide financial advice through this website or any other channel. The fund has no investors. The Fund (or any of its officers) does not provide any securities and does not trade any securities of any kind. This site is for informational purposes only."
It also claims to be part of Global Infrastructure Funds (GIF) and Global Group of Funds (GGF), both of whose websites were created in August.
(Source: IIF)
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