Industrialization Fund for Developing Countries

The IFU invests in joint venture companies in the developing countries,
together with Danish companies. It is a revolving Fund whose resourcs were
made available by the Danish government. IFU takes part in joint ventures
as a shareholder and can provide loans or guarantees for loans. The Fund
was established by Denmark in 1967; headquarters are in Copenhagen. Since
1978, Fund operations have been funded solely from the return on
investments in developing countries and from other financial assets, with
no public financial subsidy.