Rivers Corbett
10-14-2008, 12:42 AM
Science has not only shaped current global trends in information technology, nanotechnology and environment. Fund managers and joint ventures also influenced the growth of these trends.
Venture capitalists eventually helped Silicon Valley to flourish. They mostly invested in research and development of nanotechnology and information technology. Similar groups also spurred technology growths in India and China.
Similar to popular social development efforts on poverty and health, international joint ventures are also inspiring more efforts on environment. Often, we witnessed partnerships of politicians and celebrities to pull off awareness and fund raisings for a certain social cause. Eventually, they drew capitalists, corporations and even sovereign-wealth fund managers to invest, as part of their corporate responsibilities.
One similar international joint venture is between General Electric (GE) and Mubadala.
The partnership was odd in the first look because Mubadala is a sovereign-wealth fund manager in Gulf while GE is a company popular for producing household appliances. It was more odd when they set to build eco-cities or carbon-free cities in the desert. Both claimed to have mutual gains, so, the international joint venture is eventually working.
GE and Mubadala look in to be part of an ambitious plan of Abu Dhabi, a rival neighbor of Dubai in infrastructures, to build a carbon-free city Masdar. GE will implement its Ecomagination clean-energy program while Mubadala pours in $4 billion in the international joint venture. Together, they will invest $40 billion.
Both, however, do not invest only for Masdar, not even in 1 city but in the entire Gulf region. GE shall build hubs in the region. In fact, it already has 1 service hub in Saudi Arabia. Mubadala continues to spread sovereign-wealth funds with energy-intensive international companies in the commitment to sustain economic activities as oil and gas reserves slowly depletes.
The international joint venture eventually is working because 6 economic cities are already on the rise in Saudi Arabia.
Here's to your success
Rivers Corbett
Founder - JVBusinessSchool.com
"Award Winning Entrepreneur and Joint Venture Specialist, Rivers Corbett offers an exclusive and exciting opportunity to a limited number of entrepreneurs who are looking to steer clear of the typical ''Get Rich Quick'' hype and build a solid business of * lasting *significance. Click on http://JVBusinessSchool.com for more information on this great offer
Venture capitalists eventually helped Silicon Valley to flourish. They mostly invested in research and development of nanotechnology and information technology. Similar groups also spurred technology growths in India and China.
Similar to popular social development efforts on poverty and health, international joint ventures are also inspiring more efforts on environment. Often, we witnessed partnerships of politicians and celebrities to pull off awareness and fund raisings for a certain social cause. Eventually, they drew capitalists, corporations and even sovereign-wealth fund managers to invest, as part of their corporate responsibilities.
One similar international joint venture is between General Electric (GE) and Mubadala.
The partnership was odd in the first look because Mubadala is a sovereign-wealth fund manager in Gulf while GE is a company popular for producing household appliances. It was more odd when they set to build eco-cities or carbon-free cities in the desert. Both claimed to have mutual gains, so, the international joint venture is eventually working.
GE and Mubadala look in to be part of an ambitious plan of Abu Dhabi, a rival neighbor of Dubai in infrastructures, to build a carbon-free city Masdar. GE will implement its Ecomagination clean-energy program while Mubadala pours in $4 billion in the international joint venture. Together, they will invest $40 billion.
Both, however, do not invest only for Masdar, not even in 1 city but in the entire Gulf region. GE shall build hubs in the region. In fact, it already has 1 service hub in Saudi Arabia. Mubadala continues to spread sovereign-wealth funds with energy-intensive international companies in the commitment to sustain economic activities as oil and gas reserves slowly depletes.
The international joint venture eventually is working because 6 economic cities are already on the rise in Saudi Arabia.
Here's to your success
Rivers Corbett
Founder - JVBusinessSchool.com
"Award Winning Entrepreneur and Joint Venture Specialist, Rivers Corbett offers an exclusive and exciting opportunity to a limited number of entrepreneurs who are looking to steer clear of the typical ''Get Rich Quick'' hype and build a solid business of * lasting *significance. Click on http://JVBusinessSchool.com for more information on this great offer