Aktis Capital seeking $821bn for Chongqing Tourism Development Fund

Asia-focused investment firm Aktis Capital Group is seeking RMB5bn ($821m) for its Chongqing Tourism Development Fund which was launched in March 2012. The fund, which was established in co-operation with the Chongqing Tourism Bureau and the Chongqing Financial Affairs Office, is seeking to build a portfolio of tourism projects in Western China, including those previously …