development agency

development agency

It's been a big week for the Industrial Development Corporation

1d ago
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It's been a big week for the Industrial Development Corporation. Fitch Ratings has upgraded the credit rating of the IDC to AA plus and it released results on Thusday. It announced a strategic alliance with aerospace company, Aerosud Holdings, whereby it will take a 26 percent shareholding in Aerosud. The IDC is a self-supporting development agency that reports to the Minister of Economic Development.