HSBC Infrastructure Co Ltd (HICL), the banking group's listed infrastructure fund, sees good opportunities in its pipeline despite public expenditure cuts in Britain, it said on Wednesday.

HICL, which invests in UK private finance initiative (PFI) projects such as schools and hospitals, said in an interim management statement it was not affected by the cuts as it invested in schemes already under construction or in operation.

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Posted by mopeng at August 4, 2010 10:36 AM