British International Investment

British International Investment plc
Company typeGovernment-owned public limited company
IndustryDevelopment finance institution
Founded1948 (1948)
HeadquartersLondon, United Kingdom
ProductsInvests equity and debt directly and through funds.
Websitebii.co.uk

British International Investment plc, (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation) is the development finance institution of the UK government. The Foreign, Commonwealth and Development Office is responsible for the organisation, and is the sole shareholder. It has an investment portfolio valued around US$7.1 billion (year-end 2020) and since 2011 is focused on the emerging markets of South Asia and Africa via its direct investment and cooperation with important global stakeholders such as Standard Chartered.