Asean Infrastructure Fund coming soon?
Asean leaders last week advanced the idea of the Asean Infrastructure Fund (AIF), with some saying it will become reality in May 2010.
The AIF, which will be operated through the Asian Development Bank in Manila, is intended to support entrepreneurial infrastructure projects other than those already able to raise investment through ADB bonds. Roads and transport are expected to get most attention.
The smooth flow of goods and services around the region is essential to economic development, and advances Asean’s goal of becoming a more integrated economic community by 2015.
- Japanese Road Show to discuss opportunities in ASEAN
- World Bank Group to open office in Singapore
- Google keen on Indonesian market, less keen on local regulation
- More on Indonesia’s entrepreneurial spirit
- Indonesian courier start-up Go-Jek wins fame, prize
- Indonesia needs more reform to reach potential
- Infrastructure, construction boom in Southeast Asia: Reuters
- Temasek, Khazanah team up for Singapore-Malaysia developments
- Philippines opening up business links in New Zealand under FTA
- Nomura optimistic on Indonesia’s progress