Asian project finance gets boost from AIIB-backed platform

US infrastructure roads highway transport from Adobe 230x150
By Morgan Davis
28 Nov 2019

The Asian Infrastructure Investment Bank (AIIB) and Singapore’s Clifford Capital have launched a new infrastructure debt financing platform that will remove some of the pressure on banks financing projects. It will also position Singapore as the leader in a sector that desperately needs private funds, writes Morgan Davis.

Funding for project finance in Asia is in high demand, as the region strives to update its infrastructure. The Asian Development Bank has estimated that $1.5tr is needed per year until 2030 to keep up with the funding needs. But finance has been lacking, with limited options ...

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