Asean Infrastructure Funds Kicks Off With Loan to Indonesia

The Asian Development Bank’s (ADB) new Asean Infrastructure Fund (AIF) has provided its first loan to an Indonesian electricity project, the bank said on Tuesday.

“The commencement of AIF’s lending operations is a critical step towards mobilizing regional resources for infrastructure development in the region,” said Bambang Brodjonegoro, Deputy Finance Minister and Chair of the AIF Board of Directors.

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Posted December 5, 2013 by repit in News

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