AIIB-led partnership with Malaysian banks pledges $6bn to Asean green infrastructure

The funds will be mobilised to support initiatives such as the Asean Power Grid, in collaboration with four Malaysian banks.

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has entered into an agreement with four Malaysian banks, including Maybank, CIMB, AmBank and Bank Pembangunan Malaysia Berhad (BPMB), to jointly mobilise up to $6 billion in financing for sustainable and tech-enabled infrastructure projects across the Asean region.

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