Infrastructure

How new FX guarantee platform could boost Asean infra funding

A foreign exchange risk mitigation platform will boost private investment and bond issuance funding infrastructure in Asean.
A currency guarantee system will spur investment in infrastructure in Asean.
A currency guarantee system will spur investment in infrastructure in Asean.

A local currency guarantee platform will give investors more confidence to pour funds into bonds to help finance infrastructure projects in Southeast Asia by mitigating the foreign exchange risks.

That's the hope of Boo Hock Khoo, vice president of operations at the Credit Guarantee and Investment Facility CGIF, which is developing the Infrastructure Investors Partnership IIP.

IIP is expected to be launched at an unspecified future date after getting the go-ahead at a meeting of finance ministers and central bank governors from the Asean3 group of countries The Association of Southeast Asian Nations plus China, Japan, and South Korea.

It...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222