ASEAN Infrastructure Fund Targets US$13 billion towards ASEAN Connectivity
Washington D.C., 30 September 2011 With an aim of leveraging more than US$13 billion in infrastructure financing, ASEAN Finance Ministers, the President of Asian Development Bank (ADB), and Secretary-General of ASEAN signed the ASEAN Infrastructure Fund (AIF) Shareholder Agreement over the weekend in Washington, D.C. Dr Surin Pitsuwan, Secretary-General of ASEAN, calls the AIF "an [...]