News / ADB, JICA establish $1.5 billion fund to invest in private infrastructure

ADB, JICA establish $1.5 billion fund to invest in private infrastructure

🕔 April 1, 2016
Climate Investor One fund achieves third close at US$535 million

The Asian Development Bank (ADB) has entered into an agreement with the Japan International Cooperation Agency (JICA) to establish a new fund to support private infrastructure investments across Asia and the Pacific. The fund, Leading Asia’s Private Infrastructure, or LEAP, will be capitalized by $1.5 billion in equity from JICA, and will be managed by ADB’s Private Sector Operations Department.

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