ADB, JICA establish $1.5 billion fund to invest in private infrastructure
- Asian Development Bank (ADB)
- Japan International Cooperation Agency (JICA)
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.
If you are an existing subscriber please sign in to read this article in full.