Infrastructure Asia, a project facilitation office set up by Enterprise Singapore and the Monetary Authority of Singapore (MAS), announced in August that they had launched an online platform to increase the exposure of Asia’s infrastructure project pipeline. The online platform is expected to link the government, developers and financiers of infrastructure projects onto a single platform, improving the finding of solution providers and partners for sustainable infrastructure in Southeast Asia, which is expected to reach USD 2 trillion by 2030 and which will require private capital to supplement government spending.
During launch, a dozen projects worth a total of USD 2.8 billion will be available on the platform, located in other countries such as Indonesia, the Philippines, Cambodia, Vietnam, Thailand, and India. These are mainly public sector projects in the energy, water, waste management, supply chain, and logistics sectors. Project owners are able to list their project needs on the platform and solution providers, and financiers can get detailed information about the project, including its value, owner, and developers. Infrastructure Asia will select projects to be listed on the platform depending on whether they are bankable, and whether they fall under the sectors of expertise of Singapore or Singapore-based companies.
(Source: Pinsent Masons)