The Asian Infrastructure Investment Bank (AIIB) is developing a new platform to attract private capital for infrastructure projects across Asia. This initiative aims to mobilize insurers, pension funds, and other investors to address the region's significant infrastructure funding gap, estimated at US$1.7 trillion annually. AIIB's chief investment officer, Kim-See Lim, indicated that more details about the platform are expected within six to nine months, building on the bank's previous success in mobilizing US$17.5 billion in private capital. AI
RANK_REASON The cluster describes a major financial initiative by a multilateral development bank to address a significant regional funding gap. [lever_c_demoted from significant: ic=1 ai=0.1]
- Asian Development Bank
- Asian Infrastructure Investment Bank
- Hong Kong Monetary Authority
- Kim-See Lim
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