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Jakarta Post

AIIB, Aberdeen team up to develop capital markets for infrastructure

  • Kurniawan Hari

    The Jakarta Post

PREMIUM
Luxembourg   /   Sat, July 13, 2019   /  12:25 pm
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AIIB vice president for policy and strategy Joachim von Amsberg speaks during the AIIB annual meeting in Luxembourg on Friday.(Courtesy of AIIB/.)

    The Asian Infrastructure Investment Bank (AIIB) and global asset manager Aberdeen Standard Investment have inked a strategic partnership to help develop debt capital markets for infrastructure in Asia’s emerging economies. The partnership also aims to drive responsible investment in fixed income and build a sustainable environmental, social and governance (ESG) ecosystem in the region. With the partnership, AIIB and the United Kingdom-based asset management company will work closely for the launch of  a “sustainable capital markets initiative”. “So far, debt capital markets have played a small role in infrastructure development projects,” AIIB vice president for policy and strategy Joachim von Amsberg said at a media briefing on Friday. Joachim said he hoped such initiative would make it easier for companies to raise...