AIIB led group to mobilise funds for Asean green projects
An AIIB led consortium has pledged $6 billion to finance green and tech enabled infrastructure across Southeast Asia.
The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has entered into an agreement with four Malaysian banks, including Maybank, CIMB, AmBank and Bank Pembangunan Malaysia Berhad (BPMB), to jointly mobilise up to $6 billion in financing for sustainable and tech-enabled infrastructure projects across the Asean region.
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