Title:

 Welcoming the ADB, Jica investment fund

Author:

Business Mirror Editorial

Source:

Business Mirror

Date:

 November 24, 2015

Description:

The news that the Asian Development Bank (ADB) and the Japan International Cooperation Agency (Jica) have recently established a $16-billion investment fund for financing infrastructure projects in the Asia-Pacific region is most welcome. The fund will serve as a guarantee that ADB, with Jica support, will be able to underwrite most of the infrastructure requirements of the Asia-Pacific countries.