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Title:
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Welcoming the ADB, Jica investment fund
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Author:
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Business Mirror Editorial
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Source:
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Business Mirror
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Date:
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November 24, 2015
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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.