ASEAN Targets Creation of USD1B Infrastructure Fund

By // 15 November 2009

    The Association of Southeast Asian Nations aims

    in member countries, Reuters reports. Initial pledges include USD200 million each from Japan and China, USD100 million from South Korea, and USD250 million from the Asian Development Bank. ASEAN hopes to launch the fund in 2010.

    About the author

    • Eliza Villarino

      Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.

    Related Jobs

    Most Read

    Trending

    COVID-19

    World Health Assembly

    COVID-19 Trends Tracker

    Funding insights

    Related Stories

    COVID-19Devex

    COVID-19 — a timeline of the coronavirus outbreak

    United NationsDevex

    UN chief presses member states to support CERF's flexible humanitarian funding

    International Development AssociationDevex

    World Bank hits IDA replenishment target despite smaller US pledge

    Sponsored by GileadDevex

    Opinion: Collaborating to lead the region: HIV in Southeast Asia

    Join the Discussion