ADB, JICA to launch new infrastructure fund targeting APAC region

ADB, JICA to launch new infrastructure fund targeting APAC region

File photo: A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila June 17, 2009. REUTERS/Cheryl Ravelo

The Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA) have agreed to launch a new fund aimed at boosting private infrastructure in the Asia-Pacific, where China is making inroads with its investments.

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