The Asian Infrastructure Investment Bank AIIB is ready to step up operations and is itching to link up with private capital to help plug the funding needs of developing countries, not least in Asia where the projected infrastructure spending requirements run into the tens of trillions of dollars.
That was the key message at an industry conference this week in Hong Kong as several senior executives of the multilateral lender lined up to address delegates.
One of the AIIB's core objectives is to facilitate the mobilisation of private sector investments and to that end it hopes to partner up with long-term investors like pension...