Tharman unveils 3 initiatives to draw institutions to infrastructure

Singapore

SINGAPORE'S Deputy Prime Minister Tharman Shanmugaratnam on Tuesday launched three initiatives to make infrastructure investment a more regular feature in the asset allocation of institutional investors.

This is on top of what most regional governments are already doing, which is ensuring bankable projects and stretching public dollars to fund what they can, he said in his keynote opening address at the sixth World Bank-Singapore Infrastructure Finance Summit.