Bankers crossing fingers for infrastructure bond push in Budget

They hope for incentives for project owners to bring bankable deals to market, and a fund to defray issuance costs

Published Mon, Feb 15, 2021 · 05:50 AM

Singapore

SINGAPORE'S infrastructure bond market could be given a boost in the upcoming Budget as Singapore prepares to launch a series of big-ticket infrastructure projects.

This includes green infrastructure such as electric car charging points islandwide as Singapore ramps up its sustainability drive. Already, the government has announced ambitious targets to phase out internal combustion engine vehicles by 2040, and plans to build 60,000 public charging points by 2030.