HKMA pushes EM infra investing with $1b pledge
The de facto central bank's commitment to an IFC programme underscored its interest in infrastructure investing, following its opening of an office dedicated to such funding last year.
The Hong Kong Monetary Authority (HKMA) wants to stimulate more global investor funding into infrastructure financing with its $1 billion commitment to a World-Bank associated programme, as part of its broader strategic efforts in the infrastructure space.
The de facto central bank of Hong Kong announced on Tuesday (September 19) that it would invest the money into the Managed Co-lending Portfolio Progamme (MCPP), a financing initiative focused primarily on emerging market infrast…
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