ADB Approves $30 Million Investment in BlackRock Infrastructure Fund for Asia

ADB Approves $30 Million Investment in BlackRock Infrastructure Fund for Asia

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The Asian Development Bank (ADB) has approved a $30 million equity investment in a BlackRock-managed infrastructure credit fund. This fund targets infrastructure projects in the Philippines and other Asian markets, marking a significant move to support regional development through private sector partnerships.

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Originally published by gnews