ESR's ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund
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The Export-Import Bank of China, GezhoubaGroup Overseas Investment Corporation,China Road & Bridge Corporation and ARA have together committed US$1 billion to CAF II. - The fund will invest in ASEAN countries across various infrastructure, energy resourcesincluding renewables, and ICT sub-sectors, with a strong focus on sustainability and ESGstandards.
- Jeffrey Shen and Stuart Gibson, ESR Co-founders and Co-CEOs, said: "We arevery proud of our ARA Infrastructure team for setting up the largest ASEAN-focused private infrastructure fund.
- Dedicated to supporting the foreign trade sector, the Export-Import Bank of China takesASEAN countries as key areasfor business development.