AIIB to invest US$150 million in Keppel-Pierfront Private Credit Fund
The Asian Infrastructure Investment Bank (AIIB) has committed a US$150 million investment in Keppel-Pierfront Private Credit Fund to support the infrastructure projects in the Asia Pacific. Out of US$150 million, US$100 million will be invested in the fund, while the remaining US$50 million will be invested in the projects directly.
Keppel-Pierfront Private Credit Fund is a private credit fund focused on providing debt to organizations or projects mainly in real asset sectors across the Asia Pacific region. The scope of investments covers infrastructure, real estate, transportation and logistics, energy and natural resources. The target size of the fund is US$600 million.
Country updates
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June 01, 2021
Blackgold to acquire Tengri Coal and Energy from MGL Development
BlackGold Natural Resources Limited has signed a sale and purchase agreement (SPA) with MGL Development Pte. Ltd. (MGL) for the acquisition of the entire issued and paid-up share capital of Tengr...
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May 17, 2021
Nine contracts worth US$ 320 million awarded for RTS link PPP
RTS Operations, a joint venture between Malaysia's Prasarana and Singapore's SMRT, has awarded nine contracts worth RM 1 billion (US$ 320 million) for rolling stock and system works of Johor Bahr...
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April 22, 2021
Singapore American School announces SGD 400 million campus upgrade
Singapore American School (SAS) announced an SGD 400 million (US$ 300 million) campus upgrade project that reimagines the role of classrooms and buildings in the learning journey and will...
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February 10, 2021
US$ 180 million construction contract awarded for RTS link PPP
The Land Transport Authority (LTA) has awarded the second civil contract for the construction of Johor Bahru – Singapore Rapid Transit System (RTS) Link to China Communications Construction Comp...
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January 14, 2021
Termination of Kuala Lumpur-Singapore HSR PPP project
The government of Malaysia and Singapore has agreed to terminate the HSR Agreement in light of the impact of the COVID-19 pandemic on the economy. Both countries will abide by their respecti...
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