Private finance is essential to meet Asia’s infrastructure needs. Yet, despite ample available capital, emerging markets' infrastructure plays only a marginal role in most institutional portfolios. The complex challenge facing Governments and Multilateral Development Banks is to transition infrastructure into a competitive mainstream asset class, prioritising projects that not only promote economic growth and social and environmental improvement, but that also meet the risk and return profile of international and regional investors, and financiers.
The most effective strategies to catalyse greater investment into infrastructure in Asia will be explored at the FT-AIIB Summit, which takes place in Hong Kong in October 2018. Hosted by the Financial Times (FT) and the Asian Infrastructure Investment Bank (AIIB), this event, now in its second year, will bring together senior policy makers, investors, financiers and project sponsors to work together on new approaches to bridge the gulf between public and private funding, and share insights on progress made and lessons learned.
Chaired by senior FT journalists, the agenda will feature insights from international investors on the place of infrastructure in their portfolios, and the issues they face in finding and accessing investments that are suitably risk-adjusted. Senior Government and industry figures from countries including Bangladesh, India and Viet Nam will provide updates on how they are improving bankability, tackling issues around project structuring and preparation, while strengthening governance and legal frameworks. The latest pipeline of green and brownfield projects will be analysed, focusing on transport, energy and renewables, with case studies on how financing structures such as public-private-partnerships (PPPs) are evolving to attract private capital and expertise, and share risk in developments across Asia.
This year’s FT-AIIB Summit will connect all the stakeholders involved in the origination, financing and development of infrastructure in Asia to build on the progress already achieved and decide on investment priorities for 2019.