Monetary Authority of Singapore Annual Report 2012/2013

A PURPOSEFUL FINANCIAL CENTRE

Infrastructure Finance

Infrastructure financing continues to be a key sector in Singapore’s financial markets in supporting regional growth and financing needs. Together with other government agencies, we are bringing together expertise from across the infrastructure value chain, from project developers to Engineering, Procurement and Construction (EPC) players and multilateral development banks, to leverage on Singapore’s status as a financial centre to facilitate investments into Asia’s immense infrastructural needs. For example, the World Bank’s investment arm, the International Finance Corporation (IFC), will be setting up in Singapore its first Asset Management Company (AMC) office outside Washington DC, to invest in infrastructure projects in emerging markets. The AMC manages the IFC Global Infrastructure Fund, which will invest equity into infrastructure projects on a commercial basis. In addition, national export credit agencies such as JBIC and KfW have set up offices in Singapore to serve corporates that wish to tap on infrastructure opportunities in the region.