Malaysia, ADB pledge US$150mil each to Asean Infrastructure Fund


KUALA LUMPUR: Malaysia has pledged US$150 million for the Asean Infrastructure Fund (AIF), in a move to boost connectivity within the 10-member countries, Deputy Prime Minister Tan Sri Muhyiddin Yassin said today.

The Asian Development Bank on its part also pledged US$150mil for the fund, which will provide support in terms of financing major infrastructure development projects in the Asean region.

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