Boosting the Role of Capital Markets for Infrastructure
As governments across Asia continue to seek substantial private sector financing for infrastructure projects, attention is turning to the region's still underdeveloped capital markets as a potential channel for fund-raising. Their role in infrastructure financing, and in particular the creation of an effective municipal bond market in Asia, will be a major focus of the third annual World Bank-Singapore Infrastructure Finance Summit.
The World Bank, the Singapore Ministry of Finance and the Monetary Authority of Singapore, in association with the Financial Times and the World Bank-ASEAN Infrastructure Finance Network, and with AusAID support, will again gather leading policy-makers, investors, contractors and strategists to debate and generate innovative public-private solutions to fund and implement key infrastructure projects.
Experts from outside Asia will contribute their experience and insights to help drive efforts to achieve common standards across the region for infrastructure investment and financing.
The Summit, organised under the auspices of the World Bank-Singapore Urban Hub and chaired by David Pilling, Asia Editor of the Financial Times, will feature:
- an on-stage interview with World Bank President Robert Zoellick
- an opening address from Singapore Deputy Prime Minister Tharman Shanmugaratnam
- exclusive panels of ministers, mayors and financial sector leaders from Asia and beyond
- a unique showcase of urban infrastructure projects and financing structures presented by senior public sector officials and analysed by private sector experts
- a discussion involving investment banks, capital market regulators, ratings agencies and government officials on the potential of bond markets as a tool for infrastructure financing
