ASEAN Infrastructure Fund
The Association of Southeast Asian Nations (ASEAN) established the ASEAN Infrastructure Fund (AIF), a dedicated fund to address the region’s infrastructure development needs, by mobilizing regional savings, including foreign exchange reserves. The fund prioritizes ASEAN member countries and provides loans to finance infrastructure investment projects in the transport, energy, water and sanitation, environment and rural development, and social infrastructure sectors.
At a Glance
Cumulative Project-Specific Cofinancing
$540 million
2020 Project-Specific Cofinancing
- $20 million
In 2020, the AIF cofinanced a total of $20 million in two projects on enhancing agricultural value chain competitiveness and safety in Cambodia and building greenways in a major thoroughfare in the Philippines, the Epifanio de los Santos Avenue.
1 January 2014–31 December 2020 Cofinanced Project
| Country | Project | Cofinancing Amount ($ million) | Type of cofinancinga |
|---|---|---|---|
| Cambodia | Agricultural Value Chain Competitiveness and Safety Enhancement | 5 | L |
| Indonesia | Electricity Grid Strengthening—Sumatra Program | 25 | L |
| Integrated Participatory Development and Management of Irrigation Program | 100 | L | |
| Metropolitan Sanitation Management Investment | 40 | L | |
| Sustainable and Inclusive Energy Program—Subprogram 1 | 100 | L | |
| Sustainable and Inclusive Energy Program—Subprogram 2 | 100 | L | |
| Lao People's Democratic Republic | Second Greater Mekong Subregion Corridor Towns Development | 10 | L |
| Myanmar | Greater Mekong Subregion East-West Economic Corridor Eindu to Kawkareik Road Improvement | 20 | L |
| Philippines | Epifanio de los Santos Avenue Greenways | 15 | L |
| Viet Nam | Ha Noi and Ho Chi Minh City Power Grid Development Sector | 100 | L |
a L for loan cofinancing, ASEAN is Association of Southeast Asian Nations