IFC may back Asia water fund
The International Finance Corporation is considering an investment into the AmKonzen Asia Water Fund, a new Singapore-based vehicle targeting to raise up to $100 million for investments into PRC and Southeast Asian water projects.
The IFC may invest up to $20 million in the fund, which is backed by leading Malaysian investment bank AmInvestment, part of the AmBank Group, and Konzen Capital, part of Singaporean water company Konzen...
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