Nia Tam
The $100bn multilateral lender is looking to make its first investment by the middle of the year.
The first investment through the platform will be made by its $6bn Asian Fund II.
The Manila-based lender will provide $1.5bn in loans and grants to support the country’s development plan for the next three years.
The agreement follows a plan proposed by Indian Prime Minister Narendra Modi in August to create a $75bn UAE-India vehicle.
The $40bn vehicle will acquire a 9.9% stake in Russia’s Yamal LNG, the world’s largest natural gas development, liquefaction and transportation project.
The merger will see the world’s sixth and seventh largest container shipping operators combine to create the fourth largest global carrier.
The deal marks the Japanese telecoms giant's first step towards meeting its $20bn commitment to clean energy in the country.
The logistics-focused investment firm is launching a new outpost in South Korea in a bid to extend its reach to North Asia.
Having committed $435m to improving transport links in the region, the federal government is looking for project proposals to help it put a dedicated programme in motion.
The next phase of growth for the sector will see investors scale-up assets by building high-yielding portfolios, according to industry experts.