Hudco seeks $1 billion multilateral funding for infrastructure
pre-market1 source ↓written by the desknot a recommendation
- in funding
- $1 billion
- with Germany's KfW
- $200 million
- with the Asian
- $500 million
- from the Asian
- $200-300 million
State-owned Housing and Urban Development Corporation Ltd (Hudco) is pursuing $1 billion in funding for infrastructure projects. Key negotiations include $200 million with Germany's KfW and $500 million with the Asian Development Bank, alongside potential funding of $200-300 million from the Asian Infrastructure Investment Bank. This strategy aims to enhance financial stability and support investment-grade projects.
Not investment advice. For informational purposes only.