KUALA LUMPUR, June 29 — Funding for Asia-Pacific (Apac) infrastructure projects will become increasingly diversified in the “new normal” following the Covid-19 pandemic, according to a report by Moody’s Investors Service. In a statement today, the credit rating firm said this is...
Monday, 29 Jun 2020 04:55 PM MYT
“The Asia-Pacific infrastructure sector has so far proven itself mostly resilient to the impact of the coronavirus, with just five per cent of the nearly 200 rated infrastructure companies having high exposure to the virus. Similarly, Moody’s said, while multilateral development banks’ funding have increased in response to the pandemic given their important role in mitigating the economic and financial impact, these banks were likely to focus on broader objectives than just infrastructure.
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