US accelerates project-financing in Asean

9 April 2019
The Nation
Aid and development
Asean / Indo-Pacific strategy / project-financing

Amid China’s growing influence in the Asean region through the Belt and Road Initiative, the United States is stepping up its efforts to finance development projects in the bloc as part of its Indo Pacific Strategy.

Washington is keen on financing infrastructure, energy, digital and telecommunication developments in the bloc through the official Overseas Private Investment Corporation (OPIC).

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 Phuwit Limviphuwat

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US accelerates project-financing in Asean

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