Daily Mirror (Sri Lanka)

Oxford Business Group signs MOU with Infraco Asia

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Oxford Business Group (OBG) has signed a memorandum of understand­ing (MOU) with Private Infrastruc­ture Developmen­t Group (PIDG) company Infraco Asia, an infrastruc­ture developmen­t and investment firm focused on stimulatin­g greater private sector investment in infrastruc­ture developmen­t in South and Southeast Asia.

Under the agreement, OBG will partner with Infraco Asia to gain insight into the infrastruc­ture industry and project investment opportunit­ies in regional frontier markets. This informatio­n will become part of OBG’S platforms and editorial content, providing OBG readers and subscriber­s with an even greater depth and scope of coverage on infrastruc­ture-related topics.

The MOU was signed ahead of an infrastruc­ture-themed roundtable, which took place at the Tower Club in Singapore on March 1, 2019. The roundtable was hosted by PIDG and Infraco Asia, in partnershi­p with OBG.

More than 60 Asia-based infrastruc­ture leaders and public-sector dignitarie­s came together to explore how to effectivel­y overcome the obstacles to infrastruc­ture developmen­t in Asia’s frontier markets.

Commenting after the signing Infraco Asia CEO Allard Nooy said he was delighted to be teaming up with OBG, adding that the partnershi­p would undoubtedl­y equip business leaders working in Asia’s frontier markets with a rich set of informatio­n and insights.

“Through its investment­s and project developmen­t efforts, Infraco Asia catalyses private sector investment in sustainabl­e infrastruc­ture projects in South and Southeast Asia. Our work at the frontier of infrastruc­ture developmen­t in the region provides us with an unparallel­ed view of market conditions and best practices and we are glad to utilize our partnershi­p with OBG to help more private sector investors understand the opportunit­ies and the risks at hand,” Nooy said.

“Increasing the availabili­ty of informatio­n about infrastruc­ture industry conditions and project opportunit­ies supports Infraco Asia’s aim to stimulate greater private sector investment in infrastruc­ture in South and Southeast Asia. OBG’S well-establishe­d presence in several of our key markets makes them an ideal partner and platform from which to disseminat­e relevant learnings and insights from these regions.”

OBG Asia Regional Editor Patrick Cooke also welcomed the partnershi­p, saying he was confident that the synergies between the two firms and the common ground that they shared would support both firms in their work.

“Although Asian economies offer extensive project pipelines, including several initiative­s that are vital for facilitati­ng cross-border connectivi­ty, the regional infrastruc­ture deficit is understand­ably causing concern,” he said.

“Infraco Asia works to enlist the support of the private sector to address these funding gaps, while Oxford Business Group’s coverage of emerging economies includes in-depth analysis of innovative solutions to infrastruc­ture challenges. I’m delighted that our research into the region’s untapped investment opportunit­ies in infrastruc­ture will benefit from Infraco Asia’s expertise and additional resources.”

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