SINGAPORE (Thomson Financial) - The Asian Development Bank (ADB) and a Singapore government body, Singapore Cooperation Enterprise (SCE), are aiming to foster cooperation between the public and private sectors to meet Asia's infrastructure needs, particularly in the water sector, the ADB and SCE said Tuesday.

They launched Tuesday Asia Infrastructure Project Development Pte. Ltd. (AIPD), which is expected to facilitate investment in the region's infrastructure development.

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Posted by boyang at April 15, 2008 3:20 PM