1 December 2011.The Asian Development Bank (ADB) has approved an equity investment for a private fund to finance small- and medium-sized enterprises in Southeast Asia.Description: The fund will invest in high growth businesses in target countries which are focused on servicing domestic demand or regional markets. The investments will help spur new growth and employment opportunities in Southeast Asia.Amount: Up to $15 million equity investment from ADB’s ordinary capital resources.Project ID: 45911
For more information: http://www.adb.org/Projects/project.asp?id=45911