About InfraCo Asia
InfraCo Asia funds early stage, high-risk infrastructure development activities by taking an equity stake in projects and focusing on socially responsible and commercially viable infrastructure projects. Throughout the development process it focuses on managing and mitigating risks so as to facilitate the private sector participation in the successful implementation of sustainable infrastructure projects. InfraCo Asia’s goal is to create commercially viable and sustainable infrastructure projects that contribute to economic growth and social development.
InfraCo Asia is a company of the Private Infrastructure Development Group.
InfraCo Asia selects projects that meet the following criteria:
Projects where private sector developers are unable or unwilling to take on the upfront development costs and risks on their own
- DEVELOPMENT IMPACT
Projects must deliver development benefits for low income communities and meet social and environmental best practices
- COMMERCIAL VIABILITY
Projects must be commercially viable (to attract private investment and ensure a return on the sale of IAD equity)
The Private Infrastructure Development Group, established in 2002, is a coalition of donors mobilizing private sector investment to assist developing countries in providing infrastructure vital to boosting their economic growth and combating poverty. InfraCo Asia is currently funded by three members of PIDG – Australian Department of Foreign Affairs and Trade (DFAT), the Swiss State Secretariat for Economic Affairs (SECO), and the UK Department for International Development (UKAid).
The Department for International Development (DFID) leads the UK’s work to end extreme poverty. We’re ending the need for aid by creating jobs, unlocking the potential of girls and women and helping to save lives when humanitarian emergencies hit.
UKAid is the current donor of InfraCo Asia’s Myanmar development programme.