Temasek In Talks To Develop Project-Financing Institution - Lim Hwee Hua

Nasdaq
Singapore Second Minister for Finance Lim Hwee Hua Monday said Temasek Holdings, one of the state's investment firms, is in discussions with potential partners to develop a project-financing institution.
"There is currently limited capacity for large-ticket, long-tenor project finance, especially in emerging markets... the government is working with Temasek Holdings to develop project financing," Lim told lawmakers in parliament. Full story