Keppel and AIIB Join Forces on USD1.5bn Asia-Pacific Infrastructure Drive

Keppel Ltd has signed a partnership with the Asian Infrastructure Investment Bank (AIIB) to mobilise up to USD1.5 billion for sustainable infrastructure projects across the Asia-Pacific region.

The five-year collaboration will support Keppel’s privately developed projects in renewables, power transmission, transport, and digital infrastructure. The move aligns with Keppel’s broader strategy of delivering sustainable and tech-enabled infrastructure solutions. The AIIB, based in Beijing, will provide capital through both debt and equity instruments.

Keppel’s infrastructure assets under management reached SGD19bn (USD14.91bn) by the end of 2024.