Blackstone, KKR, and Brookfield have joined forces to acquire a stake in Kuwait’s pipeline assets in a landmark $16 billion deal, signaling a major boost to the region’s energy infrastructure, Financial Times reports

Best Asian Daily Information Website

Blackstone, KKR, and Brookfield have joined forces to acquire a stake in Kuwait’s pipeline assets in a landmark $16 billion deal, signaling a major boost to the region’s energy infrastructure, Financial Times reports

The World Bank has greenlit a $300 million grant to supercharge Tajikistan’s Rogun Hydropower Project, set to elevate energy capacity and ignite economic growth across the region
India’s Prime Minister Modi strengthens energy cooperation with Bhutan, unveiling a $450 million credit line to boost hydropower projects and deepen bilateral ties, Reuters reports.

Turkmenistan has surged ahead as the leading destination for Turkish investments in Central Asia, drawing substantial capital in energy, construction, and trade. This trend highlights the strengthening economic bond between the two countries

BlackRock is gearing up to invest in the dollar-denominated debt of Shapoorji Pallonji’s unit, sources told Reuters. This exciting development highlights the rising global appetite for India’s booming infrastructure financing sector

Bhutan Power Corporation Limited partners with IFC to enhance electricity reliability and modernize the power grid, aiming to improve energy access and support sustainable development in Bhutan.

Turkey has secured more than $6 billion in international funding for the groundbreaking Bosphorus Railway Project, poised to revolutionize Asia-Europe trade and travel by boosting connectivity and slashing transit times

East Timor’s president has declared a renewed spirit of trust among stakeholders, igniting hope to finally revive the long-delayed Greater Sunrise gas project. This ambitious move aims to accelerate the nation’s economic growth and transform its energy sector

The Asian Infrastructure Investment Bank (AIIB) has enthusiastically welcomed Turkmenistan as a prospective member, marking a significant boost for regional cooperation and unlocking new investment opportunities across Central Asia, the Caspian Post reports

The disaster-prone Philippines poured billions into flood control projects to combat relentless floods. However, a CNN investigation reveals that officials allegedly looted funds, undermining efforts to protect vulnerable communities.

Global Infrastructure Partners has announced a strategic investment in Aboitiz InfraCapital, marking a significant move in the Philippines’ infrastructure sector and bolstering long-term growth prospects, FinanceAsia reports.