BAKU, Azerbaijan, June 26. The Hong Kong
Monetary Authority (HKMA) and the Asian Infrastructure Investment
Bank (AIIB) have signed a partnership agreement aimed at supporting
venture capital (VC) investment in emerging markets across Asia,
Trend reports.
Under the agreement, the HKMA and the AIIB will jointly invest
in a portfolio of VC funds that focus on technology-enabled and
green infrastructure initiatives in developing Asian economies. The
partnership is intended to contribute to innovation-driven growth
in the region while reinforcing Hong Kong鈥檚 role as a hub for
venture capital and financial services.
The initiative is designed to facilitate the development of
innovative technologies and business models that can support
infrastructure transformation and energy transition in the Global
South. By pooling expertise, networks, and financial resources, the
two institutions aim to enhance the availability of capital for
early-stage enterprises in the region.
Financial Secretary of the Hong Kong Special Administrative
Region Government, Paul Chan, emphasized the need for substantial
investment in infrastructure and energy transition across
developing countries. He noted that the collaboration would
contribute to inclusive growth in the region and strengthen Hong
Kong鈥檚 position as a center for finance, innovation, and
technology.
HKMA Chief Executive Eddie Yue said the agreement allows the
Authority to benefit from AIIB鈥檚 experience in sourcing investable
opportunities in emerging Asia within a structured risk management
framework. He added that the collaboration is expected to serve as
a model for scaling capital toward innovation in the region.
AIIB President Jin Liqun described the partnership as a
continuation of the strong relationship between the Bank and Hong
Kong. He noted that by combining the capabilities of both
institutions, the initiative is expected to help mobilize capital,
support infrastructure development, and accelerate sustainable
growth across Asia.