Morrison announces $3.5 billion alliance with Japanese bank Sumitomo Mitsui
Wellington-based global infrastructure investment firm Morrison said it has formed a $3.5 billion alliance with Japanese bank Sumitomo Mitsui. The firm said the partnership will open up more infrastructure investment opportunities.
Wellington-based global infrastructure investment firm Morrison said it has formed a $3.5 billion alliance with Japanese bank Sumitomo Mitsui. According to RNZ, the firm said the deal will open up more infrastructure investment opportunities.
The partnership is set to combine the two institutions' capital for infrastructure projects. Morrison said the new opportunities could support investment across the region in the years ahead.
The deal is an example of growing interest from Japanese financial institutions in Asia-Pacific infrastructure. Which projects the alliance ultimately targets is expected to become clearer in the period ahead.
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