{
  "id": 11163889,
  "title": "Singapore, World Bank team up to turn Asean power grid into investable projects",
  "url": "https://urgent.news/2026/10/01/singapore-world-bank-team-up-to-turn-asean-power-grid-into-investable",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T10:10:57.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/singapore/2026/10/01/singapore-world-bank-team-up-to-turn-asean-power-grid-into-investable-projects/237288"
  },
  "original_language": "en",
  "account": "Singapore and the World Bank have announced a three-year partnership to turn the Asean Power Grid ambition into investable projects. The Asean Power Grid Mobilisation Partnership (AMP) aims to tackle regulatory and other barriers to cross-border electricity trade while promoting regional cooperation, capacity building, and knowledge exchange among Asean member states. The partnership will leverage the World Bank's technical expertise in infrastructure financing, energy markets, and regional power trade. METI Director Conran Chia emphasized the need to address regulatory and bankability hurdles to unlock interest from the financing community. Kristina Svensson, World Bank Singapore Regional Hub Manager, highlighted the importance of sustained regional collaboration, practical solutions, private sector investment, and strong institutional capacity to realize the Asean Power Grid. MOF Director-General Alvin Lim stated that the AMP will strengthen the foundations of Asean's power systems as the region moves towards a more connected and energy-secure Asean.",
  "summary": "SINGAPORE, Oct 1 — Singapore and the World Bank have launched a three-year partnership aimed at turning the Asean...",
  "key_points": [
    "Singapore and World Bank form three-year partnership for Asean Power Grid",
    "AMP aims to tackle regulatory barriers and promote regional cooperation",
    "Partnership leverages World Bank's expertise in infrastructure financing"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}