Back in the 70’s, the International Finance Corporation (IFC) entered Asia’s telecom landscape by supporting PLDT’s expansion in the Philippines. Five decades later, it has become the region’s largest developmental institution and is set to continue playing a critical role in supporting the rollout of digital infrastructure to secure connectivity across Asia’s most challenging markets. TowerXchange caught up with IFC’s Chief Investment Officer, Carlos Katsuya to discuss the impact of COVID-19 in the industry and explore what are the most investible markets and new streams for towercos in Asia.
TowerXchange: Although most of our readers are very familiar with the International Finance Corporation and your role in telecom, could you please re-introduce the organisation and your engagement with the Asian telecom infrastructure industry?
Carlos Katsuya, Chief Investment Officer, Infrastructure & Natural Resources, Asia & Pacific, International Finance Corporation (IFC):
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets.