A.P. Moller plans $750m in projects

A.P. Moller Capital, the asset management division of Danish transportation and logistics conglomerate A.P. Moller Group, announced on Monday that it is targeting over $750 million in investments in the high-growth markets of South and Southeast Asia. The investment company intends to invest in various infrastructure platforms in those markets after setting up an office in Singapore, according to a statement from the firm.

Dhruv Narain, A.P. Moller Capital’s Asia team leader and partner, said in a statement, “This is the next exciting step in the growth of A.P. Moller Capital and our investment business in Asia, where we see significant opportunity.” Narain is a 20-year investment veteran who has worked at companies such as the Macquarie Group, the International Finance Corporation, and the Abu Dhabi Investment Council.

A.P. Moller Capital, which manages over $1.5 billion, has invested in 16 projects. The company’s goal is to invest in high-growth areas in emerging markets, where it can contribute to creating significant infrastructure assets that will benefit local communities while providing investors with attractive returns.

According to the International Monetary Fund, developing countries’ GDP growth is predicted to increase by 6% in 2021, more than double the 2.4% increase projected for developed countries. A.P. Moller Capital is seeking to capitalize on this growth potential by investing in the South and Southeast Asian markets, which it regards as a strategic area for its business development.