Australian contribution of $25m to World Bank facility announced

Australia is providing $25 million to a global facility that aims to promote private sector investment in the infrastructure of developing countries.

Australia is providing $25 million to a global infrastructure facility run by the World Bank. (AAP)

Australia is providing $25 million to a global infrastructure facility run by the World Bank.

The facility aims to promote greater private sector investment in the infrastructure of emerging markets and developing countries, Treasurer Joe Hockey and Foreign Minister Julie Bishop said in a statement on Sunday.

"The strong partnership between the Australian government and the World Bank ... underscores our commitment to lift investment in global infrastructure, a critical component to ensuring economic growth and poverty alleviation," they said.