Archive · Business Recorder
ASEAN countries need up to $7.1 trillion for infrastructure but face funding gap, ADB says
MANILA: Southeast Asia’s economies need $7.1 trillion in infrastructure investments through 2040 but the region faces a huge funding gap, the Asian Development Bank said in a new report published on Tuesday. ADB has updated its assessment of the Association of Southeast Asian Nations’ infrastructure needs from almost a decade ago, more than doubling the region’s investment requirements for the next 15 years, from the $3.15 trillion estimate for the 2016-2030 period. Governments should prioritize projects that improve transportation, electricity and health, the bank said. ASEAN governm...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →