Press Release

Dated 8th February 2021, New Delhi
Asian Infrastructure Sector need continuous attention to maintain Growth. Developing Infrastructure in Asia will need to invest $1.7 trillion per year estimated till 2030, the $14.7 trillion will be for power and $8.4 trillion for transport& Investments in telecommunications estimated $2.3 trillion, with water and sanitation costs at $800 billion over this period. Currently, the Asian developing countries annually investan estimated $881 billion in infrastructure. The infrastructure investment gap (the difference between investment needs and current investment levels approx. 2.4% of GDP). Regulatory and institutional reforms are needed to make infrastructure more attractive to private investors and generate a pipeline of bankable projects for public–private partnerships (PPPs). Asian Countries should implement PPP-related reforms such as enacting PPP laws, streamlining PPP procurement and bidding processes, introducing dispute resolution mechanisms, and establishing independent PPP government units. Deepening of capital markets is also needed to help channel the region’s substantial savings into productive infrastructure investment. Multilateral development banks have financed an estimated 2.5% of infrastructure investments in developing Asia. Excluding the PRC and India, These Banks contributions rise above 10%. A growing proportion of ADB finance is now going to private sector infrastructure projects. Beyond finance, ADB is playing an important role in Asia by sharing expertise and knowledge to identify, design, and implement good projects. ADB is scaling up operations, integrating more advanced and cleaner technology into projects, and streamlining procedures. ADB will also promote investment friendly policies and regulatory and institutional reforms. Keshav Gandhi, Founder & CEO, AsiaTradeHub.com predicts that constant Investment in Infrastructure Sector will help Asian Developing Countries to grow more faster in coming decade.