To tap its full economic potential, Asia faces the challenge of building regional infrastructure that provides efficient and seamless connections across the region and to the rest of the world.
This joint study of ADB and ADB Institute estimates that Asia needs to invest approximately $8 trillion in overall national infrastructure and about $290 billion in specific regional infrastructure projects between 2010 and 2020. It addresses major challenges in developing regional infrastructure - both hard and soft - in Asia, specifically exploring the costs and benefits, financing requirements, and infrastructure priorities in the region.
The key message of the book is that now is the time to forge ahead with the goal of integrating this vast and diverse region - to foster lasting prosperity for all its citizens - through the building of pan-Asian infrastructure connectivity.
The study evaluates existing regional infrastructure programs, policies, and institutions, and makes recommendations to meet these challenges, providing a framework for pan-Asian infrastructure cooperation. It analyzes the European and Latin American experiences in assessing institutions, policies, and frameworks necessary to foster regional cooperation.
- Infrastructure Needs and Regional Cooperation
- Supporting Regional Trade and Investment
- Harnessing the Benefits of Regional Infrastructure
- Developing Effective Policies and Institutions
- Financing Regional Infrastructure
- Toward a Seamless Asia