Time of event

23 September: 14:00–17:25 Tokyo time
24 September: 14:00–17:10 Tokyo time
30 September: 15:00–18:10 Tokyo time
01 October: 15:00–17:30 Tokyo time

Summary

According to the Asian Development Bank (ADB), developing Asian economies will require $26 trillion in infrastructure investment over the next decade to maintain growth momentum, eradicate poverty, and address climate change. In Central Asia, climate change is increasing pressure on water supplies essential for agriculture and electricity generation, the infrastructure for which is largely financed by the public sector—like infrastructure in the region generally.

Attracting institutional investors with investment horizons of 10-20-years such as insurance companies and pensions will be key to meeting this need. It will also be important to address banks’ propensity to invest in short- to medium-term projects consistent with the structure of their assets and liabilities, which results in less compatible infrastructure financing timelines.

This virtual policy workshop co-hosted by ADBI and the Central Asia Regional Economic Cooperation (CAREC) Institute featured new research papers that examine innovative means of attracting private finance to address developing Asia’s infrastructure investment shortfall as well as ways of evaluating the impacts. It drew upon policy experiences and lessons learned among Central Asian countries.

Objectives
  • Assess the role of infrastructure in boosting sustainable and inclusive economic development in Asia
  • Identify challenges to attracting private investment in sustainable infrastructure and potential policy solutions, with a focus on Central Asia
Participants
  • Senior and mid-level government officials from ADB member economies
  • Policy experts from think tanks, international organizations, and academic institutions
Output
  • Greater awareness of new methods of attracting private investment in infrastructure that promotes sustainable and inclusive development in Asia
  • Papers featured during the virtual policy workshop will be considered for publication as ADBI working papers and inclusion in an edited book
Partner

Central Asia Regional Economic Cooperation Institute

Conference Presentations

Keynote Address 1: Sustainable Infrastructure and Citizen Trust
Ramin Jahanbegloo, Global Intellectual, Director, Mahatma Gandhi Centre for Peace and Nonviolence, and Vice Dean of School of Law, Jindal Global University

English, Russian

Paper 1: Infrastructure Investment and Managerial Oversight: A Pathway to Regional Growth
Eugene Chao, The Wharton Business School, University of Pennsylvania

English, Russian

Paper 2: Transition Pathways for Central Asian Energy Infrastructure
David Roland-Holst, University of California, Berkeley

English, Russian

Paper 3: Silk Road Smart Cities?
Nicolas J.A. Buchoud, Founding Principal of Renaissance Urbaine

English

Paper 4: Attracting Private Sectors in Infrastructure Investment: The Role of Tax Incentives in Indonesia Infrastructure
Wawan Juswanto, Fiscal Policy Agency, Ministry of Finance, Indonesia

English, Russian

Paper 6: Financing Infrastructure in Central Asia: The Water Sector
Iskandar Abdullaev, Deputy Director, CAREC Institute

English, Russian

Paper 8: Three Models of Local Public Financing in PRC
Minquan Liu, Professor of Economics, School of Economics, Peking University

English, Russian

Paper 9: Impacts of the Patterns of Financing on Logistic Infrastructure in CAREC Member Countries
Muhammad Ayub Mehar, Iqra University Karachi, Pakistan

English, Russian

Keynote Address 3: Unlocking Private Investment in Sustainable Infrastructure in Asia: Lessons from the Green Climate Fund
Rajeev Mahajan, Project Finance Manager, Private Sector Facility, Green Climate Fund

English, Russian

Paper 10: Increasing Infrastructure Investment with Spillover Tax Revenues
Naoyuki Yoshino, Professor Emeritus Keio University Tokyo Japan/ Former Dean and CEO, ADBI
Nella Hendriyetty, Senior Capacity Building and Training Economist, ADBI

English, Russian

Paper 11: The Role of Government in Attracting Private Investment in Suitable Infrastructure: Case of FDI Inflows in Central Asia
Keun Jung Lee, Bang College of Business, KIMEP University, Kazakhstan

English, Russian

Paper 12: Government Initiatives to Unlock Private Participation in Infrastructure: Lessons from Indonesia’s PPP in the Water Sector
Yohanna M. L. Gultom, Assistant Professor of Economics, University of Indonesia

English, Russian

Paper 14: PPPs in ASEAN and CAREC and the Scope for PPPs in Renewable Energy Projects
Dharish David, Singapore Institute of Management – Global Education

English, Russian

Paper 15: Land Pooling-A PPP Model for Sustainable Infrastructure Investment in Delhi
Gaurav Verma, CEPT University, Ahmedabad, India

English, Russian

Event Contact

SHARE THIS PAGE