Biographies of the Speakers Click to view
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 |
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Paper 1: Infrastructure Investment and Managerial Oversight: A Pathway to Regional Growth |
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Paper 2: Transition Pathways for Central Asian Energy Infrastructure |
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Paper 3: Silk Road Smart Cities? |
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Paper 4: Attracting Private Sectors in Infrastructure Investment: The Role of Tax Incentives in Indonesia Infrastructure |
Paper 6: Financing Infrastructure in Central Asia: The Water Sector |
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Paper 8: Three Models of Local Public Financing in PRC |
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Paper 9: Impacts of the Patterns of Financing on Logistic Infrastructure in CAREC Member Countries |
Keynote Address 3: Unlocking Private Investment in Sustainable Infrastructure in Asia: Lessons from the Green Climate Fund |
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Paper 10: Increasing Infrastructure Investment with Spillover Tax Revenues |
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Paper 11: The Role of Government in Attracting Private Investment in Suitable Infrastructure: Case of FDI Inflows in Central Asia |
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Paper 12: Government Initiatives to Unlock Private Participation in Infrastructure: Lessons from Indonesia’s PPP in the Water Sector |
Paper 14: PPPs in ASEAN and CAREC and the Scope for PPPs in Renewable Energy Projects |
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Paper 15: Land Pooling-A PPP Model for Sustainable Infrastructure Investment in Delhi |