Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments
Cross Border Infrastructure Investments between South Asia and Southeast Asia to build seamless transport connectivity and strengthen connectivity.
Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, services, and tourism between the subregions. The purpose of the study is to analyze how to strengthen connectivity between the two subregions. Specifically, it is concerned with the role of cross-border transport infrastructure investments to improve connectivity. The author reviews all possible road and rail land corridors that would help create seamless transport connectivity. Missing gaps and corresponding transport infrastructure projects are identified, and projects are screened and prioritized. For the selected critical projects, the study recommends phased investments.