Launch of the ADB–ASEAN+3 Report: Reinvigorating Financing Approaches for Sustainable and Resilient Infrastructure in ASEAN+3
The report examines how innovative finance can facilitate public–private infrastructure partnerships and become a magnet for private and institutional funds.
Over the past 5 decades, infrastructure development, supported by traditional sources of financing such as government revenue and debt financing, has been a key pillar of economic growth and development in the ASEAN+3 region.
However, the COVID-19 pandemic has unmasked the large infrastructure gaps in healthcare, education, digital, and social infrastructure. Thus, there is a pressing need to identify new ways to encourage greater private sector participation in financing infrastructure development in the region to build back infrastructure in a more sustainable and inclusive manner, in alignment with the Sustainable Development Goals.
A new report, Reinvigorating Financing Approaches for Sustainable and Resilient Infrastructure in ASEAN+3, examines how innovative finance can facilitate public–private infrastructure partnerships and become a magnet for private and institutional funds. It summarizes critical success factors from actual case studies, from within and outside the ASEAN+3 region, that can be adapted, replicated, and upscaled in the ASEAN+3 context for successful implementation.
The Asian Development Bank (ADB), in partnership with the Association of Southeast Asian Nations plus the People’s Republic of China, Japan, and Republic of Korea (ASEAN+3) Finance Process, will launch the publication on 2 May at the sidelines of the ADB Annual Meeting in Incheon, Republic of Korea from 2 to 5 May.
Registration to the Annual Meeting is free of charge. However, participants bear all other costs related to in-person attendance and participation.
