Rethinking Infrastructure Financing for Southeast Asia in the Post-Pandemic Era
Publication Type:
Publisher:
Asian Development Bank (ADB)
Publication:
February 2023
This report analyzes how the pandemic has impacted investment in infrastructure in Southeast Asia and assesses how infrastructure development can help drive economic recovery and support sustainable growth.
While COVID-19 delivered a blow to developing Asian economies, it also highlighted the importance of investing in infrastructure to improve resilience. The Asian Development Bank ADB estimates that around $1.7 trillion would have to be invested annually in infrastructure across Asia until 2030 to sustain economic progress, eradicate poverty, and respond effectively to climate change.
The report shows how the pandemic hit public financing and altered investor appetites. It highlights the growing need for public–private partnerships and outlines financing models, risks, and trends. It recommends governments create an enabling environment to mitigate investor risk, conduct feasibility studies, and build a pipeline of bankable projects to help finance the infrastructure they need for a resilient future.
Contents
- Introduction
- The Impact of COVID-19 on the Global Economy
- The Salient Role of Infrastructure in a Sustainable Post-Pandemic Recovery
- Trends in Private Infrastructure Financing
- Key Trends and Cooperation Models between Banks and Institutional Investors
- The Role of the Public Sector and Multilateral Development Banks
- Conclusion
Published February 2023.