Stay Close To CG/LA

Facebook Twitter LinkedIn youtube-out picasa RSS Feed

forumsadvisoryintelligence 

Menu

Asean has invested ‘less than half’ of what it will need

May 5, 2017

By: Michael Peel and Jeevan Vasagar

(Financial Times) Southeast Asia's leading economies have some of the wider region's fastest growth rates and most pressing infrastructure needs — as well as the biggest divides between reconciling the two.

Research has highlighted the vast infrastructure gaps in Asean's big six economies of Indonesia, Thailand, Malaysia, the Philippines, Singapore and Vietnam. The countries are not even halfway toward the $2.1tn investment they will need to make between 2015 and 2030, according a 2016 report from HSBC. Indonesia alone was more than $700bn short of its $1.16tn requirements, the bank said...

____

Read More At The Financial Times: https://www.ft.com/content/5f6f3ec6-028c-11e7-aa5b-6bb07f5c8e12