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June 10, 2008

Private sectors urged to invest in Asian infrastructure

SINGAPORE, June 10 (Xinhua) -- The infrastructure needs in Asiaare great and a large funding gap exists, so many opportunities are created for private sectors to invest in the Asian infrastructure finance market, said Singapore's central bank's chief Kola Luu here Tuesday.

The Asian Development Bank (ADB) has estimated that Asia needs about 300 billion U.S. dollars of investments in infrastructure annually, while a study conducted by the United Nations Economic and Social Commission for Asia and the Pacific suggests that the infrastructure financing gap in Asia could be 180 to 220 billion U.S. dollars annually.

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Posted by boyang at June 10, 2008 4:01 PM