By Jeanette P. Malinao / Sun.Star Staff Reporter

Investing in infrastructure is a "necessary condition" to sustain whatever growth Asia has achieved in the past years.

But since Asian governments such as the Philippines apparently lack the money and expertise, governments must help the private sector bridge the "infrastructure gap."

Bill Banks of Ernst and Young Project Finance Advisory told participants in the recent Asia-Pacific Infrastructure Congress in Hong Kong that Asia's strong growth is well-documented, and that it has resulted in an increasing demand for investment in infrastructure.

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Posted by pichu at September 10, 2006 2:06 PM