OPINION

More private capital and fresh ideas are key to unlocking Asean's growth potential

Asean's infrastructure investment needs are estimated to hit US$3.4 trillion between 2013 and 2030. It is critical that governments, the private sector and and multilateral development banks work in sync

Electric meters being checked in Manila. Today, 76 million people in the Philippines, Myanmar and Indonesia still have no access to electricity. Asean governments still find it tough to meet infrastructure needs required for economic growth and poverty reduction.
PHOTO: REUTERS

ASEAN needs at least a trillion dollars of infrastructure investment in the next five years to keep pace with economic growth, and to meet the goals of ending extreme poverty and boosting shared prosperity. Access to reliable and affordable infrastructure is crucial for any economy to create