Boosting infrastructure in Asean with 'patient capital'

Investing in basic- to mid-level infrastructure in the region entails a long-term stance and a sound knowledge of local operating environments.

As infrastructure spending in the region is expected to increase by 2020, a viable solution is to tap the private sector to augment the public purse.

THE crucial role infrastructure plays in socioeconomic progress is not difficult to understand. Inadequate sanitation, blackouts and traffic gridlock adversely affect the social well-being and economic development of a nation. The McKinsey Global Institute suggests that "a dollar of