Thu 21 Feb 2019 / Asia Pacific
Financing emerging Asia infrastructure
Despite much discussion and effort, private capital is still not playing the role it can or should in financing infrastructure projects in emerging Asia. Increased geopolitical uncertainty and shifts in terms of sources of infrastructure financing, as well as broader trade and political partnerships, are accentuating market sensitivity in the region. In the light of such uncertainty, multilateral institutions such as the Asian Infrastructure Investment Bank can bolster public investment, given their ability to lend counter-cyclically and take longer-term exposures.