Scaling-up sustainable infrastructure in Asia: The role of superannuation and pension funds
OMFIF, Infrastructure Asia and the Australian High Commission in Singapore convened a group of public and private market participants drawn from across the globe, but predominately from southeast Asia and Australasia, to discuss the role of Global Public Investors in scaling up sustainable infrastructure in Asia. Within the Association of Southeast Asian Nations alone, it is estimated that more than 90m will move into urban centres by 2030. This requires new and upgraded infrastructure, as well as asset recycling in some countries. To date, however, investment levels from the private sector remain low. Issues discussed include risk management and the balance between the public and private sector, bankability (perception), local currency financing; guarantees and the development of local capital markets.