Emerging Asia faces a massive infrastructure burden. According to a recent report from the Asian Development Bank, around $26 trillion of investment is needed between now and 2030. Outside China, the infrastructure gap for the next four years represents a whopping 5% of GDP.
How can this problem be tackled
It is a perennial question facing governments, corporations and banks in the region, and has been debated endlessly over the last decade. Few long-term solutions have been found, but there is one obvious answer governments need to spend.
Indonesia needs around $1.23 trillion of infrastructure spending between now and 2030. The ADB...