ADB feels Asia needs USD8.4 trillion investment for growth trajectory
ADB estimates, Asia’s transport sector will require over USD8.4 trillion in investments until 2030 to continue the region’s growth trajectory while responding to the challenges of climate change.
- Country:
- Philippines
ADB estimates, Asia's transport sector will require over USD8.4 trillion in investments until 2030 to continue the region's growth trajectory while responding to the challenges of climate change. Opportunities exist to close the infrastructure funding gap and direct financing toward more sustainable, resilient transport infrastructure.
The Asian Development Bank (ADB) hosts the Transport Forum every 2 years.
ADB estimates, Asia's transport sector will require over USD8.4 trillion in investments until 2030 to continue the region's growth trajectory while responding to the challenges of climate change. Opportunities exist to close the infrastructure funding gap and direct financing toward more sustainable, resilient transport infrastructure.
The Asian Development Bank (ADB) hosts the Transport Forum every 2 years at ADB headquarters in Manila. The forum is Asia's foremost gathering on transport issues. It brings together governments, funding bodies, and technical experts to discuss current issues facing transport development in the region. This year's forum will provide an occasion to discuss those opportunities and associated challenges under the theme "Financing the Future of Transport in Asia and the Pacific."
ADBI, given its expertise on infrastructure finance, will organize a session on innovative finance, featuring experts on infrastructure finance and public-private partnerships.
Raise awareness of additional and innovative means for financing transport infrastructure investments in Asia and the Pacific. Enhance understanding of public-private partnerships and how this can be harnessed to finance sustainable infrastructure
13 government officials from Cambodia, Maldives, Pakistan, Samoa, Solomon Islands, Tajikistan, Tonga, Tuvalu, and Vietnam.Other experts on transport infrastructure finance.
Enhanced capacity of governments to finance transport infrastructure.
Transport Sector Group, Sustainable Development and Climate Change Department, ADB HQ.
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