Infrastructure for Asian Connectivity

Infrastructure for Asian Connectivity

ADBI series on Asian Economic Integration and Cooperation

Edited by Biswa Nath Bhattacharyay, Masahiro Kawai and Rajat M. Nag

This book addresses the prospects and challenges concerning both soft and hard infrastructure development in Asia and provides a framework for achieving Asian connectivity through regional infrastructure cooperation towards a seamless Asia.

Chapter 12: Public–private partnerships for regional infrastructure: lessons from the European Union

Edited by Biswa Nath Bhattacharyay, Masahiro Kawai and Rajat M. Nag

Subjects: asian studies, asian economics, asian geography, development studies, development economics, economics and finance, asian economics, development economics, regional economics, urban and regional studies, regional economics


A lack of infrastructure is proving a major constraint in sustaining and expanding Asia’s economic growth, in particular in (re)emerging fastdeveloping countries such as India, the People’s Republic of China (PRC), Indonesia and Viet Nam. Inadequacies of economic infrastructure mean that it is more difficult to make growth inclusive for the poor, many of whom reside in remote and sparsely connected parts of their countries. Internationally, interest in public–private partnerships (PPPs) is growing because it seems to offer a solution that can overcome barriers to development due to a lack of infrastructure. Economic growth to an important extent is dependent on the development of infrastructure, particularly in transport and utilities such as water, power and telecommunications. In addition, as countries develop, there is a need to improve social infrastructure for health and education, as well as many other facilities, including prisons. PPPs allow governments to expand the provision of services by using market tools, rather than publicly provided and managed facilities. They increase the number of services that can be provided within a given state budget, and, more importantly, they increase their value in terms of quality and performance. In some areas, such as information technology and defense, the combination of public and private interests can create commercial value to some applications.

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