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ASEAN's golden age for infrastructure-backed growth

  • Stuart Tait
    Stuart Tait

    Regional head of commercial banking, Asia Pacific, HSBC

Hong Kong | Thu, August 10, 2017 | 01:41 pm
ASEAN's golden age for infrastructure-backed growth Infrastructure race: President Joko “Jokowi” Widodo (third from right) inspects a section of a toll road construction project in Bogor, West Java, during a visit. (JP/Ayomi Amindoni)

PREMIUM The Association of Southeast Asian Nations (ASEAN) marked its 50th anniversary this week with its biggest economies pledging to double infrastructure investments to more than US$700 billion in a five-year span that could enhance trade, tourism and development to drive sustainable economic growth for decades to come. Transportation initiatives are a key focus for budgeted spending in ASEAN&rsquo...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.