Region: East Asia and Pacific (EAP)
Country: Global / Non-Specific
Keywords: About PPP, Knowledge Lab
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Document Summary:
In 2009, the Asian Development Bank (ADB) and the ADB Institute projected infrastructure needs for developing Asia from 2010 to 2020 in Infrastructure for a Seamless Asia (Seamless Asia). The study covered 32 of ADB’s 45 developing member countries (DMCs) and four sectors: transport, power, telecommunications, and water supply and sanitation. It projected that total investment needs for the four infrastructure sectors would be slightly above $8 trillion (in 2008 prices) over the 11-year period, or almost $750 billion a year.
This report updates these estimates by presenting infrastructure investment needs for all 45 DMCs from 2016 to 2030, the final year of the United Nations Sustainable Development Goals. Two sets of estimates are presented. The first includes the costs of climate mitigation and adaptation (climate-adjusted estimate). Using this set of estimates, developing Asia will need to invest $26 trillion over the 15-years from 2016 to 2030, or $1.7 trillion per year. The second set of estimates does not include climate-adjusted costs (baseline estimate), and amounts to $22.6 trillion, or $1.5 trillion per year.
Document Details:
This report estimates infrastructure investment needs in Asia and the Pacific between 2016 and 2030. The analysis covers transport, power, telecommunications, and water supply and sanitation. The report describes how much the region will need to invest in infrastructure to continue its economic growth momentum, eradicate poverty, and respond to climate change. It examines how much countries have been investing in infrastructure, using data from a variety of sources—including government budget data, components of gross fixed capital formation, and information on private sector investment. It also presents a snapshot of infrastructure stocks currently available. It concludes with a discussion of the financial and institutional challenges the region must overcome to meet future infrastructure needs.
Updated: April 12, 2022