The Asian Development Bank says predictable public funding could help attract private capital for Southeast Asian infrastructure, where current government spending could cover 45% of projected needs.
Electricity accounts for half of projected investment, while transportation represents roughly one-third, including roads, airports and rail. ADB also urges governments to prioritize projects that improve transport, power and health.
The new figure is more than double the bank’s earlier $3.15 trillion estimate for 2016-2030, but the comparison spans different periods because the new projection runs through 2040.
ADB says private capital remains limited. The report says governments could help narrow the gap by using public funds on predictable terms to encourage private investment.
