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A HUGE infrastructure gap exists in Asean and it has become increasingly clear in recent years that the region may not be able to fund its infrastructure needs.
WASHINGTON: President Donald Trump will ask Congress in his State of the Union address on Tuesday to pass legislation to boost the nation's aging infrastructure, but will not explain how to pay for it, administration officials said.
HONG KONG: Asia’s infrastructure race is just getting started.
KUALA LUMPUR: Malaysian infrastructure development companies should be open-minded and courageous to explore opportunities in the South Asian market.
TO spend or not to spend on infrastructure bringing benefit to a country’s citizens, that is the dilemma of Governments facing slower economic growth and heavy debt burdens.
NEW YORK: BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market, a company document showed.
SINGAPORE: Singapore plans to spur investment in much-needed infrastructure in South-East Asia by helping to structure projects to make them more “bankable”, a senior official said.
SYDNEY: The Australian government has announced a new infrastructure body that will, among other functions, check whether foreign-led bids for key assets, including power grids and ports, pose any national security risks.
PETALING JAYA: Infrastructure jobs awarded during the first half of 2016 amounted to RM30bil, exceeding the value of jobs given out in 2015 at RM26bil.
BEIJING: China’s top economic planning agency said that it would take measures to ensure private investors can compete fairly with state firms in infrastructure projects, traditionally the domain of government-backed enterprises.