ASEAN countries need up to $7.1 trillion for infrastructure but face funding gap, ADB says

MANILA: Southeast Asia’s economies need $7.1 trillion in infrastructure investments through 2040 ​but the region faces a huge ‌funding gap, the Asian Development Bank said in a new report published on Tuesday. ADB ​has updated its assessment of ​the Association of Southeast Asian Nations’ ⁠infrastructure needs from almost a decade ​ago, more than doubling the region’s investment ​requirements for the next 15 years, from the $3.15 trillion estimate for the 2016-2030 period. Governments should ​pr

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