Japan investing in South East Asian infrastructure

Japan intends to offer financial aid worth some US$6.47 billion for infrastructure projects in Asean countries. This comes after the recent Asean-Japan Commemorative Summit and Japan-Greater Mekong Subregion (GMS). A large portion of the financial aid will be for investment projects under the GMS regional cooperation. The money will be provided in loans and grants. A five-year infrastructure plan by the GMS has already been approved at a GMS ministerial meeting. The plan covers 55 projects worth some $44.4
January 29, 2014 Read time: 1 min
Japan intends to offer financial aid worth some US$6.47 billion for infrastructure projects in Asean countries. This comes after the recent Asean-Japan Commemorative Summit and Japan-Greater Mekong Subregion (GMS). A large portion of the financial aid will be for investment projects under the GMS regional cooperation. The money will be provided in loans and grants. A five-year infrastructure plan by the GMS has already been approved at a GMS ministerial meeting. The plan covers 55 projects worth some $44.4 billion in combined spending for the construction of transport infrastructure such as roads, bridges and ports. The Japanese Government has already granted soft loans to Thailand and Laos for the second Thai-Lao Friendship bridge.
Finance & Funding Road Structures

Related Content

  • US$5.5 billion Uttar Pradesh in India, road development
    May 17, 2024
    Uttar Pradesh in India is planning US$5.5 billion of road development works.
    Read More
  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro
    Read More
  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More

Highlighted Content