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

  • Paying for road development
    April 21, 2016
    All around the world, road expansion and maintenance is both necessary and ongoing. In the developed nations the focus is more on road maintenance and widening, while developing nations are concentrating on new road construction. Road networks are crucial to economic development as well as political stability, which often go hand in hand. The massive growth in the US economy from the 1950s onwards was boosted strongly by the development of the country’s interstate network. But in recent times, funding
    Read More
  • RAC blasts UK Government's poor infrastructure investment
    May 14, 2012
    The UK’s motorists are facing increased congestion and longer delays due to a steady increase in vehicle numbers combined with reduced spending on transport infrastructure. A report by the RAC Foundation warns that there will be 4,000,000 more cars on the UK’s roads in the next 25 years, while the UK’s Government has not explained what plans it has to cope with the projected increase in traffic. The report predicts a 43% rise in traffic volume by 2035, with the biggest increase in the East Midlands. The fou
    Read More
  • Ferry operators sink the financing plan for Fehmarn Belt link
    December 17, 2018
    The Court of Justice of the European Union has said Denmark’s state grant aid to the proposed Fehmarn Belt link is illegal under EU rules. The court noted that the European Commission approved the Fehmarn project’s financing – total cost likely around the €8.7 billion - in July 2015 without a formal procedure. Denmark is completely responsible for financing the project that will replace a ferry service. Part of the funds were to come through the European Union and its Connecting Europe Facility for tr
    Read More
  • Russia's massive road investment continues
    March 23, 2012
    Russia’s road building and upgrading programme is now gathering pace. Russia's Federal Highway Agency plans to bring over 85% of federal roads into conformity with road traffic regulations. The Federal Highway Agency has boosted construction of rural roads by establishing road funds and built over 500km in 2011.
    Read More

Highlighted Content