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

  • Dubai to host the 18th IRF World Meeting & Exhibition planned for 2021
    February 10, 2020
    Dubai, one of the world’s iconic cities, has been designated to host the International Road Federation’s World Meeting & Exhibition on November 8th-11th, 2021.
    Read More
  • Extra cash to fix England's winter potholes
    March 5, 2012
    Councils in England will be given more than £100 million (US$161.7 million) of extra funding to spend on repairing potholes, Transport Secretary Philip Hammond has said.
    Read More
  • Key Cambodian construction contract for road repairs
    August 15, 2014
    The Cambodian Government is benefiting from several financial packages aimed at improving the country’s road network. The Asian Development Bank (ADB) is providing a financial support package worth a total of US$118 million that will be used for the Rural Roads Improvement Project II in the country. The package comprises funds from several sources, with a grant worth $5.4 million from the Nordic Development Fund (NDF) and another grant worth $6.67 million from the Australian Government of Australia. It incl
    Read More
  • Serbia’s transport infrastructure pipeline reaches €5.5bn
    June 16, 2016
    Serbia has around €5.5 billion worth of transport infrastructure projects either in progress or in preparation, according to the government. Of the €5.5 billion of contracts, around €3 billion is for roads under construction. Minister of infrastructure, Zorana Mihajlovic, said that around 90km or motorway will be completed this year and another 200km will be rehabilitated. Among these projects is construction of the Nis-Merdare motorway. In the past two years around 170km of motorways were built. Amon
    Read More

Highlighted Content