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

  • Tanzania’s work on East Africa’s multi-national road project
    November 28, 2022
    Tanzania is kick-starting construction work on the missing link in East Africa's multinational road
    Read More
  • Papua New Guinea road rehab plan
    June 11, 2018
    The Asian Development Bank (ADB) is providing a loan facility that will help Papua New Guinea to rebuild its Highlands Highway.
    Read More
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
    Read More
  • Paraguay plans public projects
    March 10, 2014
    Paraguay is planning to launch a series of project tenders during 2014. The country's public works and communications ministry (MOPC) intends to invest some US$700 million in 19 infrastructure road tenders during 2014, according to Business News Americas. Two tenders for the construction and rehabilitation of Asunción's eastern access road and the Cruce Guaraní-Pindoty Porá route in Canindeyú department have already been launched. These are due to be awarded shortly. In the first quarter of 2014, MOPC aims
    Read More

Highlighted Content