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

  • Cameroon-Nigeria road link planned
    July 9, 2020
    A new Cameroon-Nigeria road link is being planned.
    Read More
  • IL&FS to widen Patna-Gaya-Dobhi road in India’s Bihar state
    October 16, 2014
    The National Highways Authority of India (NHAI) has awarded a highway widening contract worth US$202 million (INR 12.32 billion) to IL&FS Engineering and Construction Company. IL&FS will widen to four lanes 127km of the Patna-Gaya-Dobhi section of NH-83 in the north eastern Indian state of Bihar. The project is due for completion in three years and it will be undertaken under the Official Development Assistance Loans programme of the Japan International Cooperation Agency (JICA).
    Read More
  • PPRS Nice 2018: maintenance moves mountains
    June 22, 2018
    Strategic maintenance was a major theme at the second Pavement Preservation and Recycling Summit in Nice, France. The world is changing, mobility is changing and so roads must change and adapt for the future.” With this brief statement, Jacques Tavernier opened the second PPRS Summit. “At the same time there is a growing awareness of poor or non-existent maintenance for highways. The question for this conference is how to adapt road maintenance in the face of this challenge,” said Tavernier, in his role as
    Read More
  • Slovakia to tap into the European Fund for Strategic Investment
    December 4, 2014
    The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI). European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy. The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
    Read More

Highlighted Content