Entries tagged "Quality Infrastructure"

  • BRI Raises Concerns in Cambodia | July 22, 2019, 11:02 a.m.

    Despite infrastructure development and employment opportunities generated under the Belt and Road Initiative, there are growing concerns and anti-Chinese sentiment among Cambodians, especially after the collapse of a Chinese-funded apartment construction project that left 28 dead on June 22, 2019, reports Nikkei Asian Review.

  • China Leads Myanmar Infrastructure Spike | July 18, 2019, 9:49 a.m.

    Foreign investment, led by China, in transportation and telecommunications quadrupled to $1 billion in the last six months as Myanmar approved a number of infrastructure projects, Nikkei reports.

  • G20 Osaka Debrief: Quality Infrastructure | July 17, 2019, 9:58 a.m.

    On June 28-29, government leaders representing 85 percent of the global economy convened for the fourteenth G20 Summit in Osaka, Japan. In the wake of the meeting, the CSIS Simon Chair in Political Economy hosted experts including Japan's ambassador to the G20, Koji Tomita, to discuss major outcomes, including China's endorsement of the G20 Principles for Quality Infrastructure Investment.

  • AIIB Courts Private Capital | July 16, 2019, 8:17 a.m.

    The Asian Infrastructure Investment Bank (AIIB) is courting private sector investors to jointly fund infrastructure projects, Nikkei reports.

  • AIIB Mitigates Infrastructure Investments' Risks | July 12, 2019, 9:57 a.m.

    The Asian Infrastructure Investment bank will begin lending in local-currencies in India, Indonesia, Thailand, Turkey, and Russia. The move mitigates the risks foreign exchange fluctuations pose to private-sector companies investing in emerging markets' infrastructure, reports the Nikkei Asian Review.

  • View All Analysis | July 11, 2019, 9:15 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.

  • Can CPEC Meet Pakistan’s Development Goals? | July 11, 2019, 9:13 a.m.

    Supporters of the China-Pakistan Economic Corridor have long argued that the initiative would spur development and improve Pakistan’s macroeconomic fortunes. As Pakistan faces its thirteenth IMF bailout in the last thirty years, it is clear that without serious reforms, the debt incurred to fund CPEC could do more economic harm than good.

  • Achieving Sustainability through Quality Infrastructure | June 27, 2019, 12:06 p.m.

    It is critical that public-sector officials responsible for infrastructure development—both at the local and national levels—commit to transparent practices to secure sustainable financing mechanisms.

  • G-20 to Sign Infrastructure Guidelines | June 3, 2019, 9:17 a.m.

    At this week's Group of 20 meeting in Japan, finance ministers and central bankers are expected to sign sustainable infrastructure investment guidelines to help prevent developing economies from taking on dangerous amounts of debt, reports the Nikkei Asian Review.

  • US-China Rivalry Boosts SE Asia Infrastructure | May 29, 2019, 9:16 a.m.

    Cambodia and other nations across Southeast Asia are emerging as vital staging grounds for a new form of power struggle between China and its rivals. The growth of Beijing's vast Belt and Road Initiative since 2013 has galvanized the U.S. and its allies -- including Japan, India and Australia -- and prompted them to draw up infrastructure and security programs of their own, writes Gwen Robinson for the Nikkei Asian Review

  • Asian Lenders Halt Coal Funds | May 14, 2019, 9:23 a.m.

    The biggest commercial bank in Japan is one of the latest Asian lenders to consider a ban on funding for new coal-fired power stations. Asian banks are recognizing the global threat from climate change and pulling back financing for the world's most carbon-intensive energy source, Nikkei reports.

  • Japan's G20 Infrastructure Push | May 8, 2019, 10:22 a.m.

    As this year's host of the Group of 20 countries, Tokyo is taking the opportunity to push a novel idea: quality infrastructure investment, or QII, reports the Nikkei Asian Review.

  • ASEAN+3 to Insure Infrastructure Financing | May 6, 2019, 9:08 a.m.

    ASEAN members plus China, Japan and South Korea agreed to create a framework insuring private funding for infrastructure projects of up to $1.5 billion under a new program to be called the Infrastructure Investors Partnership, reports Nikkei.

  • Italy Commits to Japan's Infrastructure Principles | April 25, 2019, 9:13 a.m.

    Japan's Prime Minister Shinzo Abe and Italian PM Giuseppe Conte agreed to uphold Japan's four conditions for high-quality infrastructure during a bilateral summit in Rome. Italy recently signed on to China's Belt and Road Initiative, sparking concerns the country would fall prey to "debt-trap diplomacy," reports Nikkei.

  • The Higher Road | April 23, 2019, 9:56 a.m.

    Over the next 15 years, more hard infrastructure is projected to be built around the world than currently exists. As our infrastructure is transformed, so will be the economies it fuels, the regions it connects, and the global commons it underpins. These trends are too powerful and potentially beneficial for the United States to stop, and too consequential to ignore.

  • Maldives Votes to Investigate BRI | April 15, 2019, 9:15 a.m.

    Maldivian President Ibrahim Mohamed Solih's political party has won a super majority in the country's parliamentary elections. The president's party ran on an anti-corruption message that stressed the need to investigate Chinese-financed infrastructure projects that have dramatically increased the country's debt-burned, reports Nikkei.

  • Singapore to Expand Underground Infrastructure | April 4, 2019, 9:42 a.m.

    As Singapore's population grows, the city-state's Urban Redevelopment Authority has announced a plan to expand its urban infrastructure underground. Singapore's geographic constraints demand creative thinking from its government about how to further build out its infrastructure, reports Nikkei.

  • Japan to Check BRI at G20 | March 18, 2019, 9:03 a.m.

    Japan plans to propose new guidelines on development assistance, tentatively titled the "G-20 principles on quality infrastructure investment,” when it hosts the Group of 20 summit in June. The proposal, which will frame anti-corruption and fiscal sustainability as key principles of infrastructure investment, is seen as an attempt to check China’s Belt and Road Initiative, reports Nikkei.

  • Belt & Road Reshapes Nepal's Infrastructure | March 11, 2019, 10:49 a.m.

    China's Belt and Road Initiative is transforming Nepal's domestic infrastructure through new roads, hydropower projects, and other industrial projects. Nepal has accommodated Chinese political interests to keep Chinese investments and exports coming, reports Nikkei.

  • Mahathir warns Philippines about China loans | March 7, 2019, 9:02 a.m.

    While on a state visit to the Philippines, Malaysian Prime Minister Mahathir Mohammad told journalists that if countries borrow money from China they cannot pay back, the country "may be under the control of the lender." The statement was read as a warning to Philippines president Rodrigo Duterte, who accepted a $9 billion credit line from China in 2016, reports Nikkei.

  • Myanmar Seeks Infrastructure Investments | Feb. 28, 2019, 9:13 a.m.

    Myanmar's Aung San Suu Kyi, the de facto leader, convened a forum for foreign businesses in the impoverished Rakhine State, urging attendees to invest in infrastructure throughout the country's rural areas. With national elections in 2020, Suu Kyi has been touring outlying regions in Myanmar promising development initiatives to shore up support for her ruling party, reports Nikkei.

  • Saudi Arabia Offers India $100B for Investment, Infrastructure | Feb. 21, 2019, 9:46 a.m.

    Saudi Arabia's Crown Prince, Mohammed bin Salman, promised to invest up to $100 billion in India's economy in the coming years, including in areas such as infrastructure, energy, and refining. The Crown Prince's visit to New Delhi follows a stop in neighboring Pakistan, where he signed $20 billion worth of investments in the country's flagging economy. The Crown Prince's next stop? Beijing.

  • Japan To Spend $26.5B On Infrastructure Repairs | Dec. 5, 2018, 10:32 a.m.

    Japan's government has decided to spend over $26.5 billion on infrastructure repairs through March 2021 after identifying 132 existing infrastructure problems at airports, along rivers, at hospitals and with the power grid.

  • Pence To Unveil US Infrastructure Plan | Nov. 15, 2018, 10:42 a.m.

    On his trip to Asia, U.S. Vice President Mike Pence will play up Washington's efforts to boost infrastructure investment in the region at a time when China is doing the same with its Belt and Road Initiative, according to the Nikkei Asian Review.

  • APEC To Address Infrastructure Debt | Nov. 14, 2018, 9:13 a.m.

    Japan and several other members of the Asia-Pacific Economic Cooperation forum will propose updating the "APEC Guidebook on Quality of Infrastructure Development and Investment" to include new rules that take into consideration the financial sustainability and transparency of infrastructure debt.

  • Japanese Firms Expect Infrastructure Losses | Nov. 9, 2018, 9:11 a.m.

  • Japan To Expand Cheap Infrastructure Loans | Oct. 19, 2018, 9:54 a.m.

    Japan drafted a plan to offer greater assistance for infrastructure development overseas ahead of a key summit with China next week, as it prepares to pursue joint projects with Beijing in third countries, reports the Nikkei Asian Review.

  • Vietnam Rethinks Chinese Assistance | Aug. 15, 2018, 9:57 a.m.

    Vietnam's Ministry of Investment and Planning issued a warning to its government about Chinese development assistance, citing concerns of high interest rates, project overruns, and a lack of local contribution to the projects.

  • Cambodians Wary of Chinese Infrastructure Investment | July 18, 2018, 10:07 a.m.

    Cambodians remain wary of Chinese infrastructure investment due to China’s growing influence in the country.

  • Japan Aims to Boost Infrastructure Exports | June 8, 2018, 9:13 a.m.

    Japan will offer new loan terms to more businesses with an eye toward its 2020 target of $272 billion in infrastructure exports. The new government infrastructure policy expands low-interest loan eligibility to businesses where Japanese companies have stakes as low as 20 percent.

  • Southeast Asia Financial Integration and Infrastructure Investment | May 30, 2018, 9:52 a.m.

    This report highlights recommendations on how the U.S. might effectively engage Southeast Asia's infrastructure challenges to foster greater stability and financial integration in the region.

  • Vietnam Looks To Japan For Quality Infrastructure | May 25, 2018, 10:41 a.m.

    Vietnamese president Tran Dai Quang said he expects Japan will help Vietnam improve the quality of his country's infrastructure through the use of private funds, public-private partnerships, and build-operate-transfer schemes.

  • The Clouds Gathering around China's Belt and Road | May 16, 2018, 9:25 a.m.

    China's President Xi Jinping promised that his Belt and Road Initiative would be a "plan in the sunshine." But the BRI's outlook is darkening as some actual and potential partners raise concerns about transparency, debt sustainability, and even China's underlying strategic aims.

  • ADB Pressed on Belt & Road, Quality Infrastructure | May 7, 2018, 10:10 a.m.

    The Asian Development Bank hosted its annual meeting on May 3, during which representatives from China and Japan lobbied the bank about future lending strategies.

  • ADB Warns Against Unsustainable Infrastructure Debt | May 3, 2018, 9:40 a.m.

    The head of the Asian Development Bank has warned countries against unsustainable borrowing to fund infrastructure projects, which could lead to debt traps and repayment trouble.

  • Asia’s Infrastructure Contest | April 17, 2018, 4:54 p.m.

    The tug of war between quantity and quality is now at the center of Asia’s infrastructure contest.

  • Manila Airport Expansion in Singapore | Feb. 22, 2018, 9:35 a.m.

    A conglomerate of 7 major companies has submitted a $6.75 billion proposal to expand and modernize Manila airport into a regional aviation hub.

  • The Indo-Japanese Pivot to Africa | Jan. 23, 2018, 8:29 a.m.

    India and Japan's joint vision for an Asia-Africa Growth Corridor (AAGC) could provide a strategic platform to compete with China, however, the plan currently lacks detail and will need to demonstrate commitment and the ability to deliver on both quality and speed.

  • Japan and Myanmar to Cooperate on Infrastructure | Dec. 14, 2017, 9:15 a.m.

    At a meeting in Tokyo, the leaders of Myanmar and Japan agreed to further cooperation in the areas of urban development, transportation, and power infrastructure in Myanmar.

  • India, ASEAN to Propel Asia's Economy | Dec. 7, 2017, 9:34 a.m.

    New projections show India's economy becoming third largest in the world, with other major ASEAN nations surging forward to propel Asian economic growth.

  • Cambodia Seeks PPP Infrastructure Boost | Nov. 30, 2017, 9:15 a.m.

  • Japan Lends $1B for Indonesian Port | Nov. 13, 2017, 9:13 a.m.

    Japan agrees to lend Indonesia $1bn to develop the Patimban Port.

  • Is Asia Reconnecting? | Nov. 6, 2017, 8:56 a.m.

    This report highlights essays from our Big Question series - an analysis collection that explore the drivers and implications of the massive infrastructure push taking place across the Eurasian continent.

  • Abe Pledges $9B in Philippines Infrastructure Aid | Nov. 2, 2017, 11:39 a.m.

    Shinzo Abe has pledged to deliver nearly $9 billion in aid to the Philippines to rebuild battle-damaged areas and improve infrastructure throughout the country.

  • Defining Our Relationship with India for the Next Century | Oct. 18, 2017, 1:17 p.m.

    It is time to expand transparent, high-standard regional lending mechanisms – tools that will actually help nations instead of saddle them with mounting debt.

  • Asia has $26 trillion in infrastructure projects for the taking | Oct. 18, 2017, 9:16 a.m.

    Asia is set to spend $26 trillion on airports and other infrastructure projects through 2030, according to the Asian Development Bank (ADB).

  • Quoted: Xi and Abe on Infrastructure | July 6, 2017, 5:45 p.m.

    Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.

  • World’s Roads “One of the Greatest Security Risks” | June 20, 2017, 9:29 a.m.

    Lord George Robertson, former Secretary General of NATO, discusses "one of the gravest and most preventable security risks that faces people - the risk of death and disability on the world's roads."

  • Infrastructure Boom Offers Fresh Start on Asian Road Safety | June 19, 2017, 8:54 a.m.

    Done right, Asia's massive infrastructure push could improve road safety, particularly for developing economies such as Kazakhstan.

  • Safety on the New Silk Road | June 16, 2017, 10 a.m.

    For developing economies like Kazakhstan, Asia’s infrastructure push offers opportunities to improve road safety.