The following article is the first of several excerpts that will appear in i3 from Infrastructure Investment,Private Finance, and Institutional Investors: Asia from a Global Perspective,a report commissioned by the Asian Development Bank Institute that reviews infrastructure investment and finance in Asia from a global perspective. The report with footnotes and references is available at www.georginderst.com, www.adb.org, or http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2721577. This excerpt will give an overview of the report and infrastructure financing needs in Asia. The second excerpt — “Supply of Capital” — will be published in the April issue.
Good infrastructure is key to economic growth as well as