South Asia Needs $2.5 Trillion Investment to Close Infrastructure Gap

11 April 2014

South Asia’s tremendous growth is leading to large infrastructure gaps that must be addressed. According to a new report, “Reducing Poverty by Closing South Asia’s Infrastructure”, closing the gap of South Asia’s development goals and its capability to attain these goals will require investment of $2.5 trillion over the next decade. One third is projected to be spent on transport infrastructure, one third on energy, and the remaining one third on water supply and sanitation, solid waste management, telecommunications, and irrigation.

Current growing infrastructure demands have enlarged the gap and affected South Asia’s manufacturing sector, adequacy of power supply, transport conditions, and predictability of employment. Countries are encouraged to build infrastructure that reduces inequality. The report shows how governments provide infrastructure access to those most in need and explores various innovative and efficient instruments to close the gap.

Read More>>

Mr. Jayant Singh, chairman of the Land Ports Authority of India (LPAI), shared that the LPAI plans to construct seven to...

Read More


The Governments of India and Nepal held the 10th Project Steering Committee (PSC) and the 8th Joint Working...

Read More


Bangladesh reaffirmed its commitment to fostering regional cooperation among Bay of Bengal Initiative for Multi-Sectoral Technical and Economic...

Read More


Tata Power and Bhutan's Druk Green Power Corporation (DGPC) have expanded their clean energy partnership by adding the 404...

Read More


The signing of the $515 million financing agreement between the Government of Bhutan and the World Bank for...

Read More


H.E. Karma Hamu Dorji, Bhutanese Ambassador to Bangladesh, paid a courtesy call to Bangladesh Commerce Minister Khandaker Abdul...

Read More


The Governments of Bhutan and India reaffirmed their commitment to seamless cross-border trade and modernized border management at...

Read More