More Public-Private Partnerships Sought for Infrastructure Development

More public-private partnerships are needed to address the demand for infrastructure finance in Asia and sub-Saharan Africa, experts said during a conference supported by the Asian Development Bank and World Bank, and held March 23 in the Philippines. Conference participants noted that Asia needs up to USD300 billion annually to finance infrastructure projects, while sub-Saharan Africa requires approximately USD93 billion per year.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.