Funding Asean’s infrastructure demand

The region’s businesses are being held back by weak transport links, while markets are underdeveloped because of lack of infrastructure. Will Asean’s economic fusion in 2015 give southeast Asia the injection of funds it so desperately needs?

During a recent oath-taking event hosted by president Benigno Aquino at Malacanang, the Philippines presidential palace, proceedings were interrupted by a power blackout. Indeed, blackouts have become so widespread on the island of Mindanao that social-media users have taken to calling the energy secretary the secretary of darkness.

Infrastructure needs more energetic development in the region as a whole; the trouble is that investment in the sector has been the preserve of government and attempts to harness the private sector have achieved limited success.

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