Infrastructure spending will cement recovery
Article Abstract:
Infrastructure spending, that on highways, power/utilities, telecommunications, will stabilize recovery in Asia and be especially important in China. Asian countries, according to the Political and Economics Risk Consultancy (PERC), neglected financial aspects of infrastructure and relied on foreign investment in the past, assuming stable exchange rates would prevail. Domestic capital was used on such things as commercial and residential projects inflating asset values. Investment is to be more balanced from 1998 on.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1998
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Facing up to the future
Article Abstract:
Difficulties in 1997 are beginning to influence Asian economies. Power, telecommunications, transportation, water and sanitation sectors will need to be built or modernized in South Korea, Indonesia, Thailand and China. It will cost China hundreds of billions of U.S. dollars just to satisfy and meet projected growth. In addition to infrastructure, their concentration in electronics could prove devastating with a slump in the price of semiconductors.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1997
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WIF meeting highlights challenges
Article Abstract:
The World Infrastructure Forum-Asia 96 from Oct 28 to 31 was held in conjunction with the UNESCAP Ministerial Conference in New Delhi, India. Delegates at the forum concentrated on infrastructure requirements and policies needed to attract investment. They contend that unless private and public sectors work together, infrastructure development which will cost an estimated $1.5 tril is not possible.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1996
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