Raising private investments in S-EA infrastructure key, says World Bank
Private investors put in US$15 billion into infrastructure projects in South-east Asia last year
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Singapore
SOUTH-EAST ASIA has drawn increasing levels of investments into infrastructure development in recent years, but more still can be done to boost it, a World Bank official said on Thursday.
Cledan Mandri-Perrott, the head of infrastructure finance and public-private partnerships at the World Bank, noted that across South-east Asia, public spending outstrips gross domestic product, which is a good sign.
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