A fillip to growth

This week's topic: What opportunities will the new Asian Infrastructure Investment Bank (AIIB) open up for the private sector?

Yeoh Oon Jin

Executive Chairman

PwC Singapore

ON balance, we think the setting up of AIIB is a positive development for the private sector. The next stage of global growth will be fuelled, in part, by Asia.

To do this, Asia needs to quicken the pace of its infrastructure development and a new multilateral development bank focused specifically on this agenda will give a much needed boost to the existing agencies and ensure that this happens in good time.

The private sector knows the importance of Asia to fuel the next decade of global growth and as such, with more investment channels being…