Infrastructure investment to lead S-E Asia's recovery

INFRASTRUCTURE development will be critical in leading South-east Asia towards a robust economic recovery as well as a more sustainable and resilient future, according to a joint report by Deloitte and Infrastructure Asia (IA).

This is because infrastructure development has a strong multiplier effect in terms of boosting economic activity and creating jobs, which means the final impact it has on economic output is greater than the initial injection of spending, the report said.

At the same time, infrastructure investment is crucial for creating a positive legacy of economic growth that is more resilient, sustainable, and productive, it added.