In the past three decades, Indonesia, Vietnam, and the Philippines have experienced rapid economic development from a young and growing demographics, increasingly educated and affluent populations, and expanding consumer markets. However, infrastructure development has lagged in these countries; roads are jammed and traveling a few kilometers can take hours, public transportation is fragmented, and airports and ports remain underdeveloped inside and outside of primary cities. To improve efficiency and unlock their economic potential, trillions of dollars are needed to improve the state of infrastructure and connectivity within countries and around the region.

How can governments support infrastructure development and expand Public-Private Partnerships (PPP) and private financing for projects? Are local capital markets able to transact the large sums of money on the infrastructure projects by international and local institutions? How can these projects better incorporate ESG and Corporate Financial Performance standards in the project lifecycle? How has the COVID-19 pandemic impacted infrastructure development and supply chain and workforce management?

Speakers:

Rajat Misra
Director General, Infrastructure Investment Department (Region 1), Asian Infrastructure Investment Bank

Cyril Cabanes
Managing Director, Infrastructure – Asia Pacific, CDPQ

Stefania Palma
Singapore Correspondent, Financial Times

Sachin Patwardhan
Managing Director Head of Project & Export Finance ASEAN & Australia, Standard Chartered Bank

Hilda Savitri
CFO of PT Hutama Karya (Persero) & President Commissioner of PT Hutama Karya Infrastruktur

This roundtable is part of the Infrastructure for Tomorrow (i4t) series hosted by the Milken Institute in partnership with the Asian Infrastructure Investment Bank (AIIB).