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Tag: ASEAN Power Grid

2 articles

Lê Minh Hưng Proposes ASEAN Infrastructure Priority List Through 2040

Vietnamese Prime Minister Lê Minh Hưng proposed an ASEAN infrastructure priority list through 2040 at a business and investment summit in the Philippines on November 14. He also outlined four connectivity priorities covering transport and logistics, energy, digital infrastructure, and institutions and people.

World

ADB: Southeast Asia Needs $7.1 Trillion in Infrastructure Investment by 2040

An Asian Development Bank report released on November 10 estimates that Southeast Asia needs $476 billion in infrastructure investment annually from 2026 to 2040, equivalent to 8.7% of regional GDP. At current investment levels, government budgets can meet only about 45% of demand, leaving an annual funding gap of about $264 billion.

Investment