Service Industries- Highlight
25 Sept 2017
With clear progress now having been made on the Jakarta-Bandung High-Speed Railway Link, investors are hoping that other high-profile projects will also be green-lit, with the Belt and Road Initiative continuing to act as a catalyst.
Some US$210 billion a year will be needed for infrastructure development in ASEAN from 2016 to 2030. Hong Kong and its infrastructure and real estate services companies are well-positioned to participate in the ASEAN infrastructure market. This is because in view of the huge investment needs, the private sector and foreign investment are expected to play a greater role in bridging the funding gap and bringing in the expertise for building the projects.