Asia Is Gearing Up To Source New Funding For Transport Infrastructure
As Asia is gearing up to source newer funding and technologies for its transport infrastructure including bridges and highways, evolving models of owning and operating transport assets are of significance to the industry stakeholders.
- (1888PressRelease) January 13, 2011 - "East Asia's funding challenge is to resource estimated infrastructure needs of approximately $200 billion annually over next five years".
Connecting East Asia - A New Framework for Infrastructure, Asian Development Bank
Add to ADB's observation on infrastructure investment, India's trillion dollar requirement over next 10 years and a much higher budget for China.
As Asia is gearing up to source newer funding and technologies for its transport infrastructure including bridges and highways, evolving models of owning and operating transport assets are of significance to the industry stakeholders.
Bridges Asia 2011, the annual regional conference is the platform where asset owners from India, Malaysia, Thailand, Indonesia, Taiwan, Bangladesh, Sri Lanka and Cambodia will announce the master plans for transport infrastructure and deliberate on funding requirements and operational models.
The conference also brings together funding institutions such as ADB and legal firms such as Pinsent Masons presenting topics on funding, handling risks, project management and contractual disputes in bridge infrastructure projects.
Leaders from global AEC and EPC contract firms present at this conference - outlining recent trends in bridge engineering and construction.
IQPC, the organisers, have also included two site visits to Stonecutters Bridge and an under-construction project site at Cathay Cargo Terminal, led by Arup and Gammon Construction respectively.
The event creates a much required interface between all infrastructure industry stakeholders in Asia.
For more information on the event, please email wendy.mah ( @ ) iqpc dot com dot sg
Bridges Asia 2011
23 - 24 February 2011
Sheraton Hong Kong Hotel and Towers,
Kowloon, HKSAR
www.bridges-asia.com
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