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Infrastructure needs in India, Indonesia, East Asia and the need for innovative financing methods 2013-2015
02/21/2010
This is high on the agenda at the G-20 meeting in Moscow in Feb 2013. India which has an estimated $191 billion in infrastructure needs annually, according to the World Bank, is pushing for this. Lower than potential growth in India of around 5% for the fiscal year ending in 2013 is a problem for the global economy, as this hurts both developed country exports and holds up growth by not freeing up bottlenecks in transportation and electricity infrastructure.
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