Policy

The 1,600km gas pipeline will be developed by a consortium of four state gas companies from Turkmenistan, Afghanistan, Pakistan and India.

Given infrastructure’s role in supporting economic growth, the European Commission hopes the lower risk charges for insurers will encourage them to increase allocations to the asset class.

The proposed US transport budget would dedicate $6bn over six years to incentivise reforms in areas including safety and peak traffic demand management.

Philippines’ President Aquino is beckoning European infrastructure investors as the government pushes key reforms in Parliament.

The city’s transport department estimates the former capital’s traffic infrastructure need at $122bn – more than seven times the city’s budget.

Thailand’s National Council for Peace and Order announced this week it would launch a $75bn infrastructure programme over the next eight years.

With the backing of other APEC countries, the two nations are looking to form a regional infrastructure financing market. 

The central government is trying to absorb some of the risks and variability of large infra projects for the private sector.

A third of that will be used to develop transportation and communications infrastructure through to 2018.

The South Asian nation is one step closer to having new PPP regulation.