Chinese Contractors Land Bulk of BRI Projects
Chinese contractors are receiving the lion’s share of Belt and Road opportunities reports the Financial Times, citing data from Reconnecting Asia.
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18 Projects to Watch in 2018
Reconnecting Asia is tracking developments across a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of the top projects to watch in 2018.
Questions Remain for Evolving AIIB
After the Asian Infrastructure Investment Bank (AIIB) was first proposed by Chinese President Xi Jinping in 2013, a number of observers, including within Japan and the United States, questioned its underlying motivations. The intensity with which the bank was both attacked and defended in the period before it opened its doors has thrown a spotlight on debates that existed long before Xi’s 2013 announcement. Chief among them are fundamental questions about who should dictate the rules of global governance and what role multilateral development banks (MDBs) should play in carrying them out. The AIIB concluded its second annual meeting in Jeju Island, South Korea on June 16, yet many of those questions remain open.
ADBI Recommended Reading
The Asian Development Bank Institute (ADBI) works to identify effective development strategies and improve the capacity for sound development in ADB member countries. Here is a selection of their work related to four areas the Reconnecting Asia Project covers: climate change and sustainability, energy, regional integration, and infrastructure finance. This page will be updated as new research becomes available.
Kick-Start Private Infrastructure with Future Tax-Sharing Bonds
Everybody from President Trump to the Global Infrastructure Forum is trying to think of innovative ways to attract long-term private and institutional investors to pay for the huge and largely unmet demand for new highways, railways, and dams.