Infrastructure costs a lot -- just ask any denizen of Hong Kong who recently protested a proposed $8.6 billion high-speed rail line. Most of the funds for that project are due to come from the government's coffers, but many other infrastructure investments throughout Asia are not as financially lucky.
According to Karin Finkelston, director of East Asia and the Pacific at the World Bank Group's International Finance Corporation, there is a $2 billion annual infrastructure investment deficit in the region. Speaking at the Asian Financial Forum in Hong Kong last week, she was joined by a panel of industry experts who urged governments around the region to liberalise infrastructure financing restrictions to encourage private investment....
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