Public-private partnerships PPP have long been touted as the best way to bring private investment into infrastructure projects. However, not all projects are equal from an investor’s point of view, not least in Asia where the infrastructure funding challenge is arguably greatest.
At the heart of China’s Belt and Road Initiative lies the age-old problem of who is going to end up paying the bill. As the $900 billion project has grown larger, so the question of who will pay has got louder.
Convincing private money to invest in infrastructure projects in Asia has so far proven to be more problematic than in the more developed ecosystems...
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