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Growing Infrastructure Needs in ASEAN

August 24, 2017
Today, ASEAN is a fast growing nation with a combined population of 600 million people and GDP of USD 2.4 trillion. ASEAN economies will need more than USD 60 billion a year to fulfill infrastructure needs, especially their energy and transport sectors (Asian Development Bank, July 2014). However, ADB found that ASEAN countries average spend only about 4% of their GDP on infrastructure. Let’s take a deeper look into the infrastructure investment needs in ASEAN and GE’s efforts to support the growth across the region.