ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
 (placeholder image)
Construction line of an elevated train in Bangkok   © Reuters
Economy

ADB to launch infrastructure project referee program

Bank will mediate conflicts between public, private sectors

JUN ENDO, Nikkei staff writer | Vietnam

MANILA -- The Asian Development Bank plans to start a program to mediate conflicts between public and private sector entities in Asia's infrastructure developments. The bank will announce the program at its annual meeting, which starts Thursday in Yokohama.

In Asia, a growing number of infrastructure development projects are conducted under public-private partnerships, in which the government uses private funds and expertise. There are reportedly 40-50 PPP projects ongoing in Southeast Asian countries. However, the parties' interests often clash when formulating and commercializing the plans, resulting in projects being delayed.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more