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ASEAN+3 should unlock more capital for sustainable infrastructure

Governments need to ensure region's attractiveness as an investment destination

| Southeast Asia
Highway bridge construction in Hanoi: ASEAN's demand for infrastructure financing is far beyond what governments alone can provide.   © Reuters

Masatsugu Asakawa is president of the Asian Development Bank. Sri Mulyani Indrawati is Indonesia's minister of finance. Indranee Rajah is Singapore's minister in the Prime Minister's Office and second minister for finance and national development. Shunichi Suzuki is Japan's minister of finance and minister of state for financial services. Indrawati and Suzuki are 2023 co-chairs of the ASEAN+3 Finance Process.

COVID-19 has brought severe hardships to peoples and communities across the globe, but for the economies of the Association of Southeast Asian Nations, a resilient recovery is underway.

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