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Opinion

Offer infrastructure investors a share of the tax take

Governments can raise subsidies by taking account of the full economic benefits

| Thailand
Railroads and highways have been found to generate more tax revenues because of increased economic activity.

Asia needs more transport infrastructure. More than the state, which finances the lion's share, can fund. So what more can be done to bring in increased private capital, when investors have so far been mostly disappointed by the returns? Is there a way of breathing new life into the public private partnership (PPP), the most common vehicle for private infrastructure investment?

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