Finance for S*rt， Greeand Sustainable Infrastru*ure iAsia Home to half of the world's popul*ion， Asia economies are vibrant drive* and beneficiaries of globaliz*ion. Over the decades， they have increasingly integr*ed themselves to the global produ*iowork， leveraging vast n*ural and hu*resources to acceler*e the world's economic growth. Their petitiveness itrade stems from infrastru*ure conne*ions： from expanded sea ports to busy airline g*eways， from uninterrupted power supply to well-paved highway works. Improvements oinfrastru*ure are rewarded with visible socio-economic development. 　　However， oinfrastru*ure investment， much still need to be done. Rapid economic and demographic growth pose questions for the capacity of esting infrastru*ure and some regions of the vast Asia are still landlocked and isol*ed. At the same rime， new digital era calls for s*rt， greeand sustainable infrastru*ure and recent tendences toward de-globaliz*ion， unil*eralism and prote*ionism raise new challenges to Asiaeconomies. Capital outflow， mounting debt pressure and financial *rket turbulence are all potential thre*s to infrastru*ure investments. 　　Ilight of the challenges and opportunities， Asiaeconomies are ready for new solutions. The stages are set for a pan-Asiaconne*ivity and multiple initi*ives are ia*ion. China put forward the Belt and Road Initi*ive （BRI） i2013 which has *de re*rkable progress ever since. ASEAN countries adopt the Master PlaASEAN Conne*ivity 2025 aspiring for a higher standard integr*ion. The EurasiaEconomic Uniois under constru*ioand the EU-Asia Conne*ivity Str*egy has beelaunched since 2018. Asiaeconomies are working together withiand beyond the regiooconne*ivity like never before. 　　Against the backdrop of the ambitious conne*ivity plans， financing re*ins the bottleneck. Public finance re*ins to be the dominant source of infrastru*ure finance. Public-priv*e-par*e*hips started playing more important roles， Multin*ional and n*ional development banks continue to be vital playe* ithis field. Policy coordin*ion， investment environment， *croeconomic policies and local financial *rkets need to be strengthened to *tra* long-term investo* from the priv*e se*or and better mobilize high savings from Asia itself.

Abbrevi*ions
Foreword
Acknowledgements


Part 1 Overview
Chapter 1Overview of Infrastru*ure Finance iAsia
1．1 At a Glance
1．2 MaiFe*ures of Infrastru*ure Finance iAsia
1．3 MaiChallenges Confronting AsiaInfrastru*ure Finance
1．4 Steps Forward


Part 2Regional Pe*pe*ives
Chapter2 East Asia
2．1 Growth C*ch-up： Investments Especially Infrastru*ure Investments Play aImportant Role
2．2 ASEAN+3 Region's Outlay oInfrastru*ure （and other Types of Investments） Has BeeLow
2．3 ASEAN+3's Infrastru*ure Needs Are Large： The Belt and Road Initi*ive （BRI） CaBe Impa*ful
2．4 Other Conne*ivity Development Initi*ives iAsia： Some Learning Points
2．5 A Purposeful Framework CaMamize Benefits of Infrastru*ure Building and Address Risks
2．6 Case Studies


Chapter 3 CentraI Asia
Chapter 4 South Asia
Chapter 5 West Asia


References