Japanese ministry of economy, trade and industry estimates that infrastructure needs in Asia until 2020 reaches $8 trillion due to urbanization and industrial development in this region. However, there is a tremendous gap between potential demand and actual development due to financial constraints at public sector. Therefore, it becomes important for developing Asian economies to attract private investments in their infrastructure projects. In this lecture, recent developments of business models in infrastructure PPP (Public Private Partnership) projects are introduced. A PPP project requires appropriate risk sharing mechanism between public and private entities, which can be analyzed by quantitative simulation models. In addition, a trust building between public and private is important for a long term project with great uncertainty. A collaborative relationship between government n business is a virtue of Asian development model, so that international collaboration in Asian economies, such as Japan and Singapore, is an effective way for global infrastructure developments in emerging Asian countries such as India and Indonesia.
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Prof. Kazuyuki Motohashi, Professor, Department of Technology Management for Innovation; Director, Innovation Policy Research Institute, Graduate School of Engineering, University of Tokyo
- Monday, 20 February 2012
- 12.15 p.m. - 1.30 p.m.
Seminar Room 3-4
Level 3, Manasseh Meyer
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road