The quality of a nation’s infrastructure is a crucial indicator of its economic vitality. The Asian Development Bank (ADB) underscores this by projecting that an annual investment of approximately USD 1.7 trillion will be necessary across Asia through 2030 to sustain the region’s growth momentum. An Asia-focused infrastructure fund recently has raised USD 800 million from investors including funds managed by BlackRock Inc. and pension manager Alberta Investment Management Corp., amid renewed interest in the asset class.
As governments strive to boost investments, the Thai government has unveiled an ambitious plan to attract USD 33 billion in public-private partnership projects between 2020 and 2027, aiming to fuel long-term economic expansion. The CEOs of tech giants like Apple Inc., Microsoft Corp, and Nvidia Corp have visited the region, pledging billions of dollars in investments, and engaging in discussions with heads of state from Indonesia, Thailand, and Malaysia. According to a report by the Bangkok Post, Microsoft is set to contribute approximately $1 billion towards establishing a new data centre in Thailand as part of its digital infrastructure investment initiative in the country.
Studies highlights the profound impact of infrastructure investment, revealing that every USD 1 billion allocated can generate over 13,000 job opportunities, thereby catalysing substantial economic growth. Furthermore, regions equipped with efficient infrastructures naturally become magnets for investment, igniting progress not only within urban centres but also across surrounding areas, thereby propelling comprehensive economic advancement.
The Infrastructure Investment Summit by Trueventus will feature keynote speeches from top executives in the field, panel discussions with leading experts, and networking sessions designed to foster partnerships. Attendees will gain insights into emerging markets, new technologies, and financing mechanisms that are shaping the future of infrastructure investment. Join us at the summit to be at the forefront of transforming infrastructure investment and development worldwide.