Roads, railways, power plants – Asia needs more of them. A lot more. Countries with large populations and rising income levels are setting ambitious infrastructure development goals, eager to tap into new funding sources such as the China-led Asian Infrastructure Investment Bank (AIIB). Meanwhile, companies are on the hunt for lucrative contracts.
Of course, making big plans is one thing; pulling them off is another challenge entirely. The infrastructure business is notorious for delays and outright failures. And while there may be plenty of money floating around these days, emerging economies still have to fight for investment dollars.