Hosted By: The Asian Development Bank's North American Representative Office
The Asia and Pacific region requires infrastructure investments of at least $8 trillion until 2020. Available funding from traditional multilateral and bilateral assistance meets only 40% of investment needs. Involvement of the private sector has the potential to increase operating efficiency by making investments in new technologies, bringing innovative solutions, and encouraging more transparent organizational structures.
ADB established the Office of Public-Private Partnership (OPPP) in September 2014 to enhance the role of ADB in supporting and enabling government of its developing members to secure greater private investment and generate economic growth in the region.
Samuel Tumiwa, Deputy Representative of ADB's North American Representative Office, will discuss the bank's PPP progress and challenges it may face in the future.