The US-ASEAN Business Council and The Stimson Center are pleased to share with you:
Southeast Asia is in dire need of infrastructure investment: it’s estimated that approximately $60 billion is needed each year through 2022 to meet physical infrastructure needs in the region, much of it necessary to support continued economic growth and development in the Association of Southeast Asian Nations (ASEAN). China’s movement forward with the creation of the Asian Infrastructure Investment Bank (AIIB)—which was originally announced in Indonesia—has refocused international attention on the vital role played by international financial institutions, private-public-partnerships, and the private sector in addressing infrastructure needs. The commercial part of the U.S. pivot to Asia has also included a focus on physical and regulatory infrastructure, connectivity, and other Asian development needs in ASEAN and the Lower Mekong. This event examines the challenges for funding infrastructure in the ASEAN region, including national policies that support or hinder investment, the role of multilateral banks and China’s growing policy investment, the comparative advantage that U.S. companies have in the infrastructure sector, and the role of corporate social responsibility in large infrastructure projects.
Featuring:
James Carouso, Director of Maritime Southeast Asia Affairs at the U.S. Department of State
Tien Le, Economic Counselor at the Embassy of Vietnam
Ann-Marie Padgett, Asia Advocacy Manager for Government Affairs at Caterpillar
Jonathan Kaufman, Legal Advocacy Coordinator at Earthrights International
Moderated by Richard Cronin, Director of the Southeast Asia Program, The Stimson Center
