How can private investors be persuaded to invest in public infrastructure – like new highways, railways, and dams?

Many governments don’t want to incur further debt. And most politicians are reluctant to impose new or higher taxes on citizens who use the infrastructure.

Institutional investors—such as pension funds—don’t generally see infrastructure as an attractive investment option. This is especially so in emerging economies with untried borrowers.

Read the transcript

https://bit.ly/2Rj8RPY

Read the blog

https://www.asiapathways-adbi.org/2017/05/kick-start-private-infrastructure-with-future-tax-sharing-bonds/

About the authors

Naoyuki Yoshino is dean and chief executive officer of the Asian Development Bank Institute (ADBI) and professor emeritus at Keio University, Tokyo.

Grant Stillman is legal advisor at ADBI.

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