Japan investing US$367 billion in Southeast Asia infrastructure

By Andy Brown27 June 2019

Vietnam

Vietnam is receiving considerable investment from Japan

Japan is investing more money into infrastructure projects in Southeast Asia than China, according to data from Fitch Solutions supplied to news agency Bloomberg.

According to the figures, Japan’s projects in the region are valued at US$367 billion, compared to China’s US$255 billion.

Fitch’s figures only relates to projects at the stages of planning, feasibility study, tender and those currently under construction.

Japan’s investment is heavily weighted in favour of Vietnam, with US$208 billion of the country’s total spend in Southeast Asia taking place in this country. Japan invested US$74 billion into Indonesia, US$43 billion into the Philippines, US$19 billion into Singapore and US$15 billion in Thailand.

China’s infrastructure investment in Southeast Asia is more balanced, with Indonesia the top recipient with US$92 billion. Vietnam follows on US$69 billion, with Malaysia receiving US$34 billion and Singapore US$28 billion.

The Asian Development Bank has estimated that Southeast Asia’s economies will need US$210 billion a year in infrastructure investment from 2016 to 2030 to merely maintain the current level of economic growth.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Is electric equipment the answer?
Construction equipment is rapidly evolving to become greener and cleaner
Why ESG-linked loans are impacting construction finances
A way to help fight the climate crisis or a pile of greenwash? How ESG-linked loans are entering the corporate mainstream 
Meeting productivity demands: new compaction equipment
How new roadbuilding and compaction equipment is meeting productivity demands, while keeping emissions low
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA