Part 1 Overview 3
Chapter 1 Overview of Infrastructure Finance in Asia 3
1.1 At a Glance 3
1.2 Main Features of Infrastructure Finance in Asia 7
1.3 Main Challenges Confronting Asian Infrastructure Finance 15
1.4 Steps Forward 20
Part 2 Regional Perspectives 27
Chapter 2 East Asia 27
2.1 Growth Catch-up：Investments Especially Infrastructure Investments Play an Important Role 27
2.2 ASEAN＋3 Region’s Outlay on Infrastructure（and other Types of Investments）Has Been Low 28
2.3 ASEAN＋3’s Infrastructure Needs Are Large：The Belt and Road Initiative（BRI）Can Be Impactful 32
2.4 Other Connectivity Development Initiatives in Asia：Some Learning Points 36
2.5 A Purposeful Framework Can Maximize Benefits of Infrastructure Building and Address Risks 37
2.6 Case Studies 38
Chapter 3 Central Asia 45
3.1 An Overview of the State of Infrastructure and Infrastructure Finance—Introscope on the Central Asian Republics 45
3.2 Infrastructure and Infrastructure Finance：Challenges and Constraints 50
3.3 Assessment of the Current Policy by Benchmarking against International Good Practices 52
3.4 Lessons for Catalyzing Infrastructure Finance in the Central Asia 57
3.5 Conclusion 60
3.6 Case Studies 61
Chapter 4 South Asia 65
4.1 South Asia：In Hunger of Infrastructure Investment and Financing Capacity 65
4.2 A Horizontal Comparison among Four Major South Asian Economies 68
4.3 Challenges in South Asia Infrastructure Development 76
4.4 Addressing Challenges 80
4.5 Case Studies 81
Chapter 5 West Asia 89
5.1 Regional Outlook for West Asia 90
5.2 Infrastructure Financing in West Asia 98
5.3 Challenges and Policy Issues 102
5.4 Case of Ankara-Istanbul High-speed Railway Ⅱ 109
5.5 Conclusions 112
References 113