To begin with, I will argue that infrastructure financing benefits from stable and reliable financial infrastructure. Indeed, the numerous development banks play an important role in this respect. The World Bank and the ADB, for instance, granted a total of roughly USD 25 billion for infrastructure-related projects in 2014.
In addition, the Asian Infrastructure Investment Bank and the New Development Bank can contribute significantly to satisfy Asia’s need for infrastructure funding. And in many Asian countries – in particular those where capital markets are less developed – governments still cover a significant fraction of infrastructure-related costs.