ADB South Asia Working Paper Series
Infrastructure Financing in South Asia
Shikha Jha and Rosa Mia Arao
No. 59|September 2018
Shikha Jha, principal economist,
Economic Research and Regional Cooperation Department,
Asian Development Bank (ADB).
Rosa Mia Arao, former research associate
atthe Public Management, Financial Sector
and Trade Division, South Asia Department, ADB.
ASIAN DEVELOPMENT BANK
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tables, Figures, and boxes iv
i. introduCtion 1
ii. develoPMent oF inFrastruCture in soutH asia: trends and QualitY 2
iii. PubliC and Private seCtor FinanCing 11
a. Corruption in Public infrastructure Provision 14
b. leveraging the Private sector 15
iv. drivers oF inFrastruCture investMent 21
a. total Public and Private investment21
b. Private investment by sector 24
v. ConClusions and PoliCY iMPliCations 30
aPPendix: deFinition oFvariables 31
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