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November 9, 2010

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Home » Business » Finance

ADB sees bigger role for China

ASIAN Development Bank Vice President Bindu N. Lohani called on China yesterday to play a bigger role in bringing seamless transportation systems to Asia.

Lohani made the remarks in a speech at the 2nd High Level Regional Workshop of the China-ADB Knowledge Sharing Platform on Transport Infrastructure, which began in Beijing yesterday.

"In the Asia-Pacific region, investments in transport have not kept pace with the rapid growth in demand," Lohani told some 80 officials from China, Pakistan, the Philippines, Cambodia, Laos, Malaysia, Mongolia, Bangladesh, Nepal, and other countries and the ADB.

"With its great experience of building a national transport network, China has the potential to play an even greater role in the future in bringing about seamless transportation across the Asian region," he said.

The ADB estimates the Asia-Pacific region needs US$8 trillion for infrastructure construction in the next 10 years.



 

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