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SDIP launches platform to combat infrastructure shortage

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A street network is only one part of urban infrastructure that needs to meet its demands. Image source: Shutterstock (#518877679) pictures Bangkok.

The Sustainable Development Investment Partnership (SDIP), consisting of 35 global governments, banks, pension funds and charitable organisations, has launched a platform to support infrastructure finance in Southeast Asia.

The SDIP Asean Hub, first introduced at the World Economic Forum (WEF) on Asean 2017 last week, will help local project secure funding, and drive blended finance, the combined use of public, private and charitable money.

It is estimated that Asia has to invest US$26 trillion by 2030 to solve its infrastructure dilemma. Cambodia is the first government to sign up for the SDIP Asean Hub.

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