|
v) Need to promote private funding for balanced development
It is expected that the respective governments of developing Asian countries will further open
infrastructure development projects to the private sector.
However, in less developed countries, PFI projects might not be attractive because the private
sector may not be able to charge sufficiently to recover the investment. For the promotion of private
sector projects, it may be necessary to prime the pump, or to provide some form of subsidy (e.g.
negative tender). Developed countries cannot lend money directly to these countries in the framework
of ODA (Official Development Assistance). Therefore, IFC (International Finance Corporation), the
World Bank’s subsidiary organisation, will need to continue to play an important role in providing
loans at low rates. This effectively lowers the average loan rate, making projects more attractive, and
reduces financing costs.
Another issue in Asia is the imbalance between the amount of logistics infrastructure and
institutional measures between the different countries and regions. This imbalance presents
disadvantages in the development of logistics systems. Therefore, greater emphasis should be placed
41
on developing logistics systems in regions where few logistics concepts and practices exist. Strategies
should be devised to promote advanced logistics. However, it should be recognised that no uniform
objective can be achieved due to significant differences among the Asian countries: each country must
engineer strategies that balance its own objectives with regional objectives.
Dostları ilə paylaş: | 
