Infrastructure will drive growth in Asia-Pacific, says S&P Global Ratings ...Middle East

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Infrastructure will drive growth in Asia-Pacific, says S&P Global Ratings
KUALA LUMPUR (May 20): Infrastructure will drive growth in the Asia-Pacific, according to S&P Global Ratings. In a statement on Monday, the rating agency said whether it’s progressing with carbon-cutting goals or moving people and goods, the common connecting theme is that each nation will be investing heavily. In a commentary titled, “How Asia-Pacific Will Pay For Its Carbon-Cutting Infrastructure”, S&P Global Ratings credit analyst Christopher Yip said strong economic growth in Asia-Pacific calls for more infrastructure. “This is particularly true in India and Indonesia. “China and Australia are accelerating their exit from fossil fuels, and this also requires heavy expenditure o

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