The ASEAN Coordinating Council (ACC) has announced the Initial Rolling Priority Pipeline of ASEAN Infrastructure Projects at the meeting in Bangkok, Thailand on Sunday (Nov 3). The Initial Pipeline consists of 19 projects across transport, energy, and digital sectors amounting to US$15 billion worth of estimated investments.
A total of 19 projects were selected in the initial pipeline, which can be modified as “appropriate.” Broken down per sector, there were 11 road projects, three power projects, two-port, one information and communication technology, one railway and one airport.
Out of the 19, three for Indonesia and Thailand, five were in Myanmar, four for Laos,two for Vietnam, one for Cambodia and for Brunei Darussalam.
In a joint statement, ASEAN also encouraged China to actively support the development and financing of ASEAN infrastructure projects and promote connectivity cooperation in areas, such as railways, highways, port and harbors, airports, power, and communication, for building better business and investment environment.
