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Engineering procurement and construction (EPC) is a normative practice globally approved since China has been engaging … in international cooperation under the Belt and Road Initiative (BRI) infrastructure development. EPC has been adopted in … the delivery of BRI infrastructure projects in other countries. Compared to the domestic method of contract, EPC remains …
Persistent link: https://www.econbiz.de/10012484456
The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … infrastructure investment, which then drives economic growth via various channels including reducing transaction costs and raising … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …
Persistent link: https://www.econbiz.de/10011585947
Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has … resulted in significant tariff reductions. This study quantifies the impacts of both hard and soft infrastructure on trade … improvements in transport infrastructure (i.e., the road density network, air transport, railways, ports, and logistics) have …
Persistent link: https://www.econbiz.de/10011407564
recent infrastructure initiatives in the Asia-Pacific and Eurasian regions. Although the current public debate on … connectivity is dominated by an attention on China's 2013 Belt and Road Initiative (BRI), Japan has actually been engaged in … international infrastructure schemes at least since the 1980s. This does not only hold for the Japanese state, but also for major …
Persistent link: https://www.econbiz.de/10012159025
Persistent link: https://www.econbiz.de/10012194469
Persistent link: https://www.econbiz.de/10014583198
Persistent link: https://www.econbiz.de/10013479617
trade-driven growth through increased intraregional infrastructure connectivity and regional economic integration. In 1992 … connectivity as well as infrastructure financing needs in Asia. It also examines the nature and characteristics of existing and new … an institutional architecture consisting of new "Asian Infrastructure Coordination Facility (AICF)" involving major …
Persistent link: https://www.econbiz.de/10011638303
developing countries because the initial infrastructure was very poor. In addition, emerging economies, such as China, Russia … total infrastructure investment demands in Asia come from China. The infrastructure needs in East and Southeast Asia, where …There are growing infrastructure needs in the APEC region as their economies have expanded. However, both developing …
Persistent link: https://www.econbiz.de/10014151293