South-east Asian urbanisation to drive investment need
Tuesday, May 17, 2016
Subject
Impacts and investment needs of South-east Asian urbanisation.
Significance
Urbanisation, driven by regional economic integration and social and technological development, is straining South-east Asian housing, socio-economic infrastructure and basic services.
Impacts
- A spending backlog for infrastructure and essential services is threatening economic growth targets.
- Cities' growth could see land rights concerns and ecological difficulties.
- Governments need to close skills gaps to keep up with growing services demand as urbanisation expands.
- Changing demographics will change urban and rural voting patterns.