Keiko Honda participated in a panel discussion titled ‘Strategic Outlook on Infrastructure’ at the 2019 World Economic Forum. The session focused on how public and private stakeholders can work together to close the infrastructure financing gap.
Ms. Honda noted that according to the Global Infrastructure Outlook, the total infrastructure investment gap between now and 2040 is $97 trillion – with new infrastructure investment needs in 2017 estimated at $2.5 trillion. Against this backdrop, she emphasized the potential for expansion of the infrastructure market.
She emphasized the need for private sector operators, as well as financiers to invest in infrastructure building, while being mindful of risks such as expropriation, delay in construction, currency conversion and transfer restriction issues, and the risk of war and civil disturbance.
Other than construction delay risk, said Ms. Honda, the remaining four risks are government-related political risks, and that MIGA can work with private sector operators and financiers.
Below are some photos of Honda at the event: