Infrastructure for influence: Pacific Islands building spree ...Middle East

There is a building spree going on in our neighbourhood as Pacific Island countries leverage geopolitical rivalries to fill a huge gap. A rough estimate is that the region needs about $3 billion a year out to 2030 to meet its need for critical roads, ports and telecommunications infrastructure. Added to this are the mounting costs of climate disasters. Available finance is growing, but needs are growing faster. Pacific Island countries cannot go it alone, with their struggling small economies hit hard by Covid-19 lockdowns and climate events. The most recent update to the Lowy Institute’s Pacific Aid Map is out this week. There findings illustrate there is a race for influence via infrastr

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Infrastructure for influence: Pacific Islands building spree ...Middle East

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