Seamless sustainable transport connectivity in Asia and the Pacific: prospects and challenges

摘要

In view of the ongoing financial and economic crisis originated during 2008-09 and the possibility of a double dip recession in advanced economies, export-dependent economies of Asia and the Pacific need to rebalance its growth toward domestic and regional demand for sustainable growth of Asia and the world. Despite remarkable growth during the last decade, the region still faces extensive basic infrastructure needs such as transport, energy, telecommunications and water. Asia, therefore, needs to enhance its connectivity through developing transport infrastructure at the national and regional level to rebalance its growth through enhancing intraregional trade, to enhance economic integration and to meet basic infrastructure needs. Transport plays a significant role in enhancing connectivity within and across Asian economies. However, building massive transport infrastructure will have profound implications on environment and climate change at the national, regional and global levels. In this evolving scenario, Asia needs to build efficient, safe, affordable, timely, world-class, socially and environmentally sustainable and seamless transport connections within the region, and with the rest of the world, in order to be competitive and prosperous. This paper analyzes the major challenges in developing sustainable transport connectivity, by fostering regional cooperation toward a seamless Asia. The paper examines the needs and benefits of transport connectivity and financing requirement for 2010-2020. It examines the impact of transport connectivity on environment and the prospects and challenges for developing seamless sustainable transport connectivity. Finally, the paper provides policy recommendations on what the region can do to meet these challenges.