Developing countries in the Indo-Pacific are in dire need of critical infrastructure to support their burgeoning markets and populations. This presents Australia, the US and Japan with an opportunity to step in and bridge this infrastructure gap, strengthening their foreign relations and demonstrating regional leadership.
There is also a large, unrealised opportunity for the private sector to partner with government and deliver major projects with commercial returns. While Australia, the US and Japan have developed a trilateral infrastructure initiative and offered incentives to attract corporate partners, business has yet to capitalise on the available support.
This report seeks to address the remaining barriers to public-private infrastructure partnerships in the Indo-Pacific and recommends specific actions for the three governments to consider.