How PPP projects in Asia offer obstacles to investors

Institutional investors are often optimistic about diving into the infrastructure asset class through public-private partnerships (PPPs). But their sanguinity has yet to materialise in much of emerging Asia, due to a lack of local governmental support for the infrastructure vehicles. These observations came after a White & Case survey that showed over a third of participants see a lack of government strength and support for PPPs in Asia- Pacific as two of the key obstacles. At…