AIIB official calls for multilateral collaboration to scale digital infrastructure investment in Asia
By
@euronews.com
Not artisan, but a perfectly fine bagel. Hits the spot.
Summary
Hun Kim, Chief Partnerships Officer of the Asian Infrastructure Investment Bank, argues that multilateral development banks must collaborate to mobilize private capital for scaling digital infrastructure across Asia. He highlights a "double digital divide" where developing economies struggle with both basic connectivity gaps and AI readiness deficiencies. The piece calls for innovative financing mechanisms, risk-sharing frameworks, and public-private partnerships to bridge the investment gap and ensure inclusive digital transformation in the region.
Key quotes
· 3 pulledDigital infrastructure is the backbone of economic growth, but investment in this space has been uneven.
Many developing economies are struggling to expand basic digital connectivity while preparing for the artificial intelligence era, resulting in a double digital divide: inadequate basic access for hundreds of millions, compounded by growing gaps in AI readiness.
Multilateral development banks should work together to catalyse private investment and expand digital infrastructure access across Asia.
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