Korea and Australia: Building an infrastructure partnership for a stronger Indo-Pacific
By Kyungjin Song
Despite the clear correlation between infrastructure development and economic benefits, the Indo-Pacific faces a vast infrastructure investment gap. China’s infrastructure diplomacy has led to new projects across the region. However, many of these face difficulties due to regulatory constraints and weak financial commitments. Australia and Korea have complementary advantages for infrastructure investment, including experience and expertise, well-established public funds and relatively low business constraints.