A bridge construction site in the central Henan Province. If the plan succeeds it might be applied to the financing of China’s Belt and Road Initiative as well. Photo: Xinhua

Macroscope by Anthony Rowley

Could promise of ‘spillover’ revenue make infrastructure investment more attractive for private sector?

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Idea devised by Asian Development Bank Institute dean attracts attention of OECD, Financial Stability Board in London

ADBI estimates returning part of additional tax revenue from spillovers could raise return on infrastructure investment by up to 43 per cent in Japan’

Anthony Rowley

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Published: 7:30am, 11 Feb, 2019

Updated: 9:44am, 11 Feb, 2019

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A bridge construction site in the central Henan Province. If the plan succeeds it might be applied to the financing of China’s Belt and Road Initiative as well. Photo: Xinhua

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Could promise of ‘spillover’ revenue make infrastructure investment more attractive for private sector?

Idea devised by Asian Development Bank Institute dean attracts attention of OECD, Financial Stability Board in London ADBI estimates returning part of additional tax revenue from spillovers could raise return on infrastructure investment by up to 43 per cent in Japan’

Idea devised by Asian Development Bank Institute dean attracts attention of OECD, Financial Stability Board in London

ADBI estimates returning part of additional tax revenue from spillovers could raise return on infrastructure investment by up to 43 per cent in Japan’