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Poor IT infrastructure impacts business in Southeast Asia

Developing Asia will need to invest US$26tn from 2016 to 2030, or US$1.7tn per year, if the region is to maintain its growth momentum, according to the Asian Development Bank (ADB).

China accounts for nearly half of the US$1.7tn total annual requirement but its infrastructure gap is much smaller than the Asian average after a quarter century of unprecedented investment. 

Investments in telecommunications will need to reach US$2.3tn. If fulfilled, such investment will come as welcome news to many businesses impacted by the region’s underdeveloped telecoms infrastructure.

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