Infrastructure, trade facilitation and international competitiveness

Private sector development at KK Kingston manufacturers in Lae, Papua New Guinea. Photo: George Fetting / Copyright Pacific Islands Trade and Invest  

2016-17 Budget Estimate:
$555.1 million

One of the largest constraints to private sector development in the region is inadequate infrastructure. It is also a major 'behind the border' constraint affecting trade. The Asian Development Bank has estimated that Asia will need to invest approximately US$8 trillion in overall national infrastructure between 2010 and 2020. This is a significant development problem.

Australia is committed to tackling infrastructure bottlenecks to help create the right conditions for sustainable economic growth and to enhance trade and investment opportunities across the region.

For further information on how Australia is addressing inadequate infrastructure in partner countries, see:

Australia recognises that developing countries may need assistance, including through aid for trade investments, to address supply-side constraints and make the most of open market opportunities. Australia is helping to enable developing countries to trade by improving their customs procedures, facilitating the market to provide finance to small and medium sized enterprises, and helping women entrepreneurs to export.

For further information on how Australia is providing practical assistance and advice to help our partner countries engage and be competitive in the global trading system, see:

 

Last Updated: 28 February 2017