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Enhancing Regional Cooperation in Infrastructure Development Including that Related to Disaster Management

image of Enhancing Regional Cooperation in Infrastructure Development Including that Related to Disaster Management

Adequate infrastructure in the four key sectors of transport, telecommunications, energy and water is a prerequisite for opening up access to global trade and investment flows. This study analyses the role of infrastructure and its socio-economic linkages as well as regional initiatives in creating, maintaining and utilizing infrastructure with a focus on financing such investment. The study identifies a number of specific options for strengthening regional cooperation in these areas.

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Infrastructure development relating to disaster management

Asia and the Pacific is the world’s most disaster-prone region, accounting for 91 per cent of deaths from natural disasters in the past century and 49 per cent of the resulting economic damage (figure VII.1). Each year for the past 15 years, an average of 41,000 people have died in the region from natural disasters, which annually inflicted $29 billion worth of damage. Of the world’s 10 most severe natural disasters in 2004, five occurred in the Asian and Pacific region, causing damage amounting to $55 billion, about 70 per cent of the total damage, estimated at $80 billion.

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