In keeping with two of ERIA's pillars, deepening economic integration and narrowing development gaps, ERIA produced the Comprehensive Asia Development Plan (CADP) and it was appreciated in the Viet Nam Chairman's Statement of the 5th East Asia Summit in October 2010. The Summit also issued the Ha Noi Declaration on the Adoption of the Master Plan on ASEAN Connectivity (MPAC), to which ERIA made contributions with ADB and ESCAP.
Both plans stipulate the importance of their robust implementation through the cooperation of the public and private sectors. ERIA’s PPP Network Team's mission is to help governments implement projects through PPP for further regional integration and development. ERIA also supports and offers advisory services on each project.
The public-private partnership (PPP) is key to infrastructure development. However, the economic rationale for PPP has not yet been well-established, and thus PPP discussions are often non-conclusive. The Comprehensive Asia Development Plan (CADP), prepared by ERIA, discusses the economic logic of PPP in infrastructure development.
ERIA submitted the Comprehensive Asia Development Plan (CADP) to the 5th East Asia Summit in October 2010, as a grand spatial design for infrastructure development in East Asia. The conceptual framework of the CADP, which was elaborated based on new international trade theories, namely the fragmentation theory and new economic geography, demonstrated how the region can pursue deepening economic integration as well as narrowing development gaps. CADP provides a long list of prospective infrastructure projects that could be important to realize the policy recommendation of the CADP. We show the implementation status of the prospective infrastructure projects in the CADP list.