South Asia needs up to $2.5 trillion of investment in infrastructure by 2020 if the region is to make further gains in battling poverty and provide for its growing population, the World Bank said on Wednesday. Despite boasting similar economic growth rates to East Asia, the region lags significantly in its population’s access to water supplies, power grids and roads, and by some measures is comparable to Sub-Saharan Africa, the bank said in a new report. Read More
