Counting the Cost of Standing Still in Asia as They Race to Reinvent Transport Counting the Cost of Standing Still in Asia as They Race to Reinvent Transport

Counting the Cost of Standing Still in Asia as They Race to Reinvent Transport Counting the Cost of Standing Still in Asia as They Race to Reinvent Transport

Counting the Cost of Standing Still in Asia as They Race to Reinvent Transport Asia’s roads, rails and ports no longer merely creak, they haemorrhage value. Recent estimates put the annual drag from congestion alone at 2 to4 per cent of metropolitan GDP, while crash-related fatalities drained a staggering US $1.5 trillion in 2021. Factor in health bills driven by toxic PM2.5 haze and another US $4 trillion evaporates. Then there’s the tab for st…