Multimodal parks can help India develop a world-class logistics sector to realize its enormous economic potential.
Hoe Yun Jeong
Hoe Yun focuses on economic research, planning and disseminating knowledge related to economic corridor development projects in South Asia. Prior to joining ADB, he worked in the Republic of Korea’s Ministry of Strategy and Finance, responsible for macroeconomic policy formulation, international financial cooperation, and free trade agreement negotiation.
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The East Coast Economic Corridor will leverage the country’s coastline and ports to connect with global value chains.
If implemented well, this strategy promises more robust industrial growth, improved productivity, higher-paying jobs and skills development, influx of foreign investors, and increased exports.