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Asia’s infrastructure needs amounts to 1.7 trillion dollars per year until 2030 to maintain its growth momentum, reduce poverty, and respond to climate change. “However, even factoring in funds saved through public finance reform or received from multilateral agencies, a significant financing gap remains. The public–private partnership (PPP) can help to fill the infrastructure gap,” the report adds. “The success of the approach depends on governments identifying projects suitable for it, engaging qualified private partners, and instituting the right process. The Asian Development Bank is a front runner in supporting the development of PPP in the region.” According to this report Sri Lanka's GDP grew by 3.8 percent in the first quarter of 2017 and 4 percent in the second to hold growth in the first half of 2017 to 3.9 percent year on year, unchanged from the 2016 outcome. The industry grew by 6.3 percent in the first quarter and 5.2 percent in the second to bring first-half expansion to 5.8 percent. Garment production strengthened slightly in the second quarter but was offset by a marked slowing in construction, to 9.3 percent from 16.1 percent in the first quarter. Services expanded by 3.5 percent in the first quarter and 4.5 percent in the second for 4 percent growth in the first half. An increase in financial services including insurance and in government services offset slippage in wholesale and retail trade and in hospitality. Faster growth in the large service sector in the second quarter provided lift for 4 percent GDP growth in the period despite slackening agriculture and industry. Exports grew by 5.2 percent year on year in the first half of 2017, rebounding from a 5.8 percent fall in 2016 as better global prices spurred agricultural exports.