Private Participation in Infrastructure: Trends in Developing Countries in 1990-2001 : Energy, Telecommunications, Transport, Water
Drawing on data from the World Bank's Private Participation in Infrastructure (PPI) database, this new book provides an overview of the nearly 2500 private infrastructure projects that were implemented between the period 1990-2001 in 132 developing countries and mobilized investment of some $754 billion. It covers projects in the transport, energy (electricity and gas), telecoms, and water and sewerage sectors that received private investment through management and lease contracts, concessions, greenfield projects, or divestitures. Overall, the trend in PPI illustrates a dramatic increase in investment flows between 1990-1997 as governments around the world turned to the private sector for innovative and cost-effective solutions to increasing coverage, raising quality standards, and aiming for cost recovery and sustainability in infrastructure service provision. However, since the economic crises of the late 1990s, a few (but high-profile) cases of canceled projects, visible corporate governance and accounting problems, and a general global economic slowdown led to a chilling effect on investors and resulted in declines in investment so that 2001 levels paralleled that of the mid-1990s.
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accounted Airports Annual Investment Argentina Asia and Pacific assets attracted awarded Bangladesh billion Brazil capita Caribbean Central Asia Chile China companies competition Concessions Cumulative Investment Data declined Developing Countries divestitures dominated East and North East Asia Electricity Projects Europe and Central facilities figure financial closure followed greenfield projects India integrated investment commitments Investment in Infrastructure investment in private Korea largest Latin America lease contracts mainly Malaysia markets Mexico Middle East mobile Morocco Natural Gas Transmission North Africa number of projects operators Participation by Sector participation in infrastructure peak period pipeline PPI Project Database private activity private infrastructure projects Private Participation private sector Projects with Private Railways reforms region Republic Seaports Segment share Source South Asia stakes stand-alone Sub-Saharan Africa Subsector telecommunications Telecommunications Projects toll roads top sponsors total investment transferring transmission and distribution transport projects utilities water and sewerage World Bank
Page 115 - East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page 10 - Latin America and the Caribbean East Asia and Pacific Europe and Central Asia South Asia Middle East and North Africa - OM 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Source: World Bank, PPI Project Database.