Investment Commitments Remain at Peak Level in Europe and Central Asia While the Number of New Projects Declines
Private activity in infrastructure in Europe and Central Asia showed mixed results in 2008, according to just-released data from the Private Participation in Infrastructure Project database. Investment in new projects slowed sharply in the second h...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/12/11893275/investment-commitments-remain-peak-level-europe-central-asia-number-new-projects-declines http://hdl.handle.net/10986/10952 |
| Summary: | Private activity in infrastructure in
Europe and Central Asia showed mixed results in 2008,
according to just-released data from the Private
Participation in Infrastructure Project database. Investment
in new projects slowed sharply in the second half of the
year with the full onset of the financial crisis. This
slowdown led to a decline in the number of projects for the
entire year. The region accounted for 30 percent of the
year's total investment commitments in developing
countries, the largest share among developing regions. In
2008, 36 infrastructure projects with private participation
reached financial or contractual closure in 11 low- or
middle-income countries in the region. These involve
investment commitments (hereafter, investment) of US$20.3
billion. Infrastructure projects implemented in previous
years had additional commitments of US$25.7 billion,
bringing total investment in 2008 to US$45.9 billion. That
represented an increase of 3 percent from the level reported
in 2007 and a new peak for the region. Investment in
projects implemented in previous years accounted for the
increase, growing by 6 percent from the level in 2007. |
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