Investment Commitments in the Middle East and North Africa Reached a Peak Level in 2007
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa grew by 7 percent to US$12.8 billion in 2007, the highest level since 1990, according to just-released data from the private participat...
| 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/2008/12/10388331/investment-commitments-middle-east-north-africa-reached-peak-level-2007 http://hdl.handle.net/10986/11002 |
| Summary: | Investment commitments to infrastructure
projects with private participation in the Middle East and
North Africa grew by 7 percent to US$12.8 billion in 2007,
the highest level since 1990, according to just-released
data from the private participation in infrastructure
project database. The region accounted for 8 percent of the
year's total investment commitments to developing
countries. Investment commitments in the region were driven
mainly by projects implemented in previous years. Projects
reaching financial closure in 1990-2006 attracted US$7.8
billion, while the 13 new projects implemented in 2007
accounted for US$5.1 billion. Investment in physical assets
grew by 35 percent to US$8.3 billion, the highest level
ever. Payments to governments (such as divestiture revenues
and spectrum or concession fees) fell from the highest level
reached (US$5.3 billion, in 2006) to US$4.6 billion, about
36 percent of annual investment. |
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