Private Infrastructure : Activity Down by 30 Percent in 2002
Over the past decade most developing economies have involved the private sector in providing infrastructure services. Indeed, between 1990 and 2002, 136 low- and middle-income countries introduced private participation in infrastructure sectors-65...
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| Format: | Publications & Research |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2004/02/3049892/private-infrastructure http://hdl.handle.net/10986/11276 |
| Summary: | Over the past decade most developing
economies have involved the private sector in providing
infrastructure services. Indeed, between 1990 and 2002, 136
low- and middle-income countries introduced private
participation in infrastructure sectors-65 of them in at
least three sectors. During that period the private sector
took over the operating or construction risk, or both, for
more than 2,600 astructure projects in developing countries,
attracting investment commitments of more than US$800
billion. These projects have been implemented under schemes
ranging from management contracts to concessions to
divestitures to greenfield build-operate-transfer or
build-operate-own projects. Annual investment flows to
infrastructure projects with private participation grew
strongly between 1990 and 1997, from US$18 billion to more
than US$127 billion. Since then investment flows have
gradually declined, except for a temporary recovery in 2000. |
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