Recent Trends in Private Participation in Infrastructure
Private activity in infrastructure - as measured by investment flows to projects with private participation - grew dramatically in developing countries between 1990 and 1997, from about US$16 billion to US$120 billion. It then declined by about a f...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/09/438314/recent-trends-private-participation-infrastructure http://hdl.handle.net/10986/11460 |
| Summary: | Private activity in infrastructure - as
measured by investment flows to projects with private
participation - grew dramatically in developing countries
between 1990 and 1997, from about US$16 billion to US$120
billion. It then declined by about a fifth to US$95 billion
in 1998, a result of the Asian financial crisis that began
in mid-1997. Private activity in 1998, sustained by a US$19
billion telecommunications privatization in Brazil, remained
above the 1996 level. Investment over the past eight years
totaled nearly US$500 billion. Private investment now
averages about 40 percent of the total for infrastructure in
developing countries. More goes to telecommunications and
energy than other sectors, and more to East Asia and Latin
America than other regions. But almost all developing
countries have some private activity in infrastructure. |
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