Private Investment in IDA Countries in the First Half of 2011 was Concentrated in a Few, Large Projects
In the first semester of 2011, three new projects reached financial closure in the International Development Association (IDA) countries of Lao PDR, Malawi and Zambia, representing investment commitments of US$1.042 billion. Investment in the first...
Main Author: | |
---|---|
Format: | Brief |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2013
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2012/03/16828662/private-investment-ida-countries-first-half-2011-concentrated-few-large-projects http://hdl.handle.net/10986/16179 |
Summary: | In the first semester of 2011, three new
projects reached financial closure in the International
Development Association (IDA) countries of Lao PDR, Malawi
and Zambia, representing investment commitments of US$1.042
billion. Investment in the first semester of 2011 decreased
by 39 percent compared with the first semester of 2010, but
was roughly on par with investment in the first semester of
2009. In the past five years, Investment in the first
semester has generally been over US$1 billion, with the
exception of the financial crisis of 2008. By number of
projects, activity in 2011 decreased by 70 percent compared
with the first semester of 2010 indicating fewer, larger
projects. The three projects reaching financial closure were
unique in that they were relatively large projects for IDA countries. |
---|