Attracting Private Investment through Power Sector Reforms
Private sector investment is much needed in emerging markets to upgrade energy supplies, but too often power utilities in these markets are uncompetitive. In order to attract private investment, many aspects of how power utilities are operated need...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/300611477467808782/Attracting-private-investment-through-power-sector-reforms http://hdl.handle.net/10986/30347 |
| Summary: | Private sector investment is much needed
in emerging markets to upgrade energy supplies, but too
often power utilities in these markets are uncompetitive. In
order to attract private investment, many aspects of how
power utilities are operated need to be reformed. With their
experience in helping to structure and finance successful
infrastructure projects in emerging markets, development
finance institutions are well positioned to support emerging
market government efforts to translate power sector reforms
into private investment. Public utilities in emerging
markets are often uncompetitive, creating a drag on economic
growth and development. Public sector reform, however, can
create the enabling environment needed to attract much
needed private sector investment to energy projects. IFC
projects in the Philippines and Pakistan demonstrate how
development institutions can play a role in spurring reform
and bringing in private capital. |
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