The Role of Developing Country Firms in Infrastructure : A New Class of Investors Emerges
Developing country investors have emerged as a major source of investment finance for infrastructure projects with private participation. The potential role of this investor class is encouraging. For policymakers it suggests a need to rethink priv...
| 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/2006/04/7090326/role-developing-country-firms-infrastructure-new-class-investors-emerges http://hdl.handle.net/10986/10742 |
| Summary: | Developing country investors have
emerged as a major source of investment finance for
infrastructure projects with private participation. The
potential role of this investor class is encouraging. For
policymakers it suggests a need to rethink privatization
design, particularly the criteria used in selecting
investors, which have been biased toward large international
firms. The growth in new private infrastructure firms also
matters because it should reduce the risk of collusion and
other anticompetitive practices. This paper discusses the
role of developing country investors, and their investment
across regions. |
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