Investment in New Private Infrastructure Projects in Developing Countries Slowed Down in the First Quarter of 2010
Investment commitments to new infrastructure projects with private participation (PPI projects) reaching closure in developing countries fell by 25 percent in the first quarter of 2010 compared with the same quarter of 2009. The absence of unusuall...
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/09/12817938/investment-new-private-infrastructure-projects-developing-countries-slowed-down-first-quarter-2010 http://hdl.handle.net/10986/10914 |
| Summary: | Investment commitments to new
infrastructure projects with private participation (PPI
projects) reaching closure in developing countries fell by
25 percent in the first quarter of 2010 compared with the
same quarter of 2009. The absence of unusually large
projects (US$4 billion or more), such as those that reached
closure in the first quarter of 2009, explains the
investment decline. If those projects were excluded,
investment would have grown 17 percent in the first quarter
of 2010 compared with the same quarter in 2009. New PPI
activity was concentrated in India, which accounted for more
than half of investment in the first quarter of 2010. Three
other large economies (Brazil, China, and Turkey) saw lower
investment in this quarter than in the same quarter of 2009.
The remaining developing countries saw some investment
growth. By sector, energy continued to account for the bulk
of new investment despite the investment drop in the first
quarter of 2010. In transport, investment was stable
compared with the first quarter of 2009. In water and
sewerage investment grew although it remained at a very low
level. Across sectors, new private activity, as measured by
the number of projects, fell by 25 percent in the first
quarter of 2010 compared with the same quarter of 2009. |
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