Investment Commitments Reach a New Peak in South Asia While the Number of New Projects Declines
Private activity in infrastructure in South Asia showed mixed results in 2008, according to just-released data from the private participation in infrastructure project database. Investment commitments to infrastructure projects with private partici...
| 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/2009/12/11893567/investment-commitments-reach-new-peak-south-asia-number-new-projects-declines http://hdl.handle.net/10986/10955 |
| Summary: | Private activity in infrastructure in
South Asia showed mixed results in 2008, according to
just-released data from the private participation in
infrastructure project database. Investment commitments to
infrastructure projects with private participation reached a
new peak thanks to additional investment in existing
telecommunications operators and new energy and transport
projects that reached financial or contractual closure in
the first half of the year. But investment in new projects
slowed in the second half of the year with the full onset of
the financial crisis. This slowdown led to a decline in the
number of projects for the entire year. The region accounted
for 22 percent of the year's total investment
commitments in developing countries. In 2008, 36
infrastructure projects with private participation reached
financial or contractual closure in three South Asian
countries (Bangladesh, India, and Pakistan). These projects
involve investment commitments of US$17.9 billion.
Infrastructure projects implemented in previous years had
additional commitments of US$15.4 billion, bringing total
investment in 2008 to US$33.4 billion. That represented an
increase of 12 percent from the level reported in 2007 and a
new peak for the region. Both new and existing projects
accounted for the increase. Investment in new projects
increased by 8 percent from the level in 2007, while
investment in existing projects rose by 18 percent. |
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