Private Power Projects : Annual Investment Flows Grew by 44 Percent in 2003
Drawing on the Bank's Private Participation in Infrastructure Project Database, this Note reviews developments in the electricity sector in 2003. Data for the year show that total investment in electricity projects with private participation a...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2004/12/5531374/private-power-projects-annual-investment-flows-grew-2003 http://hdl.handle.net/10986/11245 |
| Summary: | Drawing on the Bank's Private
Participation in Infrastructure Project Database, this Note
reviews developments in the electricity sector in 2003. Data
for the year show that total investment in electricity
projects with private participation amounted to US$14
billion. Private activity grew strongly in East Asia and
Pacific, but remained stable, or fell in other regions.
After the boom of 1996-2000, investment flows to electricity
fell significantly after peaking in 1997, but are still
comparable to pre-boom levels. Annual investment flows in
2001-03 averaged US$12.9 billion, slightly higher than the
US$12.2 billion in 1990-95. During the boom of 1996-2000
annual flows averaged US$29.8 billion. The decline in
private activity played out differently across the
developing regions. Latin America, the most active region in
the late 1990s, sustained investment flows at levels higher
than those of the early 1990s, while East and South Asia saw
annual flows fall below those levels |
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