Infrastructure Projects : A Review of Canceled Private Projects

Infrastructure Projects : A Review of Canceled Private Projects

In recent years the renegotiation and, even more, the cancellation of private infrastructure projects in developing countries have made the headlines in the world's financial press. For a variety of reasons the renegotiation of projects is not...

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Bibliographic Details
Main Authors: Harris, Clive, Hodges, John, Schur, Michael
Other Authors: Shukla, Padmesh
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BIDDING
ELECTRICITY DISTRIBUTION
ELECTRICITY GENERATION
ELECTRICITY SECTOR
GAS DISTRIBUTION
INCOME
INFRASTRUCTURE PROJECTS
INFRASTRUCTURE SERVICES
INNOVATIONS
LOCAL GOVERNMENT
NATURAL GAS
PRICING POLICIES
PRIVATE INFRASTRUCTURE PROJECTS
PRIVATE OPERATORS
PRIVATE SECTOR
PRIVATIZATION
PUBLIC
PUBLIC ENTERPRISES
PUBLIC POLICY
PUBLIC PROVISION
PUBLIC SECTOR
PUBLIC WATER
PUBLIC WATER UTILITIES
REGULATORS
ROADS
TELECOM SERVICES
TELECOMMUNICATIONS
TRAFFIC
TRANSMISSION SYSTEM
USER FEES
UTILITIES
WATER SECTOR
WATER SUPPLY
Online Access:http://documents.worldbank.org/curated/en/2003/01/6569420/infrastructure-projects-review-canceled-private-projects
http://hdl.handle.net/10986/11329
Description
Summary:In recent years the renegotiation and, even more, the cancellation of private infrastructure projects in developing countries have made the headlines in the world's financial press. For a variety of reasons the renegotiation of projects is not an unusual occurrence. But as this Note explains, only 48 private infrastructure projects in developing countries were canceled in 1990-2001, a small fraction of the nearly 2,500 projects that reached financial closure over this period. The note further explains the definition of cancellation, the reasons for cancellation, and expands on the implications for private provision of infrastructure.

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