Private Infrastructure
Drawing on the World Bank's Private Participation in Infrastructure Project Database, this Note provides an overview of private activity in infrastructure in developing countries between 1990 and 2000. Three main trends characterized that deca...
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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/2002/06/2530025/private-infrastructure http://hdl.handle.net/10986/11346 |
| Summary: | Drawing on the World Bank's Private
Participation in Infrastructure Project Database, this Note
provides an overview of private activity in infrastructure
in developing countries between 1990 and 2000. Three main
trends characterized that decade: Private activity in
infrastructure grew each year except 1998 and 1999. Most
developing countries introduced some form of private
activity in infrastructure. But Latin America and East Asia
captured most of the investment. The 1990s marked the
reemergence of private participation in infrastructure in
the developing world after decades of nationalization and
public sector management. Between 1990 and 2000, 130
developing countries had infrastructure projects with
private participation, and 54 of them introduced private
participation in at least three infrastructure sectors.
During that decade developing country governments
transferred to the private sector the operating or
construction risk, or both, for more than 2,300
infrastructure projects and attracted investment commitments
of almost US$690 billion.1 Those projects were implemented
under a range of schemes: management contracts,
divestitures, and greenfield facilities (build-operate-own
contracts, build-operate-transfer contracts, and merchant facilities). |
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