Private Participation in the Airport Sector : Recent Trends
During the 1990s private sponsors have participated in projects involving eighty-nine airports in twenty-three developing countries, with investment totaling US$5.4 billion. About three-fifths of this investment was carried out in 1998 alone, and 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/1999/11/439275/private-participation-airport-sector-recent-trends http://hdl.handle.net/10986/11450 |
| Summary: | During the 1990s private sponsors have
participated in projects involving eighty-nine airports in
twenty-three developing countries, with investment totaling
US$5.4 billion. About three-fifths of this investment was
carried out in 1998 alone, and about two-fifths related to
the award of the Argentine airport system that year.
Analysis of the investment patterns shows that Latin America
leads in attracting private investors, operations and
management contracts with major capital expenditure have
been the main vehicle for investment, and governments are
transferring networks to the private sector more often than
single airports or stand-alone facilities. |
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