Private Participation in Infrastructure in Europe and Central Asia : A Look at Recent Trends

This note asserts that Eastern Europe and Central Asia is attracting more investment to infrastructure projects with private participation than any other developing region except Latin America. Members of the European Union (EU) and countries seeking membership account for most of the investment. The Russian Federation is emerging as a leader both in attracting private activity and in sponsoring projects in neighboring countries. Telecommunications and energy are the leading sectors. But new regulatory challenges are emerging as a result of exclusivity periods in telecommunications and greater market concentration and vertical reintegration in energy.

Bibliographic Details

Main Authors:	Vagliasindi, Maria, Izaguirre, Ada Karina
Language:	English
Published:	World Bank, Washington, DC 2007-08
Subjects:	ACCOUNTING, AIRPORT, AIRPORT CONCESSION, AIRPORT LEASE, AIRPORTS, BALANCE, BENEFITS OF COMPETITION, CAPITAL EXPENDITURE, COMPETITION IN GENERATION, COMPETITIVE MARKETS, CONCESSION, CONCESSION FEES, CONCESSIONS, CONSUMER PRICE INDEX, COST RECOVERY, DEBT, DEBT SWAP, DEVELOPING COUNTRIES, DISTRIBUTION ASSETS, DISTRIBUTION COMPANIES, DISTRIBUTION LOSSES, DIVESTITURE, ECONOMICS, ELECTRICITY, ELECTRICITY DISTRIBUTION, EXPENDITURE, FINANCIAL CLOSURE, GAS DISTRIBUTION, GAS TRANSMISSION, GENERATION, HOLDING, INDEPENDENT POWER PRODUCERS, INFRASTRUCTURE PROJECTS, INFRASTRUCTURE REGULATION, LEASE CONTRACTS, LOW TARIFFS, MANAGEMENT CONTRACTS, MARKET CONCENTRATION, MARKET STRUCTURE, NATURAL GAS, PAYMENTS TO GOVERNMENTS, PERFORMANCE INDICATORS, PHYSICAL ASSETS, POLITICAL STABILITY, POWER, POWER PLANT, POWER PRODUCERS, POWER SECTOR, PRICE INCREASES, PRIVATE INVESTMENT, PRIVATE INVESTORS, PRIVATE OPERATORS, PRIVATIZATION, PUBLIC INVESTMENT, PUBLIC UTILITIES, RAILWAY, RAILWAY SYSTEM, RAILWAYS, REGULATORY FRAMEWORK, RETURN, ROAD, ROAD SECTOR, SERVICE RELIABILITY, SHARE OF INVESTMENT, TARIFF REFORMS, TELECOMMUNICATIONS, TENDERS, TRANSACTION, TRANSITION ECONOMIES, TRANSMISSION ASSETS, TRANSPORT, URBAN DEVELOPMENT, UTILITIES, WATER UTILITIES, WITHDRAWAL,
Online Access:	http://documents.worldbank.org/curated/en/2007/08/8823531/private-participation-infrastructure-europe-central-asia-look-recent-trends https://hdl.handle.net/10986/10647
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