Revival of Private Participation in Developing Country Infrastructure

Investment in private participation in infrastructure projects in developing countries in 2004 and 2005 increased sharply. Meanwhile, the distribution of investment across sectors and regions, and the allocation of risks between public and private parties, were shifting. Private sponsors started putting more emphasis on risk mitigation strategies. To take advantage of private sponsors' renewed interest in infrastructure projects, governments need to create risk sharing arrangements that attract private operators while also benefiting governments, taxpayers, and users.

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Bibliographic Details
Main Authors: Kerf, Michel, Izaguirre, Ada Karina
Language:English
Published: World Bank, Washington, DC 2007-01
Subjects:BASE YEAR, CONSUMER PRICE INDEX, DIVERSIFICATION, ECONOMICS, EXPANSION, FIRMS, GDP, INCOME, INCOME GROUPS, INFRASTRUCTURE PROJECTS, INVESTMENT CLIMATE, INVESTMENT COMMITMENTS, INVESTMENT IN INFRASTRUCTURE PROJECTS, NATIONAL INCOME, NONGOVERNMENTAL ORGANIZATIONS, PACIFIC REGION, PRIVATE INFRASTRUCTURE, PRIVATE INVESTMENT, PRIVATE INVESTMENT IN INFRASTRUCTURE, PRIVATE OPERATORS, PRIVATE PARTNERSHIP, PRIVATE SECTOR RISKS, PRIVATE SPONSORS, PUBLIC-PRIVATE PARTNERSHIPS, RISK EXPOSURE, RISK MITIGATION, RISK SHARING, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TRANSPORT, URBAN DEVELOPMENT, WATER TREATMENT, WATER TREATMENT PLANTS,
Online Access:http://documents.worldbank.org/curated/en/2007/01/7479797/revival-private-participation-developing-country-infrastructure
https://hdl.handle.net/10986/10720
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Summary:Investment in private participation in infrastructure projects in developing countries in 2004 and 2005 increased sharply. Meanwhile, the distribution of investment across sectors and regions, and the allocation of risks between public and private parties, were shifting. Private sponsors started putting more emphasis on risk mitigation strategies. To take advantage of private sponsors' renewed interest in infrastructure projects, governments need to create risk sharing arrangements that attract private operators while also benefiting governments, taxpayers, and users.