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 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.

Bibliographic Details

Main Authors:	Harris, Clive, Hodges, John, Schur, Michael
Other Authors:	Shukla, Padmesh
Language:	English
Published:	World Bank, Washington, DC 2003-01
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 https://hdl.handle.net/10986/11329
Tags:	Add Tag No Tags, Be the first to tag this record!