PPIAF

Developing country investors have emerged as a major source of investment finance for infrastructure projects with private participation. Indeed, in 1998–2004 these investors accounted for more of this finance in transport across developing regions and for more in South Asia and
Sub-Saharan Africa than did investors from developed countries. For policymakers this development suggests a need to rethink the criteria used in selecting investors in schemes for private participation, which have been biased toward large international operators. View full document.