PPIAF

Investment commitments in projects with private participation grew more rapidly in transport than in any other infrastructure sector in 2005–06. The investment doubled in 2005 and rose another 30 percent in 2006, to almost $30 billion. The 111 new projects in low- and middle-income countries meant substantially higher investment in airports, railways, and seaports, though investment in roads declined.

Concession projects were the most common type, followed by greenfield projects. An emerging trend, particularly in the road sector, was the use of a variety of financial arrangements to cover project costs or collect revenues such as predetermined government payments. The sector accounted for most of the activity and most of its growth.

Six countries represented repesented 75 percent of the investment: China, India, Indonesia, Mexico, Peru and South Africa. Sub-Saharan Africa saw new private activity in six countries: Equatorial Guinea, Kenya, Nigeria, South Africa, Sudan, and Uganda. Central Asia and Europe also had new activity in six countries: Bulgaria, Georgia, Latvia, the Russian Federation, the Slovak Republic, and Turkey. Latin America had new projects in eight countries, and the Middle East and North Africa in three. In South Asia two countries, India and Pakistan, had new private activity.

This information is drawn from the Private Participation in Infrastructure Project Database, a joint initiative of PPIAF and the World Bank. For a full report from click here. For more about PPIAF’s work in this area, click here.