Items in this collection

Now showing 1 - 4 of 4
  • Publication
    Private Participation in Transport : Lessons from Recent Experience in Europe and Central Asia
    (World Bank, Washington, DC, 2009-06) Monsalve, Carolina
    Facing fiscal constraints, many governments in Central and Eastern Europe and Southeastern Europe have pursued private finance for transport infrastructure more to move investments off budget than to improve efficiency and services. Results have been mixed and suggest a need to focus more on public-private partnerships (PPPs) that can achieve value for money. Today's economic environment will reduce the potential for PPP projects in the short term. Some PPP projects at an advanced stage of procurement may need additional public support, while ambitious projects may need to be phased to reduce their scale to what the market can absorb.
  • Publication
    Investment Commitments in Europe and Central Asia Doubled in 2007
    (World Bank, Washington, DC, 2008-12) Izaguirre, Ada Karina; Mirzagalyamova, Alfiya
    Investment commitments to infrastructure projects with private participation in Europe and Central Asia amounted to US$45.5 billion in 2007, reaching a new peak, according to just-released data from the private participation in infrastructure project database. Europe and Central Asia accounted for 29 percent of the year's total investment commitments in developing countries, a larger share than any other developing region. Investment commitments in the region were almost twice those in 2006, thanks both to new projects and to projects implemented in previous years. The 43 new projects accounted for US$21.3 billion, while projects reaching financial closure in 1990-2006 attracted US$24.2 billion. Investment in physical assets increased by almost 75 percent to US$32 billion, accounting for 70 percent of the year's investment in the region. Payments to the government (such as divestiture revenues and spectrum or concession fees) amounted to US$13.6 billion, the second highest level in the region in 1990-2007.
  • Publication
    Road User Charges : Current Practice and Perspectives in Central and Eastern Europe
    (2008-11-01) Queiroz, Cesar; Rdzanowska, Barbara; Garbarczyk, Robert; Audige, Michel
    This paper covers the most commonly used means to charge road users, including fuel taxes, vehicle taxes, vignettes and tolls. It presents a brief survey of road user charging systems in selected European countries and a more detailed overview of current status and perspectives of road user charges in Poland. Consideration is also given to private financing of roads through different forms of public-private partnerships (PPP), including a review of potential applications of the World Bank toolkit for PPP in highways as an instrument to help decision makers and practitioners to define the best PPP approach for a specific country.
  • Publication
    Private Participation in Infrastructure in Europe and Central Asia : A Look at Recent Trends
    (World Bank, Washington, DC, 2007-08) Vagliasindi, Maria; Izaguirre, Ada Karina
    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.