Private Participation in Infrastructure Database

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This series reviews new private participation in infrastructure (PPI) projects.

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  • Publication
    2017 ICT Backbone Sector: Private Participation in Infrastructure
    (World Bank, Washington, DC, 2018-12-01) World Bank Group
    Starting in 2017, PPI investment has been reported for ICT-backbone infrastructure (such as fiber-optic cables (land-based/submarine cables), mobile towers, base stations and other hard assets) with an active government component, whereby the government is involved by way of being a contracting authority (i.e., a party to a concession agreement) or the full or part-owner of the assets. Information was also back-filled for the previous 10 years based on the new methodology, therefore this note covers a 10-year period. Tracking private investment in this sector will be increasingly important due to the critical role that ICT plays in development. With some seven billion mobile connections and 60-percent coverage of 3G networks worldwide, the ICT sector is critical for disruptive innovation and for leapfrogging development and enhancing the impact of the fourth Industrial Revolution. In 2017, private investment in ICT amounted to USD 3.0 billion across six projects (including one cross-border project). This marked a significant increase over the investment level of USD 462 million in 2016, as well as the previous 10-year average (2007-2016) of USD 1.3 billion. The 3.2-percent share of ICT in global PPI investment in 2017 marked the second highest share of the last 10 years, after the four-percent share in 2008. However, the ICT sector only accounted for an average of 1.3 percent of global PPI investment over the last 10 years. Overall, there were 37 ICT-backbone projects recorded since 2008, totaling USD 14.1 billion. Of six projects in 2017, two fell into the category of mobile-network infrastructure development. The remaining projects were submarine/land fiber-optic cable-installation projects. The two network development projects, namely the USD 1.5 billion 4G-network-development project in Myanmar and the USD 946 million national-mobile-network development project in Mexico, contributed more than 80 percent of the total ICT investment. The average project size in 2017 (USD 500 million) was almost five times higher than in 2016, because all the projects in 2016 were cable-installation projects, which are typically smaller than network-development projects. However, the average project size in the previous ten-year period was USD 381 million.
  • Publication
    Snapshot : Sponsors from Singapore and Infrastructure Projects with Private Participation (1990-2011)
    (World Bank, Washington, DC, 2013-03) Militaru, Andreea
    A total of United States (U.S.) 38 billion dollars in investment commitments, 107 infrastructure projects, 19 countries, and 4 sectors: this is a quick snapshot of what Singaporean companies invested in private infrastructure projects from 1990 to 2011.1 Nearly 67 percent of total investment and over 85 percent of all infrastructure projects were implemented after 2000. Private investment peaked in 2007 when Singaporean sponsors invested over U.S. 6.4 billion dollars and developed a number of 19 new infrastructure projects. The project was expected to cost U.S. 1,426.38 million dollars and achieved financial closure in September 2007. A consortium of banks with rural electrification corporation in the lead provided the debt for the project.
  • Publication
    Investment Commitments to Telecommunications Continued at Peak Levels in 2008
    (World Bank, Washington, DC, 2009-11) Izaguirre, Ada Karina; Jett, Alexander N.
    Investment commitments to telecommunications projects with private participation in low- and middle-income countries amounted to US$78.1 billion in 2008, according to just-released data from the Private Participation in Infrastructure Project database. This level of investment commitments (hereafter, investment) represents an increase of around 1 percent from the previous peak reached in 2007. As before, investment was driven by projects implemented in previous years. Projects that reached financial closure in 1990-2007 attracted investment of US$74.7 billion, while new projects implemented in 2008 accounted for US$3.4 billion. Investment in physical assets (that is, network expansion) grew by 7 percent to US$71.6 billion, reaching a new peak for the fourth consecutive year. Payments to the government (such as spectrum or concession fees and divestiture revenues) fell by 37 percent to US$6.5 billion, the lowest level since 2004. The data do not allow the separation by semester of additional investment in existing projects to see whether such investment slowed in the second half of the year with the full onset of the financial crisis. But its slower growth in 2008 as a whole compared with the previous four years suggests a more cautious approach to capital expenditure.