Publication:
Investment Flows to Transport Projects with Private Participation Grew Strongly in 2005

Loading...
Thumbnail Image
Files in English
English PDF (304.16 KB)
167 downloads
English Text (15.49 KB)
63 downloads
Published
2006-07
ISSN
Date
2012-08-13
Author(s)
Editor(s)
Abstract
Investment flows to transport projects with private participation grew significantly, while the number of projects remained stable, according to just-released data from the Private Participation in Infrastructure Database. The growth in investment flows was primarily driven by airports. A forthcoming note will analyze private activity in airports in more depth.
Link to Data Set
Citation
World Bank. 2006. Investment Flows to Transport Projects with Private Participation Grew Strongly in 2005. PPI Data Update; Note No. 2. © World Bank. http://hdl.handle.net/10986/11038 License: CC BY 3.0 IGO.
Digital Object Identifier
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue

Related items

Showing items related by metadata.

  • Publication
    Private Activity in Transport Shows Strong Growth in 2006
    (Washington, DC, 2007-09) World Bank
    This note states that the number of new transport projects with private participation, along with the associated investment commitments, grew strongly for the second consecutive year, according to just-released data from the Private Participation in Infrastructure Project Database.
  • Publication
    Private Activity in Transport Slows Down in 2009, But Remains Concentrated in Road Projects
    (World Bank, Washington, DC, 2010-09) Izaguirre, Ada Karina; Nicholas, Alexander
    Private activity in transport declined for the third consecutive year in developing countries. Investments fell by 20 percent and the number of projects dropped by 19 percent in 2009 compared with 2008, according to recently released data from the Private Participation in Infrastructure Database. New private activity in transport was concentrated in road projects, and in a few large developing economies such as Brazil, India, and Mexico. In 2009, 50 transport projects with private participation reached financial or contractual closure in 20 low- and middle-income countries. These projects involved investment commitments of US$19.2 billion. Transport projects implemented in previous years received additional commitments of US$2.5 billion, bringing total investment in 2009 to US$21.7 billion. The private activity was concentrated in the first two quarters of 2009, which accounted for 75 percent of investment in new projects and 64 percent of new projects. Similar concentration occurred in 2008 before the full onset of the global financial crisis. The backlog of projects from the second half of 2008 and the easing of financial constraints in the first half of 2009 (compared with the second half of 2008) may partially explain the concentration of PPI activity in the first half of 2009. Preliminary data suggests that activity by investment and number of projects in the first quarter of 2010 was similar to that reported in the first quarter of 2009.
  • Publication
    Private Activity in Transport Continued at Peak Levels for Second Year
    (Washington, DC, 2008-07) World Bank
    This note states that private activity in transport was strong in 2007, following an upward trend over the last three years. Although lower than in 2006, the number of transport projects with private participation, along with the associated investment commitments, remained at peak levels in 2007, according to just-released data from the Private Participation in Infrastructure Project Database.
  • Publication
    High Level of Private Activity in Energy, Transport, and Water in IDA Countries in 2010
    (World Bank, Washington, DC, 2011-01) Perard, Edouard
    In 2010, 24 energy, transport, and water projects with private participation reached financial or contractual closure in 12 of the 63 International Development Association (IDA) countries involving investment commitments of US$7.5 billion That investment represents a record level compared with the US$1 to US$3 billion annual investment's range of the last five years (US$1 billion in 2009). The number of projects also increased significantly with nine additional projects compared to 2009. This increase was driven mostly by the energy sector, which accounted for 19 of the 24 new projects and for US$6.8 billion in investments. In comparison the energy sector had only 10 projects in 2009 representing US$605 million in investments. The largest 2010 energy project was the Hongsa partially captive coal power plant in Laos, which involved investment commitments of US$3.7 billion. In addition to energy projects, four transport projects with private participation reached financial closure in four IDA countries representing more than US$728 million in investments.
  • Publication
    Multidimensionality and Renegotiation : Evidence from Transport-Sector Public-Private-Partnership Transactions in Latin America
    (World Bank, Washington, DC, 2008-07) Estache, Antonio; Guasch, Jose-Luis; Iimi, Atsushi; Trujillo, Lourdes
    Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their public-private-partnership transactions. However, it is difficult to achieve auction efficiency with multiple award criteria. Using auction data from road and railway concessions in Latin America, the probability of renegotiation this paper estimates by a two-stage least squares technique with a binary selection in the first-stage regression. The findings show that auctioneers tend to adopt the multidimensional format when the need for social considerations, such as alleviation of unemployment, is high. This implies that such political considerations could hinder efficiency and transparency in auctions. The analysis also shows that the renegotiation risk in infrastructure concessions increases when multidimensional auctions are used. Rather, good governance, particularly anti-corruption policies, can mitigate the renegotiation problem.

Users also downloaded

Showing related downloaded files

  • Publication
    Beyond Borders
    (Washington, DC: World Bank, 2025-01-22) Energy Sector Management Assistance Program (ESMAP)
    This report provides a foundational guide to regional energy integration, with a particular focus on developing and emerging economies. Many regions are about to integrate power grids and markets across national boundaries, which can offer economic benefits, enhanced power supply quality and security, and opportunities for scaling up climate change mitigation measures. The report begins with an overview of the different levels of power system integration, followed by an analysis of the primary drivers behind regional energy integration. It identifies five key building blocks essential for achieving deeper integration: interconnection infrastructure, planning and investment coordination, technical and operational coordination, commercial arrangements and market design, and institutional architecture. The report also highlights the key challenges hindering the development of these building blocks, particularly issues related to political cooperation and financing. It concludes by advocating for a collaborative, step-by-step approach, along with institutional capacity building and innovative financing mechanisms, to advance regional energy integration efforts.
  • Publication
    Vietnam
    (World Bank, Hanoi, 2020-05-01) World Bank
    Following from Vietnam’s ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in late 2018 and its effectiveness from January 2019, and the European Parliament’s recent approval of the European Union-Vietnam Free Trade Agreement (EVFTA) and its subsequent planned ratification by the National Assembly in May 2020, Vietnam has further demonstrated its determination to be a modern, competitive, open economy. As the COVID-19 (Coronavirus) crisis has clearly shown, diversified markets and supply chains will be key in the future global context to managing the risk of disruptions in trade and in supply chains due to changing trade relationships, climate change, natural disasters, and disease outbreaks. In those regards, Vietnam is in a stronger position than most countries in the region. The benefits of globalization are increasingly being debated and questioned. However, in the case of Vietnam, the benefits have been clear in terms of high and consistent economic growth and a large reduction in poverty levels. As Vietnam moves to ratify and implement a new generation of free trade agreements (FTAs), such as the CPTPP and EVFTA, it is important to clearly demonstrate, in a transparent manner, the economic gains and distributional impacts (such as sectoral and poverty) from joining these FTAs. In the meantime, it is crucial to highlight the legal gaps that must be addressed to ensure that national laws and regulations are in compliance with Vietnam’s obligations under these FTAs. Readiness to implement this new generation of FTAs at both the national and subnational level is important to ensure that the country maximizes the full economic benefits in terms of trade and investment. This report explores the issues of globalization and the integration of Vietnam into the global economy, particularly through implementation of the EVFTA.
  • Publication
    Digital Africa
    (Washington, DC: World Bank, 2023-03-13) Begazo, Tania; Dutz, Mark Andrew; Blimpo, Moussa
    All African countries need better and more jobs for their growing populations. "Digital Africa: Technological Transformation for Jobs" shows that broader use of productivity-enhancing, digital technologies by enterprises and households is imperative to generate such jobs, including for lower-skilled people. At the same time, it can support not only countries’ short-term objective of postpandemic economic recovery but also their vision of economic transformation with more inclusive growth. These outcomes are not automatic, however. Mobile internet availability has increased throughout the continent in recent years, but Africa’s uptake gap is the highest in the world. Areas with at least 3G mobile internet service now cover 84 percent of Africa’s population, but only 22 percent uses such services. And the average African business lags in the use of smartphones and computers as well as more sophisticated digital technologies that catalyze further productivity gains. Two issues explain the usage gap: affordability of these new technologies and willingness to use them. For the 40 percent of Africans below the extreme poverty line, mobile data plans alone would cost one-third of their incomes—in addition to the price of access devices, apps, and electricity. Data plans for small- and medium-size businesses are also more expensive than in other regions. Moreover, shortcomings in the quality of internet services—and in the supply of attractive, skills-appropriate apps that promote entrepreneurship and raise earnings—dampen people’s willingness to use them. For those countries already using these technologies, the development payoffs are significant. New empirical studies for this report add to the rapidly growing evidence that mobile internet availability directly raises enterprise productivity, increases jobs, and reduces poverty throughout Africa. To realize these and other benefits more widely, Africa’s countries must implement complementary and mutually reinforcing policies to strengthen both consumers’ ability to pay and willingness to use digital technologies. These interventions must prioritize productive use to generate large numbers of inclusive jobs in a region poised to benefit from a massive, youthful workforce—one projected to become the world’s largest by the end of this century.
  • Publication
    Transforming Karachi into a Livable and Competitive Megacity
    (Washington, DC: World Bank, 2018-02-27) World Bank
    With a population of 16 million, Karachi is the largest megacity in Pakistan. Despite being a large city that is home to many, it has seen a substantial decline in quality of life and economic competitiveness in recent decades. Basic service delivery is very poor, with very low indicators for water supply, sanitation, public transport and public spaces. Pollution levels are high, and the city is vulnerable to disasters and climate change. A highly complex political economy, institutional fragmentation, land contestation, crime and security issues and social exclusion exacerbate these issues and make city management challenging. The Karachi City Diagnostic and Transformation Strategy attempts to present detailed data on the economy, livability and key urban services of the city, by identifying and quantifying the requirements to bridge the services gap in the city. It also proposes pathways towards the transformation of Karachi into a more livable, inclusive and economically competitive city by outlining policy actions that the city can undertake. The first part of the report provides an in-depth review of Karachi and is organized into three themes focused on key aspects of city management: (i) city growth and prosperity – discussing city economy, competitiveness, business environment and poverty; (ii) city livability – discussing urban and spatial planning, urban governance and municipal service delivery (water and sanitation, public transport and solid waste); and (iii) sustainability and inclusiveness – discussing the city’s long term resilience based on fiscal management, disaster resilience and climate change, and social inclusion. In each section, a diagnostic is provided on the issues, along with possible prioritized actions to resolve them. The second part of the report concludes by identifying four pillars for city transformation. These include: (i) building inclusive, coordinated and accountable institutions; (ii) greening Karachi for sustainability and resilience; (iii) leveraging on the city's economic, social and environmental assets; and (iv) creating a smart city through smart policies and technology.
  • Publication
    GEF and Small Island Developing States
    (Washington, DC, 2005) Global Environment Facility
    The report highlights the GEF's work with small island developing states (SIDS) on key natural resource issues -climate change, biodiversity, international waters, and land degradation. It also describes the GEF's strategic priorities for SIDS over the next five years, recognizing the interrelatedness of SIDS' global environmental problems and their links to economic and social development. The Global Environment Facility (GEF) hopes this report will contribute to discussions at the International Meeting for the 10-Year Review of the Barbados Program of Action. The GEF fully supports the Barbados Program of Action as a fundamental framework for the sustainable development of SIDS and looks forward to continuing to work with SIDS on its implementation in areas consistent with the GEF's mandate.