Publication: Infrastructure Projects : A Review of Canceled Private Projects
Date
2003-01
ISSN
Published
2003-01
Author(s)
Harris, Clive
Hodges, John
Schur, Michael
Abstract
In recent years the renegotiation and,
even more, the cancellation of private infrastructure
projects in developing countries have made the headlines in
the world's financial press. For a variety of reasons
the renegotiation of projects is not an unusual occurrence.
But as this Note explains, only 48 private infrastructure
projects in developing countries were canceled in 1990-2001,
a small fraction of the nearly 2,500 projects that reached
financial closure over this period. The note further
explains the definition of cancellation, the reasons for
cancellation, and expands on the implications for private
provision of infrastructure.
Citation
“Harris, Clive; Hodges, John; Schur, Michael. 2003. Infrastructure Projects : A Review of Canceled Private Projects. Viewpoint: Public Policy for the Private Sector. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/5c039b32-67e5-54de-a85e-df2c007d1039 License: CC BY 3.0 IGO.”
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