Publication: Investment Commitments in the Middle East and North Africa Reached a Peak Level in 2007
Date
2008-12
ISSN
Published
2008-12
Author(s)
Izaguirre, Ada Karina
Perard, Edouard
Abstract
Investment commitments to infrastructure
projects with private participation in the Middle East and
North Africa grew by 7 percent to US$12.8 billion in 2007,
the highest level since 1990, according to just-released
data from the private participation in infrastructure
project database. The region accounted for 8 percent of the
year's total investment commitments to developing
countries. Investment commitments in the region were driven
mainly by projects implemented in previous years. Projects
reaching financial closure in 1990-2006 attracted US$7.8
billion, while the 13 new projects implemented in 2007
accounted for US$5.1 billion. Investment in physical assets
grew by 35 percent to US$8.3 billion, the highest level
ever. Payments to governments (such as divestiture revenues
and spectrum or concession fees) fell from the highest level
reached (US$5.3 billion, in 2006) to US$4.6 billion, about
36 percent of annual investment.
Citation
“Izaguirre, Ada Karina; Perard, Edouard. 2008. Investment Commitments in the Middle East and North Africa Reached a Peak Level in 2007. PPI Data Update; Note No. 17. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/e72508a5-da40-55fd-b904-13d54a6f71a6 License: CC BY 3.0 IGO.”