45267 PPI data update note 10 July 2008 Private activity in transport continued at peak levels for second year 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. In 2007, 94 projects, involving investment commitments (hereafter, "investments") of US$27 billion, reached financial or contractual closure in 26 low- and middle-income countries.1 In addition, transport projects implemented in previous years had additional commitments of US$4 billion, bringing total investment to US $31.4 billion2. Investments remained around the 2006 peak (see charts) even when only investments in physical assets are counted--that is, excluding payments to the government (such as concession or lease fees and divestiture revenues). Figure 1 Private activity in transport projects with Figure 2 Investment commitments to transport projects with private participation in developing countries, 1990-2007* private participation in developing countries by form of investment 2007 2007 US$ billion Projects 40 140 35 120 30 100 2000 25 80 20 60 15 10 40 5 20 1990 0 - 0 5 10 15 20 25 30 35 1990 1995 2000 2005 2007 2007 US$ billion* Airports Railroads Roads Seaports Projects Investments in physical assets Payments to the government Source: World Bank and PPIAF, PPI Project Database. *Adjusted by the 2007 US CPI *Adjusted by the 2007 US CPI Source: World Bank and PPIAF, PPI Project Database. The use of a variety of financial arrangements to cover project costs or collect revenues was prominent in the transport projects, particularly those in the road sector. For projects allowed to collect user charges such as toll fees, the schemes included fixed government payments to cover the expected gap between project revenues and costs or periodic payments required to cover the actual gap. For projects not allowed to collect user charges, the arrangements included predetermined annuity payments to cover expected construction and operational costs or periodic payments based on the number of vehicles actually using the road (shadow tolls). 1Data on private transport projects include primarily medium-size and large projects as reported by the media and other public sources. Small-scale projects are generally not included due to lack of public information. The Czech Republic and Estonia became high-income countries according to the 2007 World Bank country classification (released in July 2007) and are therefore excluded from the 2007 update. 2 The 2007 transport update of the PPI Project Database (ppi.worldbank.org) includes 27 more projects for 2001­06 than were reported in the 2006 update (PPI data update note 5). As a result, investments in 2006 changed from the US$30 billion reported in 2006 to the US$31.4 billion reported in 2007. 1 Of the 94 projects in 2007, at least 37 had either fixed or variable government payment commitments. That represents a 39% share, up from 28% in 2006 and 8% in 2001­05. Most of these 37 projects were implemented in Latin America and India. Concessions and greenfield projects were the most common forms of projects3. Concessions represented 50% of transport investment in 2007 while greenfield projects (mainly BOT contracts) accounted for 42% of investment Activity by subsector. With 63 projects in 2007, the road sector accounted for most of the transport activity as well as most of its growth. These projects involved around 6,600 kilometers of road and investment of US$18 billion. Such investment level in private roads was never seen before, even if the number of projects remained around the peak level reached in 2006. However, the activity was highly concentrated in a few countries. Of 11 countries that signed road projects, three (India, Indonesia, and Mexico) accounted for 76% of projects and 67% of investments. Sixteen contracts in seaports, involving investment of US$5.3 billion, were implemented in 12 countries.4 In addition, US$2.6 billion was committed to existing seaport projects, bringing the total investment to almost US$8 billion. For the 12 projects for which capacity information was available, total annual capacity amounted to 47 million twenty-foot equivalent units (TEU). Twelve new airport projects, involving investment of US$3.5 billion, reached financial or contractual closure in 11 countries in 2007. Although such investments represented just half of investment in the previous two years, they were still the third highest in the 1990-2007 period. Three new railway contracts were granted in 2007 with totaling investments of US$1.1 billion. Those projects included two concessions (one for Ferrovia Norte Sul in Brazil and the other for Tanzania Railways in Tanzania) and one management contract for Metro of Algiers in Algeria. Activity by region. In 2007, new private activity was highly concentrated by region. Four countries--Mexico, India, China, and Indonesia--accounted for 53% of investment and 67% of projects. The top six countries by investment (with Turkey and Brazil added to the list) represented 66% of investment and 72% of projects. In East Asia new private activity took place in four countries. China signed 11 contracts involving investments of US$3.8 billion. Of the new contracts, five were BOT contracts for roads, four were for seaports (three BOT contracts and one concession), and the remaining two were for airports (one BOT contract and one partial divestiture). Indonesia implemented 10 road projects with investments of US$2.8 billion. Of these projects, nine were greenfield projects and involved 390 kilometers of new road projects. The remaining one was the partial divestiture of PT Jasa Marga (Persero), the Indonesian state-owned road operator. In Malaysia, a BOT contract for Kajang- Seremban Highway was implemented. In Vietnam, a 50-year BOT contract for a seaport terminal was implemented. In Europe and Central Asia seven countries implemented nine contracts, six of which were in airports. In Armenia, the government signed a 24-year concession for Shirak Airport. In Georgia, a 20-year lease contract for Batumi international airport and 48-year concessions for Batumi container terminal were implemented. In Hungary, the government signed a 3-year BOT contract for expansion operation of two sections of M6 & M60 motorways. Under the contract, the 3This note use the term "concession" as defined in the methodology of PPI Project Database which is different from the definition commonly used in transport literature. The latter one uses a broad sense, including not only Build, Rehabilitate, Operate, and Transfer (RBOT) projects as well as Rehabilitate, Operate, Transfer (ROT) ones but also Build, Operate, Transfer (BOT) contracts. In other infrastructure literature such as those of electricity and water, the term "concession" refers mainly to contracts dealing with operation and expansion/rehabilitation of existing assets. 4Investment in seaport projects may be underestimated because of the lack of public information on investment figures for some projects. 2 government will receive the toll revenues and pay the concessionaire a fixed annuity payment. In Kazakhstan, a 10-year management contract was signed for Astana International Airport. In the Russian Federation, a management contract for Sheremetyevo International Airport Terminal II became effective. In Turkey, a 17-year lease contract and signed for Antalya Airport and a 36- year concession was signed for the port of Mersin. The latter contract was awarded in 2005, but took two years to solve legal challenges. In Latin America and the Caribbean eight countries implemented 25 projects. In Argentina, a 20-year seaport concession was signed for Bahia Blanca Container Terminal. In Brazil, three projects were implemented: a 25-year concession for State Highway MG-050, a 30 concession for Norte Sul railroad, and a greenfield container terminal project. In Chile, the 40-year BOT contract for Acceso Nororiente awarded in 2004 reached financial closure. In Colombia, two contracts were signed with one being a 20-year concession for San Andres and Providencia Airports and the other a BOT contract for Bucaramanga Highway. In addition, five existing seaport projects obtained contract extensions and committed additional investments for a total of US$1.1 billion. In Costa Rica, the 25-year concession for San Jose Caldera highway reached financial closure. In Ecuador, a 20-year concession for Guayaquil Port was implemented. In Mexico, nine road projects reached financial closure, involving 1,080 kilometers and investment of US$6.1 billion. Of that amount, the first FARAC highway concession package accounted for US$4.1 billion and included four roads that were concessioned in the early 1990s but bought back by the government in 1997 due to the financial difficulties experienced by the concessionaires. Six of the other Mexican road projects had government support through either revenue guarantees or variable payments. Mexico also implemented a BOT contract for a seaport terminal and another for an airport cargo terminal. In Peru the BOT contract for Muelle Sur port terminal and four road contracts were implemented. The road projects involved investments of US$875 million and 2,000 kilometers. Three of these projects were sections of Inter-Oceanic Highway which connects Brazil and Peru, and included government payment commitments to cover the gap between project costs and revenues. The other road concession included fixed government payments to cover the expected construction and operational costs. In the Middle East and North Africa three countries had new private activity. The government of Algeria signed a 9-year management contract for the Metro of Algiers. In Jordan, a 25-year concession was signed for Queen Alia International Airport. Finally, the government of Tunisia signed a 40-year concession for Enfidha and Monastir Airports. In South Asia, India and Pakistan implemented 32 new projects. India executed 31 new projects with all but two being road projects. The 29 road projects involved over 1,700 kilometers and US$2.8 billion in investments. Of these projects, 24 included government payment commitments through either annuity payments to cover the expected construction and operational costs or through capital grants to cover the expected gap between project costs and revenues. The two remaining transport contracts were greenfield seaport projects in Chennai and Orissa. Pakistan signed a 40-year concession for Gwadar Port Phase II. In Sub-Saharan Africa two countries had new private activity. In Angola, a 20-year concession was signed for the Luanda Container Terminal with a consortium led by AP Moller ­ Maersk Group. In Tanzania, a 25-year concession for Tanzania Railways was signed with Indian RITES. The contract was awarded in 2005. Potential new projects. In addition to the 94 new projects that reached financial or contractual closure in 2007, 53 projects at least were awarded but did not reach closure by December 2007. In East Asia, there were ten potential projects including five roads, four seaports, and a railway project. In Europe and Central Asia, there were five potential projects including two airports, two seaports, and one road. In Latin America and the Caribbean, there were 20 potential projects including 15 roads, three seaports, and two airports. In the Middle East and North Africa there were three potential projects which were two railways and one seaport. In South Asia there were eleven potential projects including one airport, seven seaports, and three road projects. In Sub- 3 Saharan Africa, there were four potential projects which are three railway contracts and a seaport project. Canceled and distressed projects. In 2007, the number of canceled or distressed transport projects grew by 6, bringing the total number to 63 (53 were canceled and 10 were distressed). Those projects represent 6% of all transport projects and 10% of investments in transport. Six projects were cancelled in 2007. In Argentina, two railway concessions (Transportes Metropolitanos Belgrano and Transportes Metropolitanos Roca) granted in 1994 were canceled by the federal government, citing concessionaire's lack compliance with service obligations. In Bangladesh, Thai Airways canceled its 10-year management contract for Shah Amanat Airport with the government due to delays in transferring the airport management. In Guatemala, Railroad Development Corp stopped operating Guatemala Rail Network (Ferrovias Guatemala) which was operating under a 50-year concession granted in 1998. The operator had also filed for international arbitration, claiming that recent government actions had amounted to indirect expropriation and direct interference with its contractual rights. In Mexico, Genessee and Wyoming Inc. requested the cancellation of the 30-year for concession Coatzacoalcos Port - Merida Railway and then stopped operating it due to damages caused by a hurricane in 2005. In Peru, the 30-year Callao expressway concession granted in 2001 was canceled by the local government, citing lack of compliance with investment obligations. Concluded projects. One project concluded in 2007: the 13-year concession for Montevideo- Punta del Este Toll Road in Uruguay granted in 1994. See the list of projects by region. 4 Transport projects reaching financial closure in 2007 Note: .. denotes missing data; n.a. means not applicable East Asia and Pacific Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US$ (US$ support type millions) millions) 1 China Fujian Sanming Construction Airports Greenfield 60 54.95 n.a. n.a. .. Hainan Tongao Group (.. / Airport project China), Hong Kong Zhilong (BOT) Group (.. / Hong Kong, China) 2 China Inner Mongolia Construction Roads Greenfield 100 51.97 n.a. n.a. .. Dongda Mongolia King Tianjiagedan Yellow project Group (100% / China) River Bridge Project (BOT) 3 China Mianyang-Suining Construction Roads Greenfield 100 348.18 n.a. n.a. 80 KM Sichuan Hanlong Group Expressway Project project (100% / China) (BOT) 4 China Qingdao New Construction Seaports Greenfield 59.2 1000 n.a. n.a. 6000 Dubai Holding (24% / Qianwan Container project Throughput United Arab Emirates), AP Terminal Joint (BOT) (thousands) Moller - Maersk Group Venture (16% / Denmark), Pan Asia International Shipping Ltd (20% / China) 5 China Tianjin Port North Construction Seaports Greenfield 49 825.72 n.a. n.a. 4000 PSA Corp (49% / Gangchi Container project Throughput Singapore) Terminal Phase III (BOT) (thousands) 6 China Xi'an Xianyang Operational Airports Divestiture 24.5 263.16 n.a. n.a. Fraport AG (25% / International Airport Germany) Company Ltd 7 China Xiannvhu Road Construction Roads Greenfield 75 45.17 n.a. n.a. 11 KM China Water Affairs Group project Ltd (75% / Hong Kong, (BOT) China) 8 China Yangshuo-Luzhai Construction Roads Greenfield 493.42 n.a. n.a. 87 KM MTD Capital Bhd Group Expressway Project project (.. / Malaysia) (BOT) 9 China Yantai Rising Dragon Operational Seaports Concession 60 101.56 n.a. n.a. 900 International Container International Throughput Terminal Services Inc. Container Terminals (thousands) (ICTSI) (60% / Philippines) Ltd 10 China Yibin-Chongqing Construction Roads Greenfield 70 498.37 n.a. n.a. 80 KM Bosideng Corporation Expressway Yibin- project (79% / China) Luzhou Section (BOT) 11 China Zhenjiang City Construction Seaports Greenfield 100 150 n.a. n.a. New Universe International Xinminzhou Port project Group Ltd (100% / Hong Phase I (BOT) Kong, China) 12 Indonesia Cikampek â" Construction Roads Greenfield 100 812 n.a. n.a. 114 KM PLUS Expressways Palimanan Toll project Berhad (PEB) (55% / Road (BOT) Malaysia) 5 13 Indonesia Cinere-Jagorawi Construction Roads Greenfield 186 n.a. n.a. 14 KM PT Translingkarkita Toll Road project (100% / Indonesia) (BOT) 14 Indonesia Depok - Antasari Construction Roads Greenfield 62.5 237 n.a. n.a. 18 KM PT Citra Marga Nusaphala Toll Road project Persada (55% / (BOT) Indonesia) 15 Indonesia Kanci-Pejagan Toll Construction Roads Greenfield 92 226 n.a. n.a. 54 KM PT Bakrie Investindo Road project (80% / Indonesia) (BOT) 16 Indonesia Kertosono-Mojokerto Construction Roads Greenfield 90 181 n.a. n.a. 12 KM PT Hanurata Coy Ltd. Toll Road project (45% / Indonesia) (BOT) 17 Indonesia Makassar Seksi IV Construction Roads Greenfield 100 49 n.a. n.a. 11 KM PT Bosowa Marga Nusantara Toll Road project (100% / Indonesia) (BOT) 18 Indonesia Pejagan - Pemalang Construction Roads Greenfield 90 275 n.a. n.a. 56 KM PT Sumber Mitra Jaya Toll Road project (80% / Indonesia) (BOT) 19 Indonesia Pemalang - Batang Construction Roads Greenfield 80 182 n.a. n.a. 35 KM PT Sumber Mitra Jaya Toll Road project (70% / Indonesia) (BOT) 20 Indonesia PT Jasa Marga Operational Roads Greenfield 30 371.9 n.a. n.a. 496 KM Others (30% / ..) (Persero) Tbk project (BOT) 21 Indonesia Semarang - Batang Construction Roads Greenfield 100 355 n.a. n.a. 75 KM PT Marga Setia Puritama Toll Road project (100% / Indonesia) (BOT) 22 Malaysia Kajang-Seremban Construction Roads Greenfield 100 272 n.a. n.a. 44 KM Antah Holdings Bhd (AHB) Highway project (50% / Malaysia), IJM (BOT) Corporation Berhad (50% / Malaysia) 23 Vietnam Saigon Construction Seaports Greenfield 100 267 n.a. n.a. .. Hutchison Port Holdings International project (70% / Hong Kong, China), Terminals Vietnam (BOT) Saigon Investment Limited (SITV) Construction & Commerce Co Ltd (30% / Vietnam) Europe and Central Asia Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US (US$ support type $millions) millions) 1 Armenia Shirak Airport Operational Airports Concession 100 10 n.a. n.a. 1 runway Corporacion America Concession (CASA) (100% / Argentina) 2 Georgia Batumi Operational Airports Lease 100 28.5 n.a. n.a. 1 runway TAV Airports Holding Co. International contract (60% / Turkey), Urban Airport (30% / Turkey) 6 3 Georgia Batumi Operational Seaports Concession 100 31 n.a. n.a. 100 International Container International Throughput Terminal Services Inc. Container Terminal (thousands) (ICTSI) (100% / Philippines) 4 Hungary M6 & M60 Construction Roads Greenfield 100 1588 .. Fixed 80 KM Strabag Austria (30% / Motorway project government Austria), Bouygues (15% Expansion (BOT) payments / France), Colas SA (15% / France), John Laing Infrastructure Ltd (30% / United Kingdom) 5 Kazakhstan Astana Operational Airports Management 100 0 n.a. n.a. 1 runway Malaysia Airports Holding International contract Berhad (MAHB) (100% / Airport Malaysia) 6 Romania Brasov-Ghimbav Construction Airports Greenfield 100 116.8 n.a. n.a. 1 runway Intelcan Technosystems International project Inc (63% / Canada) Airport (BOT) 7 Russian Sheremetyevo Operational Airports Management 49 0 n.a. n.a. 1 runway Changi Airports Federation International contract International Pte Ltd Airport Terminal (CAI) (49% / Singapore) 8 Turkey Antalya Airport Operational Airports Lease 100 1556 n.a. n.a. 3 runways Fraport AG (51% / Contract contract Germany), IC Holding (49% / Turkey) 9 Turkey Port of Mersin Operational Seaports Concession 100 825 n.a. n.a. 800 PSA Corp (.. / Singapore), concession Throughput Akfen Holding (.. / (thousands) Turkey) Latin America and the Caribbean Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US (US$ support type $millions) millions) 1 Argentina Bahia Blanca Construction Seaports Concession 100 9.5 n.a. n.a. Terminal de Servicios ContainerTerminal Portuarios Patagonia Norte SA (100% / Argentina) 2 Brazil Norte Sul Railroad Construction Railroads Concession 100 793.9 n.a. n.a. 720 KM Companhia Vale do Rio Doce SA (CVRD) (100% / Brazil) 3 Brazil State Highway MG- Operational Roads Concession 100 366 33 Fixed 372 KM Grupo Equipav (100% / 050 government Brazil) payments 4 Brazil Tecon Santa Construction Seaports Greenfield 100 230 n.a. n.a. 450 Batistella Group (70% / Catarina project Throughput Brazil), Hamburg Sud (Merchant) (thousands) (30% / Germany) 5 Chile Acceso Nororiente Construction Roads Greenfield 100 273 n.a. Revenue 22 KM Sacyr Vallehermoso SA project Guarantee (SyV) (100% / Spain) (BOT) 7 6 Colombia Bucaramanga Construction Roads Greenfield 100 77 n.a. n.a. 83 KM Grodco SA (.. / Colombia) Metropolitan project Highway (ZMB) (BOT) 7 Colombia San Andres and Operational Airports Concession 100 20 n.a. n.a. 2 Runways Aeropuerto San Andres y Providencia Providencia SA (ASAP) Airports (100% / Colombia) 8 Costa Rica San Jose Caldera Construction Roads Greenfield 100 330 n.a. n.a. 77 KM Sacyr Vallehermoso SA Highway project (35% / Spain), Caja Madrid (BOT) (18% / Spain), Grupo Soares da Costa (17% / Portugal), Fomento de Construcciones y Contratas SA (FCC) (18% / Spain) 9 Ecuador Guayaquil Port Operational Seaports Concession 100 200 n.a. n.a. 600 International Container Concession Throughput Terminal Services Inc. (thousands) (ICTSI) (.. / Philippines), PSA Corp (.. / Singapore) 10 Mexico Arriaga - Construction Roads Concession 100 287 n.a. Revenue 140 KM Aldesa Construcciones SA Ocozoautla Guarantee (.. / Spain), Agrupacion de Highway Package Companias Constructoras de Veracruz SA de CV (.. / Mexico) 11 Mexico Coatzacoalcos Construction Roads Greenfield 100 186.7 n.a. n.a. 2 KM Fomento de Construcciones Underwater Tunnel project y Contratas SA (FCC) (50% (BOT) / Spain), Caja Madrid (50% / Spain) 12 Mexico First FARAC Highway Operational Roads Concession 100 4167 n.a. n.a. 558 KM ICA SA de CV (20% / Concession Package Mexico), Goldman Sachs & Co (80% / United States) 13 Mexico Lazaro Cardenas Construction Seaports Greenfield 100 50 n.a. n.a. Grupo Mexicano de Mineral Terminal project Desarrollo SA de CV (25% (BOT) / Mexico), Cemex (50% / Mexico), Techint SA (25% / Argentina) 14 Mexico Morelia-Aeropuerto Construction Roads Greenfield 100 69 n.a. n.a. 26 KM Empresa Purepecha Highway project (100% / Mexico) (BOT) 15 Mexico Nueva Italia - Construction Roads Concession 100 51.6 n.a. Variable 32 KM Impulsora del Desarrollo Y El Apatzingan government Empleo en América Latina Highway payments SA de CV (IDEAL) (.. / Mexico), Corporacion de Constructora de Vias Terrestres SA de CV (.. / Mexico), GAMI Ingeniera e Instalaciones (.. / Mexico), Supra Construcciones SA de CV (.. / Mexico) 16 Mexico Nuevo Laredo Construction Airports Greenfield 100 7 n.a. n.a. Tecnologia en Sistemas Cargo Terminal project Ambientales SA de CV (.. / (BOT) Mexico), Operadora de Puentes Internacionales SA de CV (.. / Mexico) 8 17 Mexico Nuevo Necaxa - Construction Roads Concession 100 650 n.a. Variable 85 KM ICA SA de CV (50% / Thuatlan Highway government Mexico), Fomento de payments Construcciones y Contratas SA (FCC) (50% / Spain) 18 Mexico Puente Internacional Construction Roads Greenfield 100 60.1 n.a. Revenue 10 KM Grupo Marhnos (.. / Reynosa - Anzalduas project Guarantee Mexico) (BOT) 19 Mexico Rio Verde - Ciudad Construction Roads Concession 100 341 n.a. Variable 113 KM ICA SA de CV (100% / Valles Highway government Mexico) payments 20 Mexico Saltillo-Monterrey Construction Roads Greenfield 100 277 n.a. Revenue 115 KM Isolux (80% / Spain), Highway project Guarantee Elsamex (20% / Spain) (BOT) 21 Peru Callao South Dock Construction Seaports Greenfield 100 400 n.a. n.a. 750 DP World (70% / United Container Terminal project Throughput Arab Emirates), Uniport (BOT) (thousands) SA (30% / Peru) 22 Peru Costa Sierra Construction Roads Concession 100 31 .. Fixed 78 KM Grana y Montero SA Section 1B government (100% / Peru) payments 23 Peru Inter-Oceanic Construction Roads Concession 100 98.9 n.a. Revenue 758 KM Grana y Montero SA (.. / Highway Section 1 Guarantee Peru), JJC Contratista (.. / Peru), Ingenieros Civiles y Contratistas Generales SA (.. / Peru) 24 Peru Inter-Oceanic Construction Roads Greenfield 100 562 n.a. Variable 306 KM Construtora Andrade Highway Section 4 project government Gutierrez (34% / Brazil), (BOT) payments Construtora Queiroz Galvao (34% / Brazil), Construcoes e Comercio Camargo Correa (34% / Brazil) 25 Peru Inter-Oceanic Construction Roads Concession 100 183.9 n.a. Revenue 828 KM Hidalgo and Hidalgo SA (.. / Highway Section 5 Guarantee Ecuador), Cono Norte- Construccion y Administracion SA (.. / Peru) Middle East and North Africa Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US (US$ support type $millions) millions) 1 Algeria Metro of Algiers Construction Railroads Management 100 161 n.a. n.a. .. RATP Developpement (.. / contract France) 2 Jordan Queen Alia Construction Airports Concession 100 675 n.a. n.a. .. Joannou & Paraskevaides International (19% / Channel Islands), Airport Abu Dhabi Investment (38% / United Arab Emirates), Noor Financial Investment Company (24% / Kuwait) 9 3 Tunisia Enfidha and Monastir Operational Airports Concession 100 840 n.a. n.a. .. TAV Airports Holding Co. International Airports (100% / Turkey) South Asia Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US (US$ support type $millions) millions) 1 India Aurangabad-Jalna- Operational Roads Concession 100 74 n.a. n.a. 66 KM PBA Infrastructure Ltd Jintur Project on (49% / India), Sadbhav MSH-6 Engineering Ltd (51% / India) 2 India Bhopal - Dewas Operational Roads Concession 100 107 20 Fixed 143 KM MSK Projects (India) Ltd (.. road project government / India), Chetak Enterprises payments Pvt Ltd (.. / India), BSBK Pvt Ltd (.. / India) 3 India Bongulur to Construction Roads Greenfield 100 73 18 Fixed 13 KM Maytas Infrastructure Pvt Tukkuguda - Outer project government Ltd (50% / India), Gayatri Ring Road (BOT) payments Projects Ltd (50% / India) 4 India Chandpur - Operational Roads Concession 100 16 6 Fixed 100 KM Keti Infrastructure Pvt Ltd Alirajpur Kukshi government (100% / India) Badwani Road payments 5 India Chennai Second Construction Seaports Greenfield 80 150 n.a. n.a. 8000 Sical (32% / ..), PSA Corp Container Terminal project Throughput (48% / Singapore) (BOT) (thousands) 6 India Delhi - Ramgarh - Operational Roads Concession 100 6.32 n.a. n.a. 35 KM Vishesh Infrastructure Pvt Alwar Ltd (100% / India) 7 India Dhamra Port Operational Seaports Greenfield 100 600 n.a. n.a. 25000 Tata Enterprises (50% / Project Phase - I project Throughput India), Larsen & Toubro (BOT) (thousands) Limited (50% / India) 8 India Expressway from Construction Roads Greenfield 100 75 .. Fixed 12 KM Induni & Cie SA (.. / Narsingi to Kollur project government Switzerland), Era Group payments (.. / India) 9 India Expressway from Construction Roads Greenfield 100 107 0 Fixed 13 KM KMC Constructions Ltd (.. Pedda Amberpet to project government / India), Infrastructure Bongulur (BOT) payments Leasing & Financial Services (.. / India) 10 India Gwalior Bypass on Construction Roads Greenfield 100 75 0 Fixed 42 KM Era Group (.. / India), NH-3 and NH-75 project government Shriram Group (.. / India), (BOT) payments Ramky Group (51% / India) 11 India Gwalior-Jhansi NH- Operational Roads Concession 100 151 0 Fixed 80 KM DS Constructions Ltd (.. / 75 government India), Apollo Infrastructure payments Projects Finance Company (.. / India) 12 India Islam Nagar-Kadtal Operational Roads Concession 100 137 0 Fixed 48 KM Patel Engineering Ltd (.. / NH-7 government India), KNR Constructions payments Ltd (.. / India) 10 13 India Jaora Nayagaon Operational Roads Concession 100 184.92 0 Fixed 126 KM VIVA Highways Private Road Project government Ltd (49% / India), SREI payments Infrastructure Finance Ltd (28% / India) 14 India Jhansi to Lalitpur Operational Roads Concession 100 106 0 Fixed 50 KM Gayatri Projects Ltd (51% (Km 0 to km government / India), Infrastructure 49.79) NH-26 payments Development Finance Company Ltd (IDFC) (49% / India) 15 India Jhansi to Lalitpur Operational Roads Concession 100 77.5 0 Fixed 49 KM Infrastructure Development (Km 49.79 to km government Finance Company Ltd (IDFC) 99) NH-26 payments (49% / India), Gayatri Projects Ltd (51% / India) 16 India Kollur to Construction Roads Greenfield 100 125 20.25 Fixed 12 KM Gayatri Projects Ltd (50% / Patancheru - Outer project government India), Maytas Infrastructure Ring Road (BOT) payments Pvt Ltd (50% / India) 17 India Lakhnadon-MP/MH Operational Roads Concession 100 102 0 Fixed 56 KM Sadbhav Engineering Ltd Border NH-7 government (51% / India), SREI payments Infrastructure Finance Lid (49% / India) 18 India Lebad Jaora Road Operational Roads Concession 100 105 0 Fixed 125 KM Essel Group (100% / Project government India) payments 19 India Madurai - Tuticorin Operational Roads Concession 100 157 36 128 KM SREI Infrastructure Finance section - NH-45B Ltd (49% / India), Madhucon Projects Ltd (51% / India) 20 India Mandsaur-Sitamau Operational Roads Concession 100 6.3 2.5 Fixed 44 KM Suryavanshi Infrastructure Road government Pvt Ltd (100% / India) payments 21 India Matkuli-Tamia- Operational Roads Concession 100 23.52 9.68 Fixed 108 KM Keti Infrastructure Pvt Ltd Chhindwara Road government (100% / India) Project payments 22 India MH/AP Border to Operational Roads Concession 100 90.1 Fixed 55 KM Avinash (.. / India), Soma Islam Nagar NH-7 government Enterprise Ltd (.. / India) payments 23 India Nelamangala- Operational Roads Concession 100 145.51 0 n.a. 20 KM Navayuga Group (100% / Bangalore NH-4 India) 24 India Pondicherry - Operational Roads Concession 100 71.25 11.25 Fixed 39 KM Maytas Infrastructure Pvt Tindivanam NH-66 government Ltd (50% / India), payments Navayuga Group (50% / India) 25 India Salem to Karur Operational Roads Concession 100 75 n.a. n.a. 42 KM MRK Prasad Rao (.. / (NH-7) India), M Venkat Rao (.. / India), JTEC (.. / India) 26 India Salem-Ulundurpet Operational Roads Concession 100 235.25 91.51 Fixed 136 KM Reliance ADA Group NH-68 government (100% / India) payments 27 India Second Adityapur Operational Roads Concession 100 13.75 2 Fixed 3 KM Infrastructure Leasing & Toll Bridge over government Financial Services (100% River Kharkali payments / India) 11 28 India Thrissur Edapalli Operational Roads Concession 100 99.23 0 Fixed 40 KM KMC Constructions Ltd Project on NH-47 government (51% / India), SREI payments Infrastructure Finance Ltd (49% / India) 29 India Trichy - Karur on Operational Roads Concession 100 129 37 Fixed 80 KM Reliance ADA Group NH-67 government (100% / India) payments 30 India Trichy Dindigul on Operational Roads Concession 100 144 56.58 Fixed 88 KM Reliance ADA Group NH-45 government (100% / India) payments 31 India Zirakpur-Parwanoo Operational Roads Concession 100 73.75 29.25 Fixed 29 KM Jaiprakash Associates NH-22 government Limited (100% / India) payments 32 Pakistan Gwadar Port Phase Operational Seaports Concession 100 550 n.a. n.a. 500 PSA Corp (100% / II Throughput Singapore) (thousands) Sub Saharan Africa Country Project Name Project Sub- Type of Private Investment Government Type of Capacity Main sponsors Status sector PPI equity Commitment cash support government size and (%) (US (US$ support type $millions) millions) 1 Angola Luanda Container Operational Seaports Concession 100 53 n.a. n.a. .. AP Moller - Maersk Group Terminal (51% / Denmark), Gesto de Fundos (49% / Angola) 2 Tanzania Tanzania Operational Railroads Concession 51 134 n.a. n.a. 2700 KM Rail India Technical and Railways Economic Services (RITES Ltd) (51% / India) 12