Private Infrastructure: Activity Down by 30 Percent in 2002
Author: Ada Karina Izaguirre Date: 2/5/2004 (PDF, 200KB)
Drawing on the World Bank's Private Participation in Infrastructure Project Database, this Note reviews developments in 2002. Investment in projects with private participation totaled US$47.5 billion - falling back to 1994 levels - and 128 projects reached financial closure. Energy was the only sector in which private activity grew in 2002, driven by natural gas transport projects. Europe and Central Asia and South Asia saw private activity grow in 2002. And in low-income countries private activity rose to among the group's highest investment levels in 1990-2002.