India Leads Developing Nations in Private Sector Investment : But the Region Needs More Investment to Meet Demands
India has had the most success attracting more private investment in infrastructure in 2006 than any other developing country. Long-standing policies in most other South Asian countries are beginning to bear fruit as well. Nevertheless, delivering...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/03/9317926/india-leads-developing-nations-private-sector-investment-region-needs-more-investment-meet-demands http://hdl.handle.net/10986/10620 |
| Summary: | India has had the most success
attracting more private investment in infrastructure in 2006
than any other developing country. Long-standing policies in
most other South Asian countries are beginning to bear fruit
as well. Nevertheless, delivering the infrastructure
services needed to sustain and accelerate growth in South
Asia remains a major challenge. Estimates suggest that
closing the gap in service provision and meeting future
needs will require infrastructure investment in the range of
7 to 8 percent of Gross Domestic Product (GDP) a year. The
private sector can do more to help close the region's
infrastructure service deficit. But first the region's
governments will need to close the infrastructure policy
deficit, manifested in many sectors in distorted pricing,
poor governance and accountability, and weak financial and
operational performance. |
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