Private Investment in Transport Returns to Pre-Crisis Levels in 2010
In 2010, 93 transport projects with private participation reached financial or contractual closure in 16 low- and middle-income countries, involving investment commitments (hereafter investments) of US$28.3 billion.1 In addition, transport projects...
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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/2011/07/15669177/private-investment-transport-returns-pre-crisis-levels-2010 http://hdl.handle.net/10986/10886 |
| Summary: | In 2010, 93 transport projects with
private participation reached financial or contractual
closure in 16 low- and middle-income countries, involving
investment commitments (hereafter investments) of US$28.3
billion.1 In addition, transport projects implemented in
1990-2009 attracted new investment of US$0.7 billion,
bringing total investment in transport to US$29 billion in
2010. Investment in 2010 increased by 40 percent compared
with 2009, bringing investment back to pre-crisis levels. By
number of projects, activity in 2010 grew by 75 percent
compared with 2009. Private activity was concentrated in
India and road projects globally. India alone accounted for
56 percent of investment and 61 percent of new projects,
driving most of the growth in activity in 2010. Road
projects accounted for 69 new projects and US$20 billion of
investment, the highest level thus far thanks to activity in
India. In addition, there were sixteen port projects with
investment of US$3.7 billion, two railway projects with
investments of US$3 billion, and six airport projects with
investments of US$2.3 billion. |
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