World Bank releases report on private investment in infrastructure
Multi-billion dollar projects, more target countries, and more government support fuelled a 37% rebound in private sector investment in developing-country infrastructure projects, says the World Bank. But 2017 investment commitment levels remained 15% below the average for the past five years, the World Bank's 2017 Annual Update of the Private Participation in Infrastructure (PPI) Database found.
Fifty-two developing countries received private investment in infrastructure in 2017, up from 37 in 2016. Also, 20 mega-projects - with an average size of $2.4 billion - accounted for 51% of the total investment, contributing to the increase over 2016 levels.