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Infrastructure investment emerge in emerging economies

Xinhua, June 10, 2015 Adjust font size:

Total infrastructure investments in 139 emerging economies, or projects with private participation in the energy, transport and water sectors, rose to 107.5 billion U.S. dollars in 2014, driven largely by increasing activity in Brazil, according to an update released by the World Bank Group's "Private Participation in Infrastructure" (PPI) database on Tuesday.

The data, covering the period from 1990 to 2014, reviews more than 6,000 projects across 139 low- and middle-income economies. " Our update reveals that the top five countries with the highest investment commitments in 2014 are Brazil, Turkey, Peru, Colombia and India," said Clive Harris, Practice Manager, Public-Private Partnerships, World Bank Group. "These five countries together attracted 78 billion U.S. dollars, representing 73 percent of the investment commitments in the developing world in 2014."

The increase in the global investment commitments total is mainly due to increasing activity in the Latin America and the Caribbean region, which captured 69.1 billion U.S. dollars, much of which is attributable to investment commitments in Brazil, Colombia and Peru, which together accounted for 55 percent of the global total.

The database also reveals investment commitments declines in China and India. Investment commitments in China in 2014 were 2.5 billion U.S. dollars, its lowest level since 2010. Investment commitments in India dropped to 6.2 billion U.S. dollars in 2014. Sub-Saharan Africa saw an especially steep fall to 2.6 billion in 2014 because of a drop in activity in the energy sector.

The energy sector had the largest number of new projects, but the sector with the greatest total of investment commitments was the transport sector, receiving 51 percent of total global investment, according to the database.

The World Bank Group's "Private Participation in Infrastructure (PPI)" database is the leading global source of data on PPI trends in the developing world, covering projects in the energy, transport, and water and sewerage sectors. Endite