2006年-世界发展银行全球_Investment_Flows_to_Transport_Projects_with_Private_Participation_Grew_Strongly_in_2005_4页_330kb

Summary of Private Participation in Infrastructure Database (PPI) - 2005 Investment Flows

Core Content

In 2005, investment flows to transport projects with private participation grew significantly, reaching a total of US$16.2 billion, with the number of projects remaining stable at an annual average of the previous five years. The growth was primarily driven by airports, which accounted for US$7.2 billion, the highest level ever recorded. Seaports also saw a peak with US$4.3 billion, while roads and railways recorded 13% and US$0.5 billion growth respectively.

Main Views

• Investment Growth: Investment flows more than doubled compared to the previous four years and were only 10% below the peak levels of 1997-98.
• Sector Expansion: US$10 billion was allocated for sector expansion, while US$6.2 billion was directed to governments as concession/lease fees.
• Regional Activity: Private activity was concentrated in specific countries, with China, Hungary, India, and Turkey accounting for 65% of total investment flows. These four countries also had 53% of all projects.
• Project Types: Most projects were greenfield projects, while a few involved concessions and management contracts.

Key Information by Region

East Asia and Pacific

• China: Implemented five seaport projects and one road, primarily through greenfield contracts.
• Malaysia: Two greenfield roads reached financial closure through local capital markets.

Europe and Central Asia

• Investment Flow: Reached a record high of US$7 billion.
• Key Countries: Albania, Hungary, Poland, and Turkey.
• Projects:
  • Albania: Tirana International Airport concession (US$308 million).
  • Hungary: Budapest International Airport (US$2,320 million).
  • Turkey: Ataturk Airport concession (US$2,543 million), Mersin port concession (US$825 million), and Ankara-Esenboga Airport Terminal (US$305 million).
  • Poland: A1 Gdansk-Torun Motorway (US$815 million) and a deep-sea container terminal (US$200 million).

Latin America and the Caribbean

• Countries Involved: Brazil, Chile, Costa Rica, Ecuador, Mexico, and Peru.
• Mexico: Most active with four road projects.
• Chile, Costa Rica, and Peru: Each implemented three road concessions.
• Brazil: Two greenfield ports.
• Ecuador: Secured financing for the new Quito airport.

Middle East and North Africa

• Private Activity: Only in Egypt and Oman.
• Egypt: Alexandria International Container Terminals (US$86 million) under concession.
• Oman: Oman International Container Terminal (US$0 million) as a greenfield project.

South Asia

• Countries Involved: India and Bangladesh.
• India: Seven contracts, including:
  • Two greenfield airports (Bangalore and GMR Hyderabad).
  • Two concession roads.
  • One greenfield railway (Kutch Railway).
  • One greenfield port (Gangavaram).
  • One leased container terminal (Panipat Elevated Express Highway).
• Bangladesh: Management contract for Shah Amanat International Airport (US$0 million).

Sub-Saharan Africa

• Projects:
  • Gabon: Trans-Gabonese Railroad concession II (US$92 million).
  • Kenya and Uganda: Joint Kenya-Uganda Railways concession (US$322 million).
  • Madagascar: Port of Toamasina (US$300 million) under concession.

Additional Notes

• A forthcoming note will provide a detailed analysis of private activity in airports.
• The database includes a list of transport projects by region for further reference.