2011年-世界发展银行全球_Private_Activity_in_Infrastructure_in_the_Middle_East_and_North_Africa_Remained_at_low_Levels_in_2010_2页_553kb

PPI Data Update Note 59 Summary - August 2011

Core Content

This document provides an overview of private participation in infrastructure (PPI) in the Middle East and North Africa (MENA) region for the year 2010. It highlights the number of projects, investment commitments, and sector distribution, offering insights into the trends and key players in the region's PPI activities.

Main Points

• Total Investment in 2010:
  The total investment commitments in infrastructure projects with private participation in the MENA region reached US$6.9 billion in 2010, similar to the US$6.8 billion reported in 2009.

• Number of Projects:
  In 2010, only nine infrastructure projects with private participation reached financial or contractual closure, which is one third of the number reported in 2009.

• Investment Concentration:
  Private investment was heavily concentrated in greenfield projects, specifically BOT (Build, Operate, and Transfer) and BOO (Build, Own, and Operate), which accounted for 72% of the total regional investment.
  Previously divested infrastructure projects attracted 21% of the total investment.

• Top Countries by Investment:
  Egypt, Tunisia, Morocco, and Iraq were the main contributors, accounting for 83% of the total regional investment in 2010.

Key Sectors and Investments

Telecom Sector

• Investment Amount: US$5.8 billion, representing a 23% increase from 2009.
• Sector Share: 85% of the total regional investment.
• Project Focus: No new projects were reported in 2010, but existing projects attracted significant investment.
• Key Countries:
  • Egypt and Morocco accounted for 36% and 19% of regional telecom investment, respectively.
• Investment Distribution:
  • 61% went to mobile operators.
  • 36% went to multi-service providers.

Water and Sewerage Sector

• Investment Amount: US$570 million, a 60% decrease from 2009.
• Sector Share: 8% of the total regional investment.
• Projects in 2010:
  • Egypt: The New Cairo Wastewater Treatment Plant project reached financial closure under a 20-year BOT agreement. It was awarded in June 2009 via competitive bidding.
  • Tunisia: The Djerba desalination plant project reached financial closure under a 20-year BOT agreement, with an investment of US$95 million.
• Regional Contribution: The two projects in the MENA region accounted for 24% of the total annual investment in water and sewerage projects with private participation in developing countries in 2010.

Transport Sector

• Investment Amount: US$500 million, compared to US$159 million in 2009.
• Projects in 2010:
  • Iraq: The Umm Qasr Container Terminal project for Berths 8, 10, and 11 reached contractual closure under a concession contract.
• PPI Type: The project was classified as a Concession (BROT), which includes Build, Rehabilitate, Operate, and Transfer.

Energy Sector

• No New Projects: No new energy projects were reported in the region during 2010.

Additional Notes

• Data Sources: The information is sourced from the World Bank and the PPIAF (Private Participation in Infrastructure Association) PPI Database.
• PPI Types:
  • BOT: Build, Operate, and Transfer
  • BROT: Build, Rehabilitate, Operate, and Transfer
• Investment Units: All investment figures are expressed in current US$ millions.

Conclusion

The MENA region saw relatively stable investment levels in PPI in 2010, with most of the investment concentrated in telecom and greenfield projects. While the number of projects was low, the existing ones attracted substantial capital. Egypt and Tunisia were the leading countries in terms of investment, particularly in telecom and water and sewerage. The transport sector also saw notable investment, especially in Iraq. Overall, the region's PPI activity remained limited but showed some growth in the telecom sector.