Transcript PPI in developing countries

PPI in developing countries
Easy-to-use graphs on the 2008 Latin
America and the Caribbean update of the
PPI Project Database
A product of the World Bank and PPIAF
1
Overview

Notes on the easy-to-use graphs

Regional trends

Trends by type of PPI

Trends by sector

Trends by subsector

Methodological notes
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Notes on the easy-to-use graphs

Graphs include data on projects:



Reaching financial closure in 1990–2008
In low- and middle-income countries as classified by the World Bank
Data on investment commitments are reported in billions of 2008 U.S.
dollars.


The data were adjusted by the U.S. consumer price index, using 2008 as
the base year.
Data at http://ppi.worldbank.org/ are reported in millions of current U.S.
dollars unless otherwise indicated.

Unless otherwise indicated, data on investment commitments in a
year refer to all projects (new and existing), not just new projects
reaching closure in that year.

A graph’s formatting, title, and notes can be changed by double
clicking.

See the last slide for notes on the methodology of the PPI Project
Database.
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Regional trends
4
Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean in real and nominal
terms, 1990–2008
100
90.88
80
60
40.27
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
US$ billions
2008 US$ billions
Source: World Bank and PPIAF, PPI Project Database.
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New infrastructure projects with private participation in Latin
America and the Caribbean, by semester, 1990–2008
New projects
160
140
120
100
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
1st semester
2nd semester
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by type of
investment, 1990–2008
100
2008 US$ billions
New projects
90
160
140
80
120
70
100
60
50
80
40
60
30
40
20
20
10
0
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Investment in physical assets
Payments to the government
New projects
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by implementation
status, 1990–2008
100
2008 US$ billions
New projects
90
160
140
80
120
70
100
60
50
80
40
60
30
40
20
20
10
0
0
1990
1995
2000
2005
Investment in new projects, 1st semester
Investment in new projects, 2nd semester
Additional investment in existing projects
New projects
2008
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to new infrastructure projects with private
participation in Latin America and the Caribbean, by semester, 1995–
June 2009
50
2008 US$ billions
40
30
20
10
0
1995
1996
1997
1998
1999
2000
2001
1st semester
2002
2003
2004
2005
2006
2007
2008
2009 a
2nd semester
a. Data for 2009 are preliminary.
Source: World Bank and PPIAF, PPI Project Database.
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New infrastructure projects with private participation in main
recipients and rest of countries in Latin America and the Caribbean,
1990–2008
160
New projects
140
120
100
80
60
40
20
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Remaining countries
Brazil
Mexico
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in main recipients and rest of countries in Latin America
and the Caribbean, 1990–2008
100
2008 US$ billions
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Remaining countries
Brazil
Mexico
Source: World Bank and PPIAF, PPI Project Database.
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Infrastructure projects with private participation in Latin America
and the Caribbean, by end-2008 status, 1990–2008
160
New projects
140
120
100
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Operational
Construction
Merged
Distressed
Concluded
Canceled
Note: Projects are reported by year of financial closure.
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by end-2008 project
status, 1990–2008
100
2008 US$ billions
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Operational
Construction
Merged
Distressed
Concluded
Canceled
Note: Investment is reported by year of commitment.
Source: World Bank and PPIAF, PPI Project Database.
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Trends by type of PPI
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New infrastructure projects with private participation in Latin America
and the Caribbean, by type of PPI, 1990–2008
160
New projects
140
120
100
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Concessions
Divestitures
Greenfield projects
Management and lease contracts
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by type of PPI,
1990–2008
100
2008 US$ billions
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Concessions
Divestitures
Greenfield projects
Management and lease contracts
Source: World Bank and PPIAF, PPI Project Database.
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New infrastructure projects with private participation in Latin America
and the Caribbean, by type of PPI and semester, 2005–08
40
New projects
30
20
10
Concessions
Divestitures
1st semester
Greenfield projects
2008
2007
2006
2005
2008
2007
2006
2005
2008
2007
2006
2005
2008
2007
2006
2005
0
Management and lease
contracts
2nd semester
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by type of PPI and
implementation status, 2005–08
18
2008 US$ billions
15
12
9
6
3
0
2005
2006
2007
2008
2005
Concessions
Investment in new projects, 1st semester
2006
2007
2008
Divestitures
2005
2006
2007
2008
Greenfield projects
Investment in new projects, 2nd semester
Additional investment in existing projects
Note: Includes investment in projects reaching financial closure in 1990–2008.
Source: World Bank and PPIAF, PPI Project Database.
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Trends by sector
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New infrastructure projects with private participation in Latin
America and the Caribbean, by sector, 1990–2008
160
New projects
140
120
100
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Energy
Telecoms
Transport
Water and sewerage
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by sector, 1990–2008
100
2008 US$ billions
90
80
70
60
50
40
30
20
10
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Energy
Telecoms
Transport
Water and sewerage
Source: World Bank and PPIAF, PPI Project Database.
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New infrastructure projects with private participation in Latin America
and the Caribbean, by sector and semester, 2005–08
30
New projects
25
20
15
10
5
0
2005 2006 2007 2008
Energy
2005 2006 2007 2008
Telecoms
1st semester
2005 2006 2007 2008
2005 2006 2007 2008
Transport
Water and sewerage
2nd semester
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by sector and
implementation status, 2005–08
25
2008 US$ billions
20
15
10
5
0
2005 2006 2007 2008
Energy
2005 2006 2007 2008
2005 2006 2007 2008
Telecoms
Investment in new projects, 1st semester
Additional investment in existing projects
Transport
2005 2006 2007 2008
Water and sewerage
Investment in new projects, 2nd semester
Note: Includes investment in projects reaching financial closure in 1990–2008.
Source: World Bank and PPIAF, PPI Project Database.
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Trends by subsector
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New infrastructure projects with private participation in Latin
America and the Caribbean, by subsector, 1990–2008
160
New projects
140
120
100
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Electricity
Natural gas
Telecoms
Airports
Railways
Roads
Seaports
Water treatment plants
Water utilities
Source: World Bank and PPIAF, PPI Project Database.
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New energy projects with private participation in Latin America and
the Caribbean, by subsector, 1990–2008
80
New projects
70
60
50
40
30
20
10
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Electricity
Natural gas
Source: World Bank and PPIAF, PPI Project Database.
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New transport projects with private participation in Latin America
and the Caribbean, by subsector, 1990–2008
60
New projects
50
40
30
20
10
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Airports
Railways
Roads
Seaports
Source: World Bank and PPIAF, PPI Project Database.
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New water projects with private participation in Latin America and
the Caribbean, by subsector, 1990–2008
25
New projects
20
15
10
5
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Water treatment plants
Water utilities
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to infrastructure projects with private
participation in Latin America and the Caribbean, by subsector,
1990–2008
100
2008 US$ billions
80
60
40
20
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Electricity
Natural gas
Telecoms
Airports
Railways
Roads
Seaports
Water treatment plants
Water utilities
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to energy projects with private participation
in Latin America and the Caribbean, by subsector, 1990–2008
35
2008 US$ billions
New projects
80
70
30
60
25
50
20
40
15
30
10
20
5
10
0
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Electricity
Natural gas
New projects
Source: World Bank and PPIAF, PPI Project Database.
30
Investment commitments to telecom projects with private participation
in Latin America and the Caribbean, by segment, 1990–2008
50
2008 US$ billions
40
30
20
10
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Mobile access
Multiservice providers
Fixed access and long distance
Fixed access
Long distance
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to transport projects with private participation
in Latin America and the Caribbean, by subsector, 1990–2008
20
2008 US$ billions
New projects
60
50
15
40
10
30
20
5
10
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Airports
Railways
Roads
Seaports
New projects
Source: World Bank and PPIAF, PPI Project Database.
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Investment commitments to water projects with private participation
in Latin America and the Caribbean, by subsector, 1990–2008
10
2008 US$ billions
New projects
25
8
20
6
15
4
10
2
5
0
0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Water treatment plants
Water utilities
New projects
Source: World Bank and PPIAF, PPI Project Database.
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Total investment commitments to infrastructure projects with
private participation in Latin America and the Caribbean, by
subsector, 1990–2008
1990–2000
Water
treatment
plants
Seaports
0%
2%
Railways
5%
Airports
1%
Roads
10%
2001–08
Water
treatment
plants
Seaports
1%
2%
Water
utilities
6%
Railways
2%
Electricity
26%
Roads
12%
Airports
2%
Total: US$410.2 billion (2008 US$)
Electricity
23%
Natural
gas
3%
Natural
gas
6%
Telecoms
44%
Water
utilities
2%
Telecoms
53%
Total: US$236.5 billion (2008 US$)
Source: World Bank and PPIAF, PPI Project Database.
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Methodological notes on the PPI Project Database

Data are reported on the basis of commitments, not disbursements.

The database includes only projects that have reached financial or contractual
closure.



For management and lease contracts, a contract authorizing the commencement of management
or lease service must exist.

For concessions and greenfield projects, financial closure is defined as the existence of a legally
binding commitment of equity holders or debt financiers to provide or mobilize funding for the
project. The funding must account for a significant part of the project cost, securing the
construction of the facility.

For divestitures, the equity holders must have a legally binding commitment to acquire the assets
of the facility.
Investments in infrastructure projects are classified as one of two types:

Investment in physical assets. The total cost of developing or expanding the facility during the
contract period is entered as investment data in the year of financial closure. Privately run telecom
projects and energy utilities are exceptions. For these, annual investments in facility expansion
are entered in the year of investment when information is publicly available.

Payments to the government—expenditures on government assets such as state-owned
enterprises or rights to provide services in a specific area or to use radio spectrum. These include
divestiture revenues, license fees, and canon payments. Where divestitures are phased, the
investments are recorded in the years in which the transactions take place.
More information can be found at http://ppi.worldbank.org/
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PPI in developing countries
Easy-to-use graphs on the 2008 Latin
America and the Caribbean update of the
PPI Project Database
A product of the World Bank and PPIAF
36