Transcript PPI in developing countries
PPI in developing countries
Easy-to-use graphs on the 2008 Middle East and North Africa 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
2
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.
3
Regional trends
4
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa in real and nominal terms, 1990 –2008
15
12.54
12 9
5.98
6 3 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.
5
New infrastructure projects with private participation in the Middle East and North Africa, by semester, 1990 –2008
15 New projects 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 1st semester Source: World Bank and PPIAF, PPI Project Database. 2nd semester 6
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by type of investment, 1990 –2008
15 12 9 6 3 2008 US$ billions New projects 15 6 3 12 9 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 0 Investment in physical assets Payments to the government New projects Source: World Bank and PPIAF, PPI Project Database.
7
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by implementation status, 1990 –2008
15 2008 US$ billions 12 9 6 3 0 1990 1995 Investment in new projects, 1st semester Additional investment in existing projects Source: World Bank and PPIAF, PPI Project Database.
New projects 15 12 9 2000 2005 Investment in new projects, 2nd semester 2008 New projects 0 6 3 8
Investment commitments to new infrastructure projects with private participation in the Middle East and North Africa, by semester, 1995 – June 2009
10 2008 US$ billions 8 6 4 2 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 a 1st semester 2nd semester a. Data for 2009 are preliminary.
Source: World Bank and PPIAF, PPI Project Database.
9
New infrastructure projects with private participation in main recipients and rest of countries in the Middle East and North Africa, 1990 –2008
15 New projects 12 9 6 3 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Remaining countries Algeria Arab Republic of Egypt Iraq Morocco Source: World Bank and PPIAF, PPI Project Database. 10
Investment commitments to infrastructure projects with private participation in main recipients and rest of countries in the Middle East and North Africa, 1990 –2008
15 2008 US$ billions 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Remaining countries Algeria Arab Republic of Egypt Iraq Morocco Source: World Bank and PPIAF, PPI Project Database. 11
Infrastructure projects with private participation in the Middle East and North Africa, by end-2008 status, 1990 –2008
15 New projects 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Operational Construction Note: Projects are reported by year of financial closure.
Source: World Bank and PPIAF, PPI Project Database. Merged Concluded Canceled 12
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by end-2008 project status, 1990 –2008
15 2008 US$ billions 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Operational Construction Merged Concluded Canceled Note: Investment is reported by year of commitment.
Source: World Bank and PPIAF, PPI Project Database. 13
Trends by type of PPI
14
New infrastructure projects with private participation in the Middle East and North Africa, by type of PPI, 1990 –2008
15 New projects 12 9 6 3 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.
15
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by type of PPI, 1990 –2008
15 2008 US$ billions 12 9 6 3 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.
16
New infrastructure projects with private participation in the Middle East and North Africa, by type of PPI and semester, 2005 –08
8 New projects 2 0 6 4
Concessions Divestitures
1st semester Source: World Bank and PPIAF, PPI Project Database.
Greenfield projects
2nd semester
Management and lease contracts
17
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by type of PPI and implementation status, 2005 –08
10 2008 US$ billions 8 6 4 2 0 2005 2006 2007 2008 2005
Concessions
Investment in new projects, 1st semester Additional investment in existing projects 2006 2007 2008 2005 2006 2007 2008
Divestitures Greenfield projects
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.
18
Trends by sector
19
New infrastructure projects with private participation in the Middle East and North Africa, by sector, 1990 –2008
15 New projects 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Energy Telecoms Source: World Bank and PPIAF, PPI Project Database. Transport Water and sewerage 20
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by sector, 1990 –2008
15 2008 US$ billions 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Energy Telecoms Source: World Bank and PPIAF, PPI Project Database. Transport Water and sewerage 21
New infrastructure projects with private participation in the Middle East and North Africa, by sector and semester, 2005 –08
6 New projects 5 4 3 2 1 0 2005 2006 2007 2008
Energy
2005 2006 2007 2008
Telecoms
1st semester Source: World Bank and PPIAF, PPI Project Database.
2005 2006 2007 2008
Transport
2nd semester 2005 2006 2007 2008
Water and sewerage
22
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by sector and implementation status, 2005 –08
10 2008 US$ billions 8 6 4 2 0 2005 2006 2007 2008
Energy
2005 2006 2007 2008
Telecoms
Investment in new projects, 1st semester Additional investment in existing projects 2005 2006 2007 2008 Note: Includes investment in projects reaching financial closure in 1990 –2008.
Source: World Bank and PPIAF, PPI Project Database.
Transport
2005 2006 2007 2008
Water and sewerage
Investment in new projects, 2nd semester 23
Trends by subsector
24
New infrastructure projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
15 New projects 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Electricity Telecoms Railways Seaports Water utilities Combined water and electricity utilities Natural gas Airports Roads Water treatment plants Combined water treatment and electricity plants Source: World Bank and PPIAF, PPI Project Database. 25
New energy and water projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
2 1 0 4 3 6 5 8 New projects 7 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Electricity Natural gas Water treatment plants Combined water treatment and electricity plants Water utilities Combined water and electricity utilities Source: World Bank and PPIAF, PPI Project Database. 26
New transport projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
4 3 2 6 New projects 5 1 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. 27
Investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
15 2008 US$ billions 12 9 6 3 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Electricity Telecoms Railways Seaports Combined water treatment and electricity plants Source: World Bank and PPIAF, PPI Project Database. Natural gas Airports Roads Water treatment plants Combined water and electricity utilities 28
Investment commitments to energy and water projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
2 1 4 3 7 6 5 2008 US$ billions 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Electricity Water treatment plants Combined water and electricity utilities Source: World Bank and PPIAF, PPI Project Database. Natural gas Combined water treatment and electricity plants 29
Investment commitments to telecom projects with private participation in the Middle East and North Africa, by segment, 1990 –2008
8 7 6 3 2 5 4 2008 US$ billions 1 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Mobile access Fixed access and long distance Source: World Bank and PPIAF, PPI Project Database. Fixed access 30
Investment commitments to transport projects with private participation in the Middle East and North Africa, by subsector, 1990 –2008
3,0 2008 US$ billions 2,5 2,0 1,5 1,0 0,5 0,0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Roads Seaports Airports Railways Source: World Bank and PPIAF, PPI Project Database. 31
Total investment commitments to infrastructure projects with private participation in the Middle East and North Africa, by subsector, 1990 – 2008 Seaports 4% Roads 0% Railways 1% 1990 –2000 Combined water and electricity utilities 24% Electricity 13% Natural gas 19% Roads 0% Railways 0% Water treatment plants 3% Seaports 7% 2001 –08 Combined water treatment and electricity plants 1% Airports 4% Electricity 10% Natural gas 3% Airports 0% Telecoms 39% Total: US$24.7 billion (2008 US$)
Source: World Bank and PPIAF, PPI Project Database.
Telecoms 72% Total: US$53.3 billion (2008 US$)
32
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/ 33
PPI in developing countries
Easy-to-use graphs on the 2008 Middle East and North Africa update of the PPI Project Database
A product of the World Bank and PPIAF 34