RETOS EN LA IMPLEMENTACION DE ASOCIACIONES PUBLICO PRIVADAS EN AMERICA LATINA

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  • RETOS EN LA IMPLEMENTACION DE ASOCIACIONES PUBLICO PRIVADAS EN AMERICA LATINA

    Tegucigalpa, Abril, 2008

  • LA debe recuperar tiempo perdido .Latinoamrica ha perdido terreno en comparacin con los Tigres Asiticos, China y pases de ingreso medio (Infrastructure in Latin America and the Caribbean: Recent Developments and Key Challenges, Fay and Morrison) Solo en telefona celular, agua y saneamiento, LA ha tenido un desempeo comparativamente bueno. Sin embargo, 58 millones de personas no tienen acceso a agua potable.Esto es particularmente notable dado que LA es una regin ms rica que el promedio de pases de ingreso medio y que China en trminos per cpita.

  • y aprovechar las oportunidades. Telecoms domina con 55% de los compromisos de inversin Transporte mostr segundo ao de fuerte crecimiento con US$30 bnEnerga se mantiene en una rango de US$16-20 bn desde 2001Agua recibi inversiones por US$2 bn, dentro del rango de US$12 billones de los ltimos 5 aosFuente: World Bank and PPIAF, PPI Project Database.

  • La competencia por inversiones es ms intensa.Todas las regiones en desarrollo vieron crecer sus inversiones en el 2006 excepto Europa y Asia Central, donde las inversiones decrecieron de su pico en 2005, y el Sudeste Asitico que se menatuvo. Las inversiones se distribuyen ms parejamente desde 2002

    Fuente: World Bank and PPIAF, PPI Project Database.

  • y la distribucin regional es ms pareja.Fuente: World Bank and PPIAF, PPI Project Database.1990-20002001-06

  • Componentes para enfrentar el reto con inversin privadaMarco jurdico

    Marco institucional

    Comunicaciones

    Nivel proyecto

  • Marco jurdico completoMarco jurdico: Legislacin apropiadaLey de concesionesQuien otorgaComo se otorga: Normas sobre licitacionesQuien supervisaDefinicin sobre ciclo de proyectoTemas relacionadosImplicaciones contables y fiscalesArbitraje internacional

  • Las APP requieren normas especiales, son distintas a las Adquisiciones TradicionalesUniverso limitado de participantes Estado: de comprador a promotorTemas: rentabilidad, proteccin legal, disciplina en pagos, garantas gubernamentalesMejor preparacin de proyectosProyecciones de demandaFactibilidad econmica y financieraAnlisis de sensibilidadEquipo de gobiernos slido, de tcnico a financiero y legalLicitacin: Flexibilidad, Eficiencia y TransparenciaDIFERENCIASCONSECUENCIAS

  • y tambin distintas a las Privatizaciones

  • Nivel institucional: Prepararse para ejecutarArreglos InstitucionalesImplementacin de unidad PPPDonde se localizaUnidad centralizada o descentralizadaFunciones: apoyo o ejecutoraManejo de riesgosValorizacin y sistema de monitoreo del soporte pblico a proyectos PPP (i.e. subsidios, garantas)Capacitacin de entidades otorgantes y supervisorasContratacin de asesores

  • Mejorar la aceptacin pblica ..Bajos niveles de aceptacin de la inversin privada an en pases con resultados positivosFalta de consultaIncrementos tarifarios sin mejoras en la calidad del servicioInterferencia poltica para ajustes tarifarios o cobranzasNecesidad de programa de comunicaciones y mayor participacin

  • y controlar renegociacionesContratos de Concesin renegociados en Amrica Latina1988-2001(actualizacin al 2005 en parntesis)Fuente: Guasch (2004)

    Concesiones RenegociadasTiempo promedio para RenegociacinTodos los Sectores42%(59%)2.1 aos(2.7)Electricidad10%(21%)2.3 aosTransporte57%(67%)3.1 aosAgua75%(82%)1.7 aos

  • Nivel proyectoActividadProductoDiseo del ProyectoImplementacin del proyectoAnlisis del ProyectoAnlisisMercadoAnlisisTcnicoAnlisisLegalAnlisisFinancieroOpcionesEstratgicasGob decideopcin APP?PromocinMemorandumde InformacinProceso deLicitacinDocumentos de LicitacinCierreDocumentosContractualesFinalesAnlisis deMercadoGobacepta? Anlisis CompletoDecisinActividad ProductoLeyenda

  • APPs son transacciones complejas .Transacciones complejas > Tiempo y costo de preparacinEn vista de que se debe atraer inversionistas privados, los proyectos deben estar muy bien preparados, incluyendo no solamente el rea tcnica sino tambin las reas financiera y legal

  • .. que requieren estructuras balanceadas y atractivasBuena calidad de proyectosInformacin completa y confiableBuen manejo de asesoresAsesores con experienciaLiderar los asesoresCosto se puede recuperar de la transaccinEstructuras balanceadasObjetivos gubernamentales claros y priorizadosCapacidad de pago de usuariosCapacidad de pago del sector pblicoAtractivas a los inversionistasDistribucin adecuada de riesgosEstructura de project financeBancabilidad: Acceso a mercados financieros en trminos y plazos adecuados

  • Atraer inversionistas no es tarea fcilConcentracin de Mercado en los 10 Primeros Sponsors en TransportePropuestos y en implementacinFuente: PWF Major Project Survey October, 2004Fuente: PPI Database - World BankSponsors en proyectos PPPsDe Transportes LA - 2004

    Chart2

    0.1825557809

    0.1666666667

    0.1958128079

    0.178529755

    0.1752988048

    0.1660039761

    0.1950970378

    0.2381386861

    0.2461005199

    0.2506596306

    0.2559087205

    All Projects

    Years

    Percentage

    List of Economies

    World Bank list of economies (July 2005)

    EconomyCodeRegionIncome groupIndebtednessOther

    1AfghanistanAFGSouth AsiaLow incomeDebt not classified

    2AlbaniaALBEurope & Central AsiaLower middle incomeLess indebted

    3AlgeriaDZAMiddle East & North AfricaLower middle incomeLess indebted

    4American SamoaASMEast Asia & PacificUpper middle incomeDebt not classified

    5AndorraADO..High income: nonOECDDebt not classified

    6AngolaAGOSub-Saharan AfricaLower middle incomeSeverely indebted

    7Antigua and BarbudaATGLatin America & CaribbeanUpper middle incomeDebt not classified

    8ArgentinaARGLatin America & CaribbeanUpper middle incomeSeverely indebted

    9ArmeniaARMEurope & Central AsiaLower middle incomeLess indebted

    10ArubaABW..High income: nonOECDDebt not classified

    11AustraliaAUS..High income: OECDDebt not classified

    12AustriaAUT..High income: OECDDebt not classifiedEMU

    13AzerbaijanAZEEurope & Central AsiaLower middle incomeLess indebted

    14Bahamas, TheBHS..High income: nonOECDDebt not classified

    15BahrainBHR..High income: nonOECDDebt not classified

    16BangladeshBGDSouth AsiaLow incomeLess indebted

    17BarbadosBRBLatin America & CaribbeanUpper middle incomeLess indebted

    18BelarusBLREurope & Central AsiaLower middle incomeLess indebted

    19BelgiumBEL..High income: OECDDebt not classifiedEMU

    20BelizeBLZLatin America & CaribbeanUpper middle incomeSeverely indebted

    21BeninBENSub-Saharan AfricaLow incomeModerately indebtedHIPC

    22BermudaBMU..High income: nonOECDDebt not classified

    23BhutanBTNSouth AsiaLow incomeSeverely indebted

    24BoliviaBOLLatin America & CaribbeanLower middle incomeModerately indebtedHIPC

    25Bosnia and HerzegovinaBIHEurope & Central AsiaLower middle incomeLess indebted

    26BotswanaBWASub-Saharan AfricaUpper middle incomeLess indebted

    27BrazilBRALatin America & CaribbeanLower middle incomeSeverely indebted

    28BruneiBRN..High income: nonOECDDebt not classified

    29BulgariaBGREurope & Central AsiaLower middle incomeSeverely indebted

    30Burkina FasoBFASub-Saharan AfricaLow incomeModerately indebtedHIPC

    31BurundiBDISub-Saharan AfricaLow incomeSeverely indebtedHIPC

    32CambodiaKHMEast Asia & PacificLow incomeModerately indebted

    33CameroonCMRSub-Saharan AfricaLow incomeModerately indebtedHIPC

    34CanadaCAN..High income: OECDDebt not classified

    35Cape VerdeCPVSub-Saharan AfricaLower middle incomeModerately indebted

    36Cayman IslandsCYM..High income: nonOECDDebt not classified

    37Central African RepublicCAFSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    38ChadTCDSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    39Channel IslandsCHI..High income: nonOECDDebt not classified

    40ChileCHLLatin America & CaribbeanUpper middle incomeModerately indebted

    41ChinaCHNEast Asia & PacificLower middle incomeLess indebted

    42ColombiaCOLLatin America & CaribbeanLower middle incomeModerately indebted

    43ComorosCOMSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    44Congo, Dem. Rep.ZARSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    45Congo, Rep.COGSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    46Costa RicaCRILatin America & CaribbeanUpper middle incomeLess indebted

    47Cte d'IvoireCIVSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    48CroatiaHRVEurope & Central AsiaUpper middle incomeSeverely indebted

    49CubaCUBLatin America & CaribbeanLower middle incomeDebt not classified

    50CyprusCYP..High income: nonOECDDebt not classified

    51Czech RepublicCZEEurope & Central AsiaUpper middle incomeLess indebted

    52DenmarkDNK..High income: OECDDebt not classified

    53DjiboutiDJIMiddle East & North AfricaLower middle incomeLess indebted

    54DominicaDMALatin America & CaribbeanUpper middle incomeSeverely indebted

    55Dominican RepublicDOMLatin America & CaribbeanLower middle incomeLess indebted

    56EcuadorECULatin America & CaribbeanLower middle incomeSeverely indebted

    57Egypt, Arab Rep.EGYMiddle East & North AfricaLower middle incomeLess indebted

    58El SalvadorSLVLatin America & CaribbeanLower middle incomeModerately indebted

    59Equatorial GuineaGNQSub-Saharan AfricaUpper middle incomeLess indebted

    60EritreaERISub-Saharan AfricaLow incomeSeverely indebted

    61EstoniaESTEurope & Central AsiaUpper middle incomeSeverely indebted

    62EthiopiaETHSub-Saharan AfricaLow incomeModerately indebtedHIPC

    63Faeroe IslandsFRO..High income: nonOECDDebt not classified

    64FijiFJIEast Asia & PacificLower middle incomeLess indebted

    65FinlandFIN..High income: OECDDebt not classifiedEMU

    66FranceFRA..High income: OECDDebt not classifiedEMU

    67French PolynesiaPYF..High income: nonOECDDebt not classified

    68GabonGABSub-Saharan AfricaUpper middle incomeSeverely indebted

    69Gambia, TheGMBSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    70GeorgiaGEOEurope & Central AsiaLower middle incomeLess indebted

    71GermanyDEU..High income: OECDDebt not classifiedEMU

    72GhanaGHASub-Saharan AfricaLow incomeLess indebtedHIPC

    73GreeceGRC..High income: OECDDebt not classifiedEMU

    74GreenlandGRL..High income: nonOECDDebt not classified

    75GrenadaGRDLatin America & CaribbeanUpper middle incomeSeverely indebted

    76GuamGUM..High income: nonOECDDebt not classified

    77GuatemalaGTMLatin America & CaribbeanLower middle incomeLess indebted

    78GuineaGINSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    79Guinea-BissauGNBSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    80GuyanaGUYLatin America & CaribbeanLower middle incomeSeverely indebtedHIPC

    81HaitiHTILatin America & CaribbeanLow incomeLess indebted

    82HondurasHNDLatin America & CaribbeanLower middle incomeModerately indebtedHIPC

    83Hong Kong, ChinaHKG..High income: nonOECDDebt not classified

    84HungaryHUNEurope & Central AsiaUpper middle incomeModerately indebted

    85IcelandISL..High income: OECDDebt not classified

    86IndiaINDSouth AsiaLow incomeLess indebted

    87IndonesiaIDNEast Asia & PacificLower middle incomeSeverely indebted

    88Iran, Islamic Rep.IRNMiddle East & North AfricaLower middle incomeLess indebted

    89IraqIRQMiddle East & North AfricaLower middle incomeDebt not classified

    90IrelandIRL..High income: OECDDebt not classifiedEMU

    91Isle of ManIMY..High income: nonOECDDebt not classified

    92IsraelISR..High income: nonOECDDebt not classified

    93ItalyITA..High income: OECDDebt not classifiedEMU

    94JamaicaJAMLatin America & CaribbeanLower middle incomeModerately indebted

    95JapanJPN..High income: OECDDebt not classified

    96JordanJORMiddle East & North AfricaLower middle incomeSeverely indebted

    97KazakhstanKAZEurope & Central AsiaLower middle incomeSeverely indebted

    98KenyaKENSub-Saharan AfricaLow incomeModerately indebted

    99KiribatiKIREast Asia & PacificLower middle incomeDebt not classified

    100Korea, Dem. Rep.PRKEast Asia & PacificLow incomeDebt not classified

    101Korea, Rep.KOR..High income: OECDDebt not classified

    102KuwaitKWT..High income: nonOECDDebt not classified

    103Kyrgyz RepublicKGZEurope & Central AsiaLow incomeSeverely indebted

    104Lao PDRLAOEast Asia & PacificLow incomeSeverely indebtedHIPC

    105LatviaLVAEurope & Central AsiaUpper middle incomeSeverely indebted

    106LebanonLBNMiddle East & North AfricaUpper middle incomeSeverely indebted

    107LesothoLSOSub-Saharan AfricaLow incomeLess indebted

    108LiberiaLBRSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    109LibyaLBYMiddle East & North AfricaUpper middle incomeDebt not classified

    110LiechtensteinLIE..High income: nonOECDDebt not classified

    111LithuaniaLTUEurope & Central AsiaUpper middle incomeModerately indebted

    112LuxembourgLUX..High income: OECDDebt not classifiedEMU

    113Macao, ChinaMAC..High income: nonOECDDebt not classified

    114Macedonia, FYRMKDEurope & Central AsiaLower middle incomeLess indebted

    115MadagascarMDGSub-Saharan AfricaLow incomeModerately indebtedHIPC

    116MalawiMWISub-Saharan AfricaLow incomeSeverely indebtedHIPC

    117MalaysiaMYSEast Asia & PacificUpper middle incomeModerately indebted

    118MaldivesMDVSouth AsiaLower middle incomeLess indebted

    119MaliMLISub-Saharan AfricaLow incomeLess indebtedHIPC

    120MaltaMLT..High income: nonOECDDebt not classified

    121Marshall IslandsMHLEast Asia & PacificLower middle incomeDebt not classified

    122MauritaniaMRTSub-Saharan AfricaLow incomeModerately indebtedHIPC

    123MauritiusMUSSub-Saharan AfricaUpper middle incomeModerately indebted

    124MayotteMYTSub-Saharan AfricaUpper middle incomeDebt not classified

    125MexicoMEXLatin America & CaribbeanUpper middle incomeLess indebted

    126Micronesia, Fed. Sts.FSMEast Asia & PacificLower middle incomeDebt not classified

    127MoldovaMDAEurope & Central AsiaLow incomeModerately indebted

    128MonacoMCO..High income: nonOECDDebt not classified

    129MongoliaMNGEast Asia & PacificLow incomeModerately indebted

    130MoroccoMARMiddle East & North AfricaLower middle incomeLess indebted

    131MozambiqueMOZSub-Saharan AfricaLow incomeLess indebtedHIPC

    132MyanmarMMREast Asia & PacificLow incomeSeverely indebtedHIPC

    133NamibiaNAMSub-Saharan AfricaLower middle incomeDebt not classified

    134NepalNPLSouth AsiaLow incomeLess indebted

    135NetherlandsNLD..High income: OECDDebt not classifiedEMU

    136Netherlands AntillesANT..High income: nonOECDDebt not classified

    137New CaledoniaNCL..High income: nonOECDDebt not classified

    138New ZealandNZL..High income: OECDDebt not classified

    139NicaraguaNICLatin America & CaribbeanLow incomeLess indebtedHIPC

    140NigerNERSub-Saharan AfricaLow incomeModerately indebtedHIPC

    141NigeriaNGASub-Saharan AfricaLow incomeModerately indebted

    142Northern Mariana IslandsMNPEast Asia & PacificUpper middle incomeDebt not classified

    143NorwayNOR..High income: OECDDebt not classified

    144OmanOMNMiddle East & North AfricaUpper middle incomeLess indebted

    145PakistanPAKSouth AsiaLow incomeModerately indebted

    146PalauPLWEast Asia & PacificUpper middle incomeDebt not classified

    147PanamaPANLatin America & CaribbeanUpper middle incomeSeverely indebted

    148Papua New GuineaPNGEast Asia & PacificLow incomeModerately indebted

    149ParaguayPRYLatin America & CaribbeanLower middle incomeModerately indebted

    150PeruPERLatin America & CaribbeanLower middle incomeSeverely indebted

    151PhilippinesPHLEast Asia & PacificLower middle incomeModerately indebted

    152PolandPOLEurope & Central AsiaUpper middle incomeModerately indebted

    153PortugalPRT..High income: OECDDebt not classifiedEMU

    154Puerto RicoPRI..High income: nonOECDDebt not classified

    155QatarQAT..High income: nonOECDDebt not classified

    156RomaniaROMEurope & Central AsiaLower middle incomeLess indebted

    157Russian FederationRUSEurope & Central AsiaUpper middle incomeModerately indebted

    158RwandaRWASub-Saharan AfricaLow incomeSeverely indebtedHIPC

    159SamoaWSMEast Asia & PacificLower middle incomeSeverely indebted

    160San MarinoSMR..High income: nonOECDDebt not classified

    161So Tom and PrincipeSTPSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    162Saudi ArabiaSAU..High income: nonOECDDebt not classified

    163SenegalSENSub-Saharan AfricaLow incomeLess indebtedHIPC

    164Serbia and MontenegroYUGEurope & Central AsiaLower middle incomeSeverely indebted

    165SeychellesSYCSub-Saharan AfricaUpper middle incomeSeverely indebted

    166Sierra LeoneSLESub-Saharan AfricaLow incomeSeverely indebtedHIPC

    167SingaporeSGP..High income: nonOECDDebt not classified

    168Slovak RepublicSVKEurope & Central AsiaUpper middle incomeModerately indebted

    169SloveniaSVN..High income: nonOECDDebt not classified

    170Solomon IslandsSLBEast Asia & PacificLow incomeModerately indebted

    171SomaliaSOMSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    172South AfricaZAFSub-Saharan AfricaUpper middle incomeLess indebted

    173SpainESP..High income: OECDDebt not classifiedEMU

    174Sri LankaLKASouth AsiaLower middle incomeModerately indebted

    175St. Kitts and NevisKNALatin America & CaribbeanUpper middle incomeSeverely indebted

    176St. LuciaLCALatin America & CaribbeanUpper middle incomeModerately indebted

    177St. Vincent and the GrenadinesVCTLatin America & CaribbeanUpper middle incomeModerately indebted

    178SudanSDNSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    179SurinameSURLatin America & CaribbeanLower middle incomeDebt not classified

    180SwazilandSWZSub-Saharan AfricaLower middle incomeLess indebted

    181SwedenSWE..High income: OECDDebt not classified

    182SwitzerlandCHE..High income: OECDDebt not classified

    183Syrian Arab RepublicSYRMiddle East & North AfricaLower middle incomeSeverely indebted

    184TajikistanTJKEurope & Central AsiaLow incomeSeverely indebted

    185TanzaniaTZASub-Saharan AfricaLow incomeLess indebtedHIPC

    186ThailandTHAEast Asia & PacificLower middle incomeLess indebted

    187Timor-LesteTMPEast Asia & PacificLow incomeDebt not classified

    188TogoTGOSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    189TongaTONEast Asia & PacificLower middle incomeLess indebted

    190Trinidad and TobagoTTOLatin America & CaribbeanUpper middle incomeLess indebted

    191TunisiaTUNMiddle East & North AfricaLower middle incomeModerately indebted

    192TurkeyTUREurope & Central AsiaUpper middle incomeSeverely indebted

    193TurkmenistanTKMEurope & Central AsiaLower middle incomeModerately indebted

    194UgandaUGASub-Saharan AfricaLow incomeModerately indebtedHIPC

    195UkraineUKREurope & Central AsiaLower middle incomeLess indebted

    196United Arab EmiratesARE..High income: nonOECDDebt not classified

    197United KingdomGBR..High income: OECDDebt not classified

    198United StatesUSA..High income: OECDDebt not classified

    199UruguayURYLatin America & CaribbeanUpper middle incomeSeverely indebted

    200UzbekistanUZBEurope & Central AsiaLow incomeModerately indebted

    201VanuatuVUTEast Asia & PacificLower middle incomeLess indebted

    202Venezuela, RBVENLatin America & CaribbeanUpper middle incomeModerately indebted

    203VietnamVNMEast Asia & PacificLow incomeLess indebted

    204Virgin Islands (U.S.)VIR..High income: nonOECDDebt not classified

    205West Bank and GazaWBGMiddle East & North AfricaLower middle incomeDebt not classified

    206Yemen, Rep.YEMMiddle East & North AfricaLow incomeLess indebted

    207ZambiaZMBSub-Saharan AfricaLow incomeSeverely indebtedHIPC

    208ZimbabweZWESub-Saharan AfricaLow incomeSeverely indebted

    1WorldWLD

    2Low incomeLIC

    3Middle incomeMIC

    4Lower middle incomeLMC

    5Upper middle incomeUMC

    6Low & middle incomeLMY

    7East Asia & PacificEAP

    8Europe & Central AsiaECA

    9Latin America & CaribbeanLAC

    10Middle East & North AfricaMNA

    11South AsiaSAS

    12Sub-Saharan AfricaSSA

    13High incomeHIC

    14European Monetary UnionEMU

    15High income: OECDOEC

    16High income: nonOECDNOC

    17Heavily indebted poor countries (HIPC)HPC

    18Least developed countries: UN classificationLDC

    This table classifies all World Bank member economies, and all other economies with populations of more than 30,000. For operational and analytical purposes, economies are

    divided among income groups according to 2004 gross national income (GNI) per capita, calculated using the World Bank Atlas method. The groups are: low income, $825 or less;

    lower middle income, $8263,255; upper middle income, $3,25610,065; and high income, $10,066 or more. Other analytical groups, based on geographic regions and levels of

    external debt, are also used.

    Geographic classifications and data reported for geographic regions are for low-income and middle-income economies only. Low-income and middle-income economies are

    sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development

    or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status.

    Standard World Bank definitions of severe and moderate indebtedness are used to classify economies by levels of external debt. Severely indebted means either: present value

    of debt service to GNI exceeds 80 percent or present value of debt service to exports exceeds 220 percent. Moderately indebted means either of the two key ratios exceeds 60

    percent of, but does not reach, the critical levels. For economies that do not report detailed debt statistics to the World Bank Debtor Reporting System (DRS), present-value

    calculation is not possible. Instead, the following methodology is used to classify the non-DRS economies. Severely indebted means three of four key ratios (averaged over

    2001-2003) are above critical levels: debt to GNI (50 percent); debt to exports (275 percent); debt service to exports (30 percent); and interest to exports (20 percent).

    Moderately indebted means three of the four key ratios exceed 60 percent of, but do not reach, the critical levels. All other classified low-income and middle-income economies

    are listed as less indebted.

    Note: Region and income classifications are in effect until 1 July 2006. Indebtedness classifications were revised in April 2005. Taiwan, China is also included in high income.

    &L&8World Development Indicators database, World Bank&R&8&P

    PWF Database 2004

    PWF 2004

    Geographical RegionWorld Bank RegionCountry ClassificationIndebtednessCountryNumber of ProjectsProject Cost US$ Million

    North AmericaDeveloped WorldHigh Income: OECDDeveloped CountriesCanada227,695

    North AmericaDeveloped WorldHigh Income: OECDDeveloped CountriesUnited States7442,701

    Latin AmericaDeveloped WorldHigh Income: Non OECDDeveloped CountriesPuerto Rico2464

    EuropeDeveloped WorldHigh Income: Non OECDDeveloped CountriesAndorra175

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesAustria1750

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesDenmark12,700

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesFinland2507

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesFrance810,190

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesGermany3417,071

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesGreece1111,792

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesIceland170

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesIreland143,001

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesItaly318,480

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesNetherlands71,968

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesNorway3571

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesPortugal159,798

    EuropeDeveloped WorldHigh Income: Non OECDDeveloped CountriesSlovenia

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesSpain4721,126

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesSweden11,500

    EuropeDeveloped WorldHigh Income: OECDDeveloped CountriesUnited Kingdom3730,516

    Africa and Middle EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesIsrael31,405

    Africa and Middle EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesKuwait

    Africa and Middle EastMiddle East and North AfricaLower Middle IncomeDeveloped CountriesPalestine

    Africa and Middle EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesQatar

    Africa and Middle EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesSaudi Arabia

    Africa and Middle EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesUnited Arab Emirates

    Asia and Far EastDeveloped WorldHigh Income: OECDDeveloped CountriesAustralia128,642

    Asia and Far EastDeveloped WorldHigh Income: OECDDeveloped CountriesJapan114,400

    Asia and Far EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesMacau

    Asia and Far EastDeveloped WorldHigh Income: OECDDeveloped CountriesNew Zealand

    Asia and Far EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesSingapore1280

    Asia and Far EastDeveloped WorldHigh Income: Non OECDDeveloped CountriesRepublic of Korea1816,164

    Pivot PWF

    World Bank RegionCountryNumber of ProjectsProject Cost US$ Million

    Developed World319221,866

    United States7442,701

    United Kingdom3730,516

    Spain4721,126

    Italy318,480

    Germany3417,071

    Republic of Korea1816,164

    Japan114,400

    Greece1111,792

    France810,190

    Portugal159,798

    Australia128,642

    Canada227,695

    Ireland143,001

    Denmark12,700

    Netherlands71,968

    Sweden11,500

    Israel31,405

    Austria1750

    Norway3571

    Finland2507

    Puerto Rico2464

    Singapore1280

    Andorra175

    Iceland170

    Kuwait

    Macau

    New Zealand

    Qatar

    Saudi Arabia

    Slovenia

    United Arab Emirates

    Latin America and the Caribbean20246,092

    Mexico7820,359

    Brazil4411,433

    Chile246,319

    Argentina203,663

    Colombia6790

    Panama2726

    El Salvador1600

    Peru11600

    Costa Rica3547

    Bolivia2407

    Dominican Republic1149

    Venezuela2142

    Uruguay2110

    Ecuador293

    Jamaica174

    Honduras150

    Paraguay130

    Guyana10.0

    East Asia and Pacific9434,838

    China5321,587

    Malaysia187,849

    Indonesia62,100

    Thailand32,050

    Philippines5860

    Vietnam9392

    Cambodia

    Europe and Central Asia2115,560

    Russia26,570

    Czech Republic22,150

    Croatia31,850

    Poland71,758

    Turkey11,400

    Hungary31,390

    Serbia & Montenegro1330

    Romania2112

    Georgia

    Kazakhstan

    Slovakia

    Turkmenistan

    South Asia71,536

    Pakistan11,080

    India6456

    Bangladesh

    Nepal

    Sri Lanka

    Sub-Saharan Africa72,471

    South Africa62,321

    Ivory Coast1150

    Cameroon

    Gabon

    Ghana

    Lesotho

    Mozambique

    Nigeria

    Tanzania

    Zimbawe

    Middle East and North Africa4920

    Egypt3820

    Iran1100

    Algeria

    Jordan

    Lebanon

    Morocco

    Oman

    Palestine

    Tunisia

    Yemen

    Grand Total654323,283

    Chart PWF

    7442701

    3730516

    4721126

    318480

    3417071

    1816164

    114400

    1111792

    810190

    159798

    128642

    227695

    143001

    12700

    71968

    11500

    31405

    1750

    3571

    2507

    2464

    1280

    175

    170

    KuwaitKuwait

    MacauMacau

    New ZealandNew Zealand

    QatarQatar

    Saudi ArabiaSaudi Arabia

    SloveniaSlovenia

    United Arab EmiratesUnited Arab Emirates

    7820359

    4411433

    246319

    203663

    6790

    2726

    1600

    11600

    3547

    2407

    1149

    2142

    2110

    293

    174

    150

    130

    10

    5321587

    187849

    62100

    32050

    5860

    9392

    CambodiaCambodia

    26570

    22150

    31850

    71758

    11400

    31390

    1330

    2112

    GeorgiaGeorgia

    KazakhstanKazakhstan

    SlovakiaSlovakia

    TurkmenistanTurkmenistan

    11080

    6456

    BangladeshBangladesh

    NepalNepal

    Sri LankaSri Lanka

    62321

    1150

    CameroonCameroon

    GabonGabon

    GhanaGhana

    LesothoLesotho

    MozambiqueMozambique

    NigeriaNigeria

    TanzaniaTanzania

    ZimbaweZimbawe

    3820

    1100

    AlgeriaAlgeria

    JordanJordan

    LebanonLebanon

    MoroccoMorocco

    OmanOman

    PalestinePalestine

    TunisiaTunisia

    YemenYemen

    Sum of Number of Projects

    Sum of Project Cost US$ Million

    Analysis PWF

    1

    World Bank RegionNumber of ProjectsProject Cost (US$ Billion)

    Developed World319221.9

    Latin America and the Caribbean20246.1

    East Asia and Pacific9434.8

    Europe and Central Asia2115.6

    South Asia71.5

    Sub-Saharan Africa72.5

    Middle East and North Africa40.9

    Grand Total654323.3

    2

    Country ClassificationNumber of ProjectsProject Cost (US$ Billion)

    High Income: OECD294203.5

    Upper Middle Income17357.2

    Lower Middle Income14542.2

    High Income: Non OECD2518.4

    Low Income172.1

    Grand Total654323.3

    3

    IndebtednessNumber of ProjectsProject Cost (US$ Billion)

    No Debt Classification (developed countries)319221.9

    Less Indebted16751.0

    Moderately Indebted7427.9

    Severely Indebted9422.5

    Grand Total654323.3

    4

    CountryNumber of ProjectsProject Cost (US$ billion)Project Cost US$ million

    United States7442.742,701

    United Kingdom3730.530,516

    China5321.621,587

    Spain4721.121,126

    Mexico7820.420,359

    Italy318.518,480

    Germany3417.117,071

    Republic of Korea1816.216,164

    Japan114.414,400

    Greece1111.811,792

    Brazil4411.411,433

    France810.210,190

    Portugal159.89,798

    Australia128.68,642

    Malaysia187.87,849

    Canada227.77,695

    Russia26.66,570

    Chile246.36,319

    Argentina203.73,663

    Ireland143.03,001

    Denmark12.72,700

    South Africa62.32,321

    Czech Republic22.22,150

    Indonesia62.12,100

    Thailand32.12,050

    1000

    5

    RegionCountryNumber of ProjectsProject CostUS$ million

    Developed World319221,866

    United States7442,701

    United Kingdom3730,516

    Spain4721,126

    Italy318,480

    Germany3417,071

    Republic of Korea1816,164

    Japan114,400

    Greece1111,792

    France810,190

    Portugal159,798

    Australia128,642

    Canada227,695

    Ireland143,001

    Denmark12,700

    Netherlands71,968

    Sweden11,500

    Israel31,405

    Austria1750

    Norway3571

    Finland2507

    Puerto Rico2464

    Singapore1280

    Andorra175

    Iceland170

    RegionCountryNumber of ProjectsProject CostUS$ million

    Latin America and the Caribbean20246,092

    Mexico7820,359

    Brazil4411,433

    Chile246,319

    Argentina203,663

    Colombia6790

    Panama2726

    El Salvador1600

    Peru11600

    Costa Rica3547

    Bolivia2407

    Dominican Republic1149

    Venezuela2142

    Uruguay2110

    Ecuador293

    Jamaica174

    Honduras150

    Paraguay130

    Guyana10.0

    East Asia and Pacific9434,838

    China5321,587

    Malaysia187,849

    Indonesia62,100

    Thailand32,050

    Philippines5860

    Vietnam9392

    Cambodia

    Europe and Central Asia2115,560

    Russia26,570

    Czech Republic22,150

    Croatia31,850

    Poland71,758

    Turkey11,400

    Hungary31,390

    Serbia & Montenegro1330

    Romania2112

    South Asia71,536

    Pakistan11,080

    India6456

    Sub-Saharan Africa72,471

    South Africa62,321

    Ivory Coast1150

    Middle East and North Africa4920

    Egypt3820

    Iran1100

    Grand Total654323,283

    Analysis PWF

    319221.866

    20246.092

    9434.838

    2115.56

    71.536

    72.471

    40.92

    Number of Projects

    Project Cost (US$ Billion)

    Analysis PPI Database

    294203.478

    17357.154

    14542.185

    2518.388

    172.078

    Number of Projects

    Project Cost (US$ Billion)

    Project Details 1

    319221.866

    16751.043

    7427.919

    9422.455

    Number of Projects

    Project Cost (US$ Billion)

    PT PD 1 (1)

    1

    1.1 Cumulative Investment in Toll Road Projects with Private Participation by Region, Developing Countries, 1984-2003

    RegionTotal Investment (2003 US$ millions)

    East Asia and Pacific35,549.3

    Europe and Central Asia2,679.7

    Latin America and the Caribbean44,411.3

    South Asia1,017.4

    Sub-Saharan Africa3,462.2

    Grand Total87,119.9

    1.2 Cumulative Investment in Toll Road Projects with Private Participation by Region, Developing Countries, 1999-2003

    RegionYearTotal Investment (2003 US$ millions)

    East Asia and Pacific4,216.4

    1999748.2

    20001,710.0

    20011,214.3

    200217.6

    2003526.3

    Europe and Central Asia662.1

    199989.0

    2000573.2

    Latin America and the Caribbean6,841.9

    1999351.4

    20001,557.8

    20013,168.1

    20021,587.9

    2003176.7

    South Asia746.7

    1999174.8

    2002346.9

    2003225.0

    Sub-Saharan Africa2,462.7

    19991,043.9

    20011,401.9

    200317.0

    Grand Total14,930.0

    960

    12

    80480

    2

    2.1 Total Investment in Toll Road Projects with Private Sector Participation 1993-2003

    YearTotal Investment (2003 US$ millions)Total Investment (2003 US$ Billions)

    19840.00.0

    198560.90.1

    19860.00.0

    19870.00.0

    19884,964.25.0

    19895,628.65.6

    199010,724.610.7

    19913,146.43.1

    19923,399.33.4

    19933,896.13.9

    19947,142.97.1

    19953,176.03.2

    19969,117.49.1

    199711,909.411.9

    19989,024.39.0

    19992,407.22.4

    20003,841.03.8

    20015,784.35.8

    20021,952.52.0

    2003945.00.95.517%

    Grand Total87,119.987.1

    3

    3.1 Private particiaption in Toll Roads by Segments 1984-2003

    Total Investment (2003 US$ millions)Total Investment (US$ billions)

    Bridge2,141.92.1

    Bridge and highway7,520.77.5

    Highway76,367.876.4

    Highway and tunnel840.80.8

    Tunnel248.80.2

    Grand Total87,119.987.1

    3.2 Private particiaption in Toll Roads by Segments 1999-2003

    SegmentYearTotal Investment (2003 US$ millions)Total Investment (US$ billions)

    Bridge100.50.10

    199965.00.06

    200022.50.02

    200213.00.01

    Bridge and highway471.30.47

    1999240.70.24

    200056.60.06

    2003174.00.17

    Highway13,712.813.71

    19992,091.72.09

    20003,634.03.63

    20015,286.95.29

    20021,929.21.93

    2003771.00.77

    Highway and tunnel645.30.65

    19999.80.01

    2000127.90.13

    2001497.40.50

    200210.20.01

    0.0

    Grand Total14,930.014.93

    4Private Participation in Toll Roads by Type and Sub-Type of PPI

    4.1 Private Participation in Toll Roads by Type and Sub-type of PPI, 1984-2003Type of PPISubtype of PPIFinancial Closure Year

    Type of PPISub-Type of PPITotal Investment (2003 US$ million)Total Investment (2003 US$ billion)Concession

    Concession50,495.850.5Build, rehabilitate, operate, and transfer

    Build, rehabilitate, operate, and transfer40,034.540.01999

    Rehabilitate, operate, and transfer10,461.310.52000

    2001

    Divestiture3,852.33.92002

    Partial3,852.33.92003

    Greenfield project32,427.832.4Rehabilitate, operate, and transfer

    Build, lease, and own2,778.62.81999

    Build, own, and operate114.70.12000

    Build, own, and transfer29,534.629.52001

    2002

    Management and lease contract344.00.3

    Lease contract344.00.3Divestiture

    Management contract0.00.0Partial Divestiture

    1999

    Grand Total87,119.987.12000

    2001

    4.2 Private Participation in Toll Roads by Type and Sub-type of PPI, 1999-2003Greenfield project

    Build, lease, and own

    Type of PPISub-Type of PPIFinancial Closure YearTotal Investment (2003 US$ million)Total Investment (2003 US$ billion)1999

    Concession6,352.86.35

    Build, rehabilitate, operate, and transfer5,320.25.32Build, own, and transfer

    19991,324.81.321999

    20001,987.11.992000

    20011,422.51.422001

    2002493.90.492002

    200392.00.092003

    Rehabilitate, operate, and transfer1,032.61.03Management and lease contract

    19994.80.00Management contract

    2000142.20.142003

    2001359.10.36

    2002526.60.53Grand Total

    Divestiture1,309.91.31

    Partial1,309.91.31

    1999515.40.52

    2000574.30.57

    2001220.20.22

    Greenfield project7,267.37.27

    Build, lease, and own165.70.17

    1999165.70.17

    Build, own, and transfer7,101.57.10

    1999396.60.40

    20001,137.51.14

    20013,782.53.78

    2002932.00.93

    2003853.00.85

    Management and lease contract0.00.0

    Management contract0.00.0

    20030.00.0

    Grand Total14,930.014.93

    5Private Participation in Toll Roads by Country, 1984-2003

    CountryTotal Investment (2003 US$ billion)Percentage

    China17,267.319.82%

    Mexico13,887.815.94%

    Brazil13,874.915.93%

    Malaysia12,171.613.97%

    Chile6,521.17.49%

    Argentina5,935.26.81%

    Thailand3,288.03.77%

    South Africa1,850.92.12%

    Colombia1,606.81.84%

    Philippines1,498.71.72%

    Hungary1,258.91.45%

    Indonesia1,191.41.37%

    India1,017.41.17%

    Mozambique955.81.10%

    Ecuador781.70.90%

    Croatia758.70.87%

    Poland662.10.76%

    Panama606.10.70%

    Namibia467.30.54%

    Jamaica398.80.46%

    Venezuela313.70.36%

    Cte d'Ivoire165.70.19%

    Dominican Republic159.10.18%

    Peru129.90.15%

    Lao PDR114.70.13%

    Uruguay103.30.12%

    Paraguay65.50.08%

    Guatemala27.30.03%

    Zimbabwe22.40.03%

    Vietnam10.20.01%

    Cambodia7.40.01%

    Bangladesh0.00.00%

    TOTAL87,119.9

    China17,267.3China17,267.3

    Mexico13,887.8Mexico13,887.8

    Brazil13,874.9Brazil13,874.9

    Malaysia12,171.6Malaysia12,171.6

    Chile6,521.157,201.6

    Argentina5,935.2Rest29,918.36

    Rest17,462.01

    6Private Participation in Toll Roads by Project Status

    Project StatusTotal Investment (2003 US$ millions)Number of Projects

    Cancelled14,851.431

    Concluded1,933.326

    Construction2,063.911

    Distressed3,170.86

    Operational65,100.6293

    Grand Total87,119.9367

    7Private Participation in Toll Roads, Average Contract Period by PPI Type 1984-2003

    RegionConcessionDivestitureGreenfield projectManagement and lease contractTotal Average

    East Asia and Pacific27.227.029.725.028.0

    Europe and Central Asia31.531.5

    Latin America and the Caribbean19.822.77.720.1

    South Asia16.614.55.014.8

    Sub-Saharan Africa30.028.010.820.4

    Grand Total22.927.024.010.022.7

    8Private Participation in Toll Roads by Segment, 1984-2003

    8.1 Total Investment

    Financial Closure YearBridgeBridge and highwayHighwayHighway and tunnelTunnelGrand Total

    19884,964.24,964.2

    198938.05,590.75,628.6

    19902.710,722.010,724.6

    19913,146.43,146.4

    19923,399.33,399.3

    1993109.6141.43,536.3108.83,896.1

    1994849.86,153.0140.07,142.9

    1995100.0269.32,806.63,176.0

    1996605.2616.67,895.59,117.4

    1997217.9536.911,139.714.911,909.4

    1998121.0518.28,204.5180.69,024.3

    199965.0240.72,091.79.82,407.2

    200022.556.63,634.0127.93,841.0

    20015,286.9497.45,784.3

    200213.01,929.210.21,952.5

    2003174.0771.0945.0

    Grand Total2,141.97,520.776,367.8840.8248.887,119.9

    8.2 Number of Projects

    Financial Closure YearBridgeBridge and highwayHighwayHighway and tunnelTunnelGrand Total

    198811

    1989156

    199013233

    199155

    19921010

    19932116120

    1994436141

    1995121518

    1996752941

    19976351161

    19985340149

    1999739120

    20001112115

    200114115

    200227110

    200361117

    Grand Total362629762367

    9Private Participation in Toll Roads by Region

    Financial Closure YearEast Asia and PacificEurope and Central AsiaLatin America and the CaribbeanSouth AsiaSub-Saharan AfricaGrand Total

    19840.00.0

    198560.960.9

    19860.00.0

    19870.00.0

    19884,9644,964

    19892,3983,2315,629

    19901,2979,42530.010,725

    19912,6125343,146

    19928812,5193,399

    19931,9294711,4950.03,896

    19944,5747881,759227,143

    19951,4051,7713,176

    19965,8403,263149,117

    19973,7587,1116397711,909

    19981,6157596,4601919,024

    1999748893511751,0442,407

    20001,7105731,5583,841

    20011,2143,1681,4025,784

    2002181,5883471,952

    200352617722517945

    Grand Total35,5492,68044,4111,0173,46287,120

    CumulativeEast Asia and PacificEurope and Central AsiaLatin America and the CaribbeanSouth AsiaSub-Saharan AfricaGrand Total

    19840.00.0

    198560.960.9

    19860.00.0

    19870.00.0

    19884,9644,964

    19892,3983,2315,629

    19901,2979,42530.010,725

    19912,6125343,146

    19928812,5193,399

    19931,9294711,4950.03,896

    19944,5747881,759227,143

    19951,4051,7713,176

    19965,8403,263149,117

    19973,7587,1116397711,909

    19981,6157596,4601919,024

    1999748893511751,0442,407

    20001,7105731,5583,841

    20011,2143,1681,4025,784

    2002181,5883471,952

    200352617722517945

    East Asia and PacificEurope and Central AsiaLatin America and the CaribbeanSouth AsiaSub-Saharan AfricaGrand Total

    19840.00.00.00.00.00.0

    198560.90.00.00.00.060.9

    198660.90.00.00.00.060.9

    198760.90.00.00.00.060.9

    19885,025.10.00.00.00.05,025.1

    19897,422.70.03,231.00.00.010,653.7

    19908,720.20.012,655.52.70.021,378.4

    199111,332.10.013,190.02.70.024,524.7

    199212,212.70.015,708.72.70.027,924.1

    199314,142.0471.317,204.12.70.031,820.1

    199418,715.61,258.918,963.42.722.438,963.0

    199520,120.21,258.920,734.82.722.442,138.9

    199625,960.71,258.923,997.417.022.451,256.3

    199729,718.41,258.931,108.880.2999.463,165.7

    199831,332.92,017.637,569.3270.7999.472,190.0

    199932,081.12,106.637,920.7445.52,043.374,597.1

    200033,791.12,679.739,478.5445.52,043.378,438.2

    200135,005.52,679.742,646.6445.53,445.284,222.5

    200235,023.02,679.744,234.6792.43,445.286,174.9

    200335,549.32,679.744,411.31,017.43,462.287,119.9

    Country1985198619871988198919901991199219931994199519961997199819992000200120022003Total

    China243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.217,267.3

    Mexico3,231.06,483.7534.52,518.7518.2292.2207.9101.713,887.8

    Brazil407.61,017.91,473.23,698.35,367.81,254.8655.313,874.9

    Malaysia60.94,964.2141.42,510.1332.11,192.4668.1203.5971.0601.6526.312,171.6

    Chile108.833.5451.7206.31,896.2180.62,454.81,189.26,521.1

    Argentina2,940.8824.673.332.6576.81,290.1180.916.00.05,935.2

    Thailand2,397.6890.43,288.0

    South Africa0.00.00.00.0488.5878.1467.317.01,850.9

    Colombia43.8637.161.4195.1178.9351.4127.911.21,606.8

    Philippines503.6602.6392.51,498.7

    Hungary471.3787.61,258.9

    Indonesia163.414.6150.1447.8135.8279.81,191.4

    India2.714.363.2190.5174.8346.9225.01,017.4

    Mozambique488.5467.3955.8

    Ecuador15.5123.1643.1781.7

    Croatia758.7758.7

    Poland89.0573.2662.1

    Panama211.1395.1606.1

    Namibia467.3467.3

    Jamaica398.8398.8

    Venezuela293.120.6313.7

    Cte d'Ivoire165.7165.7

    Dominican Republic159.1159.1

    Peru8.246.775.0129.9

    Lao PDR114.7114.7

    Uruguay80.722.6103.3

    Paraguay65.565.5

    Guatemala27.327.3

    Zimbabwe22.422.4

    Vietnam10.210.2

    Cambodia7.47.4

    Bangladesh0.00.0

    Double Counting

    1985198619871988198919901991199219931994199519961997199819992000200120022003TOTAL

    China0.00.00.00.00.0243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.20.00.017,267.3

    Mexico0.00.00.00.03,231.06,483.7534.52,518.7518.2292.2207.90.00.00.00.00.00.00.0101.713,887.8

    Brazil0.00.00.00.00.00.00.00.00.0407.61,017.91,473.23,698.35,367.80.01,254.8655.30.00.013,874.9

    Top Six Countries 1984-200360.90.00.04,964.23,231.09,668.23,131.83,249.32,933.15,244.52,331.27,494.110,527.67,343.9748.22,980.93,932.01,189.2628.069,657.9

    Rest of the World0.00.00.00.02,397.61,056.514.6150.1962.91,898.4844.81,623.21,381.81,680.41,659.0860.11,852.3763.3317.017,462.0

    Without double counting

    1985198619871988198919901991199219931994199519961997199819992000200120022003TOTAL

    China0.00.00.00.00.0243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.20.00.017,267.3

    Mexico0.00.00.00.03,231.06,483.7534.52,518.7518.2292.2207.90.00.00.00.00.00.00.0101.713,887.8

    Brazil0.00.00.00.00.00.00.00.00.0407.61,017.91,473.23,698.35,367.80.01,254.8655.30.00.013,874.9

    Other Top Countries 1984-200360.90.00.04,964.20.02,940.80.00.01,074.82,616.9816.41,975.53,186.41,029.6203.5987.13,056.41,189.2526.324,627.9

    Rest of the World0.00.00.00.02,397.61,056.514.6150.1962.91,898.4844.81,623.21,381.81,680.41,659.0860.11,852.3763.3317.017,462.0

    Top Six Countries 1984-200360.90.00.04,964.23,231.09,668.23,131.83,249.32,933.15,244.52,331.27,494.110,527.67,343.9748.22,980.93,932.01,189.2628.069,657.9

    Without Double Counting Including Malasya

    1988198919901991199219931994199519961997199819992000200120022003TOTAL

    China0.00.0243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.20.00.017,267.3

    Mexico0.03,231.06,483.7534.52,518.7518.2292.2207.90.00.00.00.00.00.00.0101.713,887.8

    Brazil0.00.00.00.00.00.0407.61,017.91,473.23,698.35,367.80.01,254.8655.30.00.013,874.9

    Malasya4,964.20.00.00.00.0141.42,510.1332.11,192.40.0668.1203.5971.0601.60.0526.312,171.6

    Chile0.00.00.00.00.0108.833.5451.7206.31,896.2180.60.00.02,454.81,189.20.06,521.1

    Argentina0.00.00.00.00.02,940.80.00.0824.673.332.6576.81,290.1180.90.016.05,935.2

    Rest of the World0.02,397.61,056.514.6150.1962.91,898.4844.81,623.21,381.81,680.41,659.0860.11,852.3763.3317.017,462.0

    1988198919901991199219931994199519961997199819992000200120022003

    Rest of the World0.02,397.61,056.514.6150.1962.91,898.4844.81,623.21,381.81,680.41,659.0860.11,852.3763.3317.017,462.0

    China0.00.0243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.20.00.017,267.3

    Mexico0.03,231.06,483.7534.52,518.7518.2292.2207.90.00.00.00.00.00.00.0101.713,887.8

    Brazil0.00.00.00.00.00.0407.61,017.91,473.23,698.35,367.80.01,254.8655.30.00.013,874.9

    Malasya4,964.20.00.00.00.0141.42,510.1332.11,192.40.0668.1203.5971.0601.60.0526.312,171.6

    Chile0.00.00.00.00.0108.833.5451.7206.31,896.2180.60.00.02,454.81,189.20.06,521.1

    Argentina0.00.02,940.80.00.0824.673.332.6576.81,290.1180.90.016.00.00.00.0

    TOTAL4,964.25,628.610,724.63,146.43,399.33,896.17,142.93,176.09,117.411,909.49,024.32,407.23,841.05,784.31,952.5945.0

    1988198919901991199219931994199519961997199819992000200120022003

    Rest of the World0.02,397.61,056.514.6150.1962.91,898.4844.81,623.21,381.81,680.41,659.0860.11,852.3763.3317.0

    China0.00.0243.72,597.3730.51,340.11,927.8289.04,045.53,643.0946.5544.6739.0220.20.00.0

    Mexico0.03,231.06,483.7534.52,518.7518.2292.2207.90.00.00.00.00.00.00.0101.7

    Brazil0.00.00.00.00.00.0407.61,017.91,473.23,698.35,367.80.01,254.8655.30.00.0

    Malasya4,964.20.00.00.00.0141.42,510.1332.11,192.40.0668.1203.5971.0601.60.0526.3

    Chile0.00.00.00.00.0108.833.5451.7206.31,896.2180.60.00.02,454.81,189.20.0

    Argentina0.00.02,940.80.00.0824.673.332.6576.81,290.1180.90.016.00.00.00.0

    1988198919901991199219931994199519961997199819992000200120022003

    Total Investment in Highway Projects6,952.25,628.67,783.83,146.43,399.33,071.57,069.63,143.48,540.610,619.38,843.32,407.23,825.05,784.31,952.5945.0

    1997-2002 Leverage (Market based)45.141.141.119.947.429.7

    1997-2002 Leverage (Accounting based)46.946.439.530.631.317.2

    1991-2002 Leverage (Market based)26.23.619.315.325.423.238.141.141.146.836.513.8

    1991-2002 Leverage (Accounting based)21.616.937.250.941.636.636.545.531.423.918.910.9

    1988198919901991199219931994199519961997199819992000200120022003

    Total Investment in Highway Projects6,952.25,628.67,783.83,146.43,399.33,071.57,069.63,143.48,540.610,619.38,843.32,407.23,825.05,784.31,952.5945.0

    10Development Banks Support

    2003 US$ millions

    19901991199219931994199519961997199819992000200120022003

    Total Investment in PPP projects in Highways7,783.83,146.43,399.33,071.57,069.63,143.48,540.610,619.38,843.32,407.23,825.05,784.31,952.5945.0

    Development Banks Support to PPPs in Highways42.20471.8180.3277.0731.9248.5407.3418.8448.1530.2296.347.0489.0

    1990

    1992

    1993

    11Total Investment and Number of Projects

    1988198919901991199219931994199519961997199819992000200120022003

    Total Investment4,9645,62910,7253,1463,3993,8967,1433,1769,11711,9099,0242,4073,8415,7841,952945

    Number of Projects16335102041184161492015151017

    Average Size4,964.2938.1325.0629.3339.9194.8174.2176.4222.4195.2184.2120.4256.1385.6195.255.6

    12Km Capacity under PPP contracts

    1988198919901991199219931994199519961997199819992000200120022003Grand Total

    Latin America and the Caribbean296.011,226.0105.2675.2655.31,293.0647.31,564.44,001.46,423.5338.01,632.61,085.2361.08,245.038,549.1

    East Asia and Pacific848.034.4159.0149.5200.5432.2882.8275.51,108.52,089.5478.1303.0497.4338.0263.942.08,102.1

    Sub-Saharan Africa42.020.00.01,056.0426.61,155.09.52,918.1

    South Asia11.534.7109.5110.9104.8308.0938.01,617.3

    Europe and Central Asia57.0157.0241.061.0362.0878.0

    Grand Total84833011,4392558761,1642,3339232,7087,2567,2531,2332,4922,5789339,23552,065

    Project StatusRegionCapacity (Km)

    Cancelled3,591

    Latin America and the Caribbean2,681

    East Asia and Pacific853

    Europe and Central Asia57

    Concluded8,850

    Latin America and the Caribbean8,402

    East Asia and Pacific0.0

    Sub-Saharan Africa447

    South Asia2

    Construction1,019

    Latin America and the Caribbean561

    East Asia and Pacific42

    South Asia416

    Distressed1,735

    Latin America and the Caribbean1,730

    South Asia5

    Operational36,869

    Latin America and the Caribbean25,175

    East Asia and Pacific7,207

    Sub-Saharan Africa2,471

    South Asia1,195

    Europe and Central Asia821

    Grand Total52,065

    13By PSP in roads by Sub-Type

    PPPI Sub-Type2003 US$ million

    Build, rehabilitate, operate, and transfer40,034.5

    Build, own, and transfer29,534.6

    Rehabilitate, operate, and transfer10,461.3

    Partial Divestiture3,852.3

    Build, lease, and own2,778.6

    Lease contract344.0

    Build, own, and operate114.7

    Grand Total87,120

    14PSP in roads by Type

    Type of PPISub-Type of PPITotal Investment 2003 US$ million

    Concession50,495.8

    Build, rehabilitate, operate, and transfer40,034.5

    Rehabilitate, operate, and transfer10,461.3

    Divestiture3,852.3

    Partial Divestiture3,852.3

    Greenfield project32,427.8

    Build, own, and transfer29,534.6

    Build, lease, and own2,778.6

    Build, own, and operate114.7

    Management and lease contract344.0

    Lease contract344.0

    Grand Total87,120

    Type of PPITotal Investment 2003 US$ million

    Concession50,495.8

    Build, rehabilitate, operate, and transfer40,034.5

    Rehabilitate, operate, and transfer10,461.3

    Divestiture3,852.3

    Greenfield project32,427.8

    Build, own, and transfer29,534.6

    Build, lease, and own2,778.6

    Build, own, and operate114.7

    Management and lease contract344.0

    15PSP in roads by Project Status

    Project StatusNumber of Projects

    Cancelled32

    Concluded27

    Construction11

    Distressed6

    Operational301

    Grand Total377

    Cancelled Projects

    Project StatusCountryTotal Investment 2003 US$ million

    Mexico11,003

    China1,538

    Thailand890

    Indonesia653

    Hungary471

    Argentina181

    Lao PDR115

    Grand Total14,851

    16Investors in Transport Projects in developing countries 1998-2003

    Global Investment in Transport by Invetsment Type

    199819992000200120022003TOTAL

    Developed3,1201,4201,8224,5002,7291,11814,709

    Developing Local7,1232,0643,8952,7293571,40017,568

    Developing Foreign47215651252272641,249

    Financial1,604564451720.032,280

    Unknown460.01299928194

    Total12,3653,6966,1797,5353,4122,81336,000

    17By Income Level

    Low IncomeLower Middle IncomeUpper Middle IncomeGrand Total

    19884,9644,964

    19892,3983,2315,629

    199031,2979,42510,725

    19912,6125343,146

    19928812,5193,399

    19931,8322,0643,896

    1994223,1323,9887,143

    19952,1521,0243,176

    1996146,4392,6649,117

    19976667,5473,69611,909

    19981917,0231,8119,024

    19993418961,1712,407

    20002,2811,5603,841

    20014671,7933,5245,784

    20023653991,1891,952

    200322575645945

    Grand Total2,29440,75744,00987,059

    18Public Works Financing Database 1994-2004

    1994*1995199619971998199920002001200220032004

    Number of Planned and Funded Projects493381442417475448467537553573656

    Total Cost of Planned and Funded Projects351,935190,148218,206210,010224,385212,009219,889236,441230,665258,795324,723

    Number of Funded Projects147124148175188208230286296331359

    Total Cost of Funded Projects56,34569,27075,22786,89092,968106,309107,541130,006127,955153,644157,333

    * All transportation projects. In this year, the global survey did not discriminate between transportation sub-sectors (rail, airports, ports, roads)

    1995199619971998199920002001200220032004

    Number of Proposed Projects381442417475448467537553573656

    Number of Funded / Completed Projects124148175188208230286296331359

    Estimated Investment for Proposed Projects190,148218,206210,010224,385212,009219,889236,441230,665258,795324,723

    Estimated Investment for Funded / Completed Projects69,27075,22786,89092,968106,309107,541130,006127,955153,644157,333

    1995-19961996-19971998-19992000-20012002-20032003-2004

    Number of Proposed Projects16%-6%14%-6%4%15%

    Number of Funded / Completed Projects19%18%7%11%11%24%

    Estimated Investment for Proposed Projects15%-4%7%-6%4%8%

    Estimated Investment for Funded / Completed Projects9%16%7%14%1%21%

    1995199619971998199920002001200220032004

    Percentage of Projects Funded33%33%42%40%46%49%53%54%58%55%

    Percentage of Investment Funded / Committed36%34%41%41%50%49%55%55%59%48%

    19Concentration of Transport Developers

    TRANSPORT DEVELOPERS19941995199619971998199920002001200220032004

    Top 5 Developers

    Number of Proposals2038577468565470684750

    Number of Projects Underway2732403649546494116130128

    Total Top 5 Developers477097110117110118164184177178

    Top 10 Developers

    Number of Proposals49639692101819212512484102

    Number of Projects Underway41526361758699136160201212

    Total Top 10 Developers90115159153176167191261284285314

    TOP 5 CONCENTRATION

    Total25%47%46%45%42%39%36%42%41%35%29%

    Proposals16%45%44%48%43%39%33%37%31%24%19%

    Projects Underway42%49%48%39%42%39%39%46%50%43%37%

    TOP 10 CONCENTRATION

    Total48%77%75%62%64%59%58%66%63%57%52%

    Proposals40%74%74%59%64%56%56%66%57%42%40%

    Projects Underway63%80%75%66%64%62%60%67%69%67%61%

    TRANSPORT PROJECTS19941995199619971998199920002001200220032004

    All transport Projects (Planned+Funded)493690812857100410069791096115411371227

    Projects Completed / Funded147170205252320364403474490541577

    CONCENTRATION IN TERMS OF TRANSPORT PROJECTS DATABASE

    Top 5 Concentration

    Projects Underway18%19%20%14%15%15%16%20%24%24%22%

    All Projects10%10%12%13%12%11%12%15%16%16%15%

    Top 10 Concentration

    Projects Underway28%31%31%24%23%24%25%29%33%37%37%

    All Projects18%17%20%18%18%17%20%24%25%25%26%

    Number of Countries with at least three companies in Top 1011100002111

    Number of Countries with at least two companies in Top 1022233232211

    Number of Spanish Companies in Top 1011222224476

    Number of distinct countries in Top 1065767875545

    Country with the most companies in Top 10MexicoFranceFranceSpain / France / JapanSpain / France / JapanSpain / FranceSpain/ France / U.SSpainSpainSpainSpain

    Top 3 DevelopersDragadosDragadosDragadosDragadosDragadosDragadosCintra-FerrovialDragados GroupMacquaire GroupDragdos / ACSDragados ACS

    ICAKumagai GumiKumagai GumiKumagai GumiCintra S.ACintra - FerrovialDragadosCintra-FerrovialDragados Group / ACSCintra-FerrovialMacquaire Group

    Kumagai GumiNew World DevelopmentFerrovialBoyguesKumagai GumiEGIS ProjectsMacquaire GroupMacquaire GroupCintra-FerrovialMacquaire GroupLaing / Equion

    Number of surveyed Developers2515182123232322232433

    Total Developers

    Number of Proposals12385129155159145165190217200258

    Number of Projects Underway65658492118139164204233300348

    Total Developers188150213247277284329394450500606

    202001 Highways Developers Ranked by Equity Invested

    Amounts in millionsFerrovial / CintraDragados GroupSkanskaAccionaVinci

    Number of Motorways / Bridge Concessions18 (1617 Km)24 (3572 Km)3 (279 Km)7 (517 Km)18 (1304 Km)

    Total Investment in road concessions7,7368,7811,1401,447N/A

    Total equity held in road concessions1,21063622073N/A

    It is not a good representation of reality, given that projects underway mey have been awarded but not funded or completed, making the numbers uncomaptible.

    PT PD 1 (1)

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    Chart PD1

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    Cumulative Investment in Toll Road Projects by Region 1985-2003

    PC PD 1 (1)

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    Total Investment (2003 US$ Billions)

    Total Investment in toll road projects with private participation 1993-2003 (2003 US$ Billions)

    PT PD1 (2)

    0

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    Cumulative Invetsment in Toll Road Projects with Private Particiaption in the Region 1999-2003

    PC PD1 (2)

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    Project Details 2

    0

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    1999-2003

    PT PD 2

    0

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    Private Participation in Toll Roads by Country 1985-2003

    PC PD2

    0

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    Private Participation in Toll Roads by Country

    Project Details 3

    0

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    0

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    0

    0

    Bridge

    Bridge and highway

    Highway

    Highway and tunnel

    Tunnel

    Year

    2003 US$ million

    Total Investment in Projects with Private Sector Participation in Roadsby Segment (1988-2003)

    0

    0

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    Bridge

    Bridge and highway

    Highway

    Highway and tunnel

    Tunnel

    Years

    Number of Projects

    Number of Projects with Private Sector Participation in Highways

    0

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    0

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    0

    0

    0

    0

    East Asia and Pacific

    Europe and Central Asia

    Latin America and the Caribbean

    South Asia

    Sub-Saharan Africa

    Year

    2003 US$ million

    Private Participation in Toll Roads by Region

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

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    0

    East Asia and Pacific

    Europe and Central Asia

    Latin America and the Caribbean

    South Asia

    Sub-Saharan Africa

    US$ million

    Participation in Cumulative Total Investment

    0

    0

    0

    0

    0

    0

    0

    0

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    0

    China

    Mexico

    Brazil

    Top Six Countries 1984-2003

    Rest of the World

    Total Invetsment (2003 US$ million)

    0

    0

    0

    0

    0

    0

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    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Total Invetsment in PPP Projects in Roads

    Year

    2003 US$ billion

    Total Investment in PPP Projects in Roads1988-2003

    PT PD3

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    China

    Mexico

    Brazil

    Other Top Countries 1984-2003

    Rest of the World

    Years

    2003 US$ million

    PC PD3

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    China

    Mexico

    Brazil

    Malasya

    Chile

    Argentina

    Rest of the World

    Years

    2003 US$ million

    Aggregated Report 1

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    0000000

    Rest of the World

    China

    Mexico

    Brazil

    Malasya

    Chile

    Argentina

    Years

    2003 US$ million

    Aggregated Report 2

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    00000000

    &A

    Page &P

    China

    Brazil

    Mexico

    Rest of the World

    Chile

    Malasya

    1997-2002 Leverage (Market based)

    1997-2002 Leverage (Accounting based)

    Conversion factor

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    Total Investment in Highway Projects

    1997-2002 Leverage (Market based)

    1997-2002 Leverage (Accounting based)

    1991-2002 Leverage (Market based)

    1991-2002 Leverage (Accounting based)

    Years

    2003 US$ million

    Percentage

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Total Investment in Highway Projects

    Years

    2003 US$ million

    Total Investment in Road Projects with Private Participation 1988-2003

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    Total Investment in PPP projects in Highways

    Development Banks Support to PPPs in Highways

    Years

    2003 US$ million

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    Total Investment

    Number of Projects

    2003 US$ million

    Number

    Total Invetsment in Road Projects with Private Sector Participation 1988-2003

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Average Project Size

    Years

    200 US$ million

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    Latin America and the Caribbean

    East Asia and Pacific

    Sub-Saharan Africa

    South Asia

    Europe and Central Asia

    Year capacity placed under contract (new and existing capacity)

    Road Kilometres (KM.)

    Capacity Under Highways PPPs

    0

    0

    0

    0

    Total Investment in PPPs in Roads by Sub-Type

    0

    0

    0

    0

    0

    0

    0

    PPPs in Roads by Type

    0

    0

    0

    0

    0

    0

    0

    000

    000

    000

    000

    000

    000

    000

    Developed

    Developing Local

    Developing Foreign

    Year

    Percentage

    Share of Private Investment by Type of InvestorTransport Sector 1998-2003

    000

    000

    000

    000

    000

    000

    Developed

    Developing Local

    Developing Foreign

    Years

    2003 US$ million

    Private Investment by Type of Investor Transport Sector 1998-2003

    198819884964.2301710731

    19892397.62611275963231.0089020772

    2.6760563381297.46478873249424.5070422535

    19912611.8918918919534.4594594595

    1992880.60288335522518.7418086501

    19931831.71974522292064.3312101911

    22.36024844723132.0496894413988.4472049689

    19952151.6908212561024.2753623188

    14.30246189926439.39038686992663.6576787808

    666.39908256887547.47706422023695.5275229358

    190.51918735897022.91196388261810.835214447

    340.5524861878896.02209944751170.6077348066

    20002280.76923076921560.2564102564

    467.28971962621793.35410176533523.6760124611

    364.5194274029398.7730061351189.1615541922

    22575645

    Low Income

    Lower Middle Income

    Upper Middle Income

    Years

    2003 US$ million

    Total Investment in PPP Projects in Roads by Income Levels

    0000

    0000

    0000

    0000

    0000

    0000

    Number of Proposed Projects

    Number of Funded / Completed Projects

    Estimated Investment for Proposed Projects

    Estimated Investment for Funded / Completed Projects

    Years

    Number of Projects

    Current US$ million

    PPPs in Roads Worldwide Project Number and Investment 1995-2004 (Cumulative since 1985)

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    &A

    Page &P

    Number of Proposed Projects

    Number of Funded / Completed Projects

    Estimated Investment for Proposed Projects

    Estimated Investment for Funded / Completed Projects

    Periods

    Percentage change in numbers

    Percentage change in amounts

    Annual Changes in PPPs in Roads WorldwidePercentage Change form Year to Year

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    Percentage of Projects Funded

    Percentage of Investment Funded / Committed

    Years

    Percentage

    Success Rate of PPPs in Roads 1995-2004 (Cumulative Since 1985)

    000

    000

    000

    000

    000

    000

    000

    000

    000

    000

    000

    Total

    Proposals

    Projects Underway

    Year

    Percentage

    Concentration of Proposals and Projects Underway in Top 5 Transport Developers (Surveyed Developers)

    000

    000

    000

    000

    000

    000

    000

    000

    000

    000

    000

    Total

    Proposals

    Projects Underway

    Years

    Percentage

    Concentration of Proposals and Projects Underway in Top 10 Transport Developers (Surveyed Developers)

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    Projects Underway

    All Projects

    Years

    Percentage

    Concentration of Projects Underway and All Projects (Planned and Underway) in Top 5 Transport Developers (With respect to all projects reported in database)

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    00

    Projects Underway

    All Projects

    Years

    Percentage

    Concentration of Projects Underway and All Projects (Planned and Underway) in Top 10 Transport Developers (With respect to all projects reported in database)

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    All Projects

    Years

    Percentage

    Concentration of Projects in Top 5 Transport Developers 1994-2004 (Developers' proposals and projects under contract / projects planned and underway)

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    All Projects

    Years

    Percentage

    Concentration of Projects in Top 10 Transport Developers 1994-2004(Developers' Proposals and projects under contract / projects planned and underway)

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    2003 US$ million

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    000000

    China

    Mexico

    Brazil

    Malasya

    Chile

    Argentina

    2003 US$ million

    RegionRegion Full NameCountryCountry ClassificationFinancial Closure YearProject NameProject StatusPrimary SectorSecondary SectorSegmentCategoryType of PPISubtype of PPIInvestment YearsTotal (Current US$ million)CapacityTypeCapacityCapacity YearConversion Factor (Financial Closure Year)Total Investment(2003 US$ million)

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income19989 de Julio HighwayCancelledTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-1998160.3KM10.419980.886181

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1993Acceso Ezeiza CanuelaOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1993-1993158KM57.319930.785201

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1993Autopistas del SolOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1993-1993489.3KM11919930.785623

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Buenos Aires - Mar del Plata HighwayOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1990-1990493KM36019900.710694

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1997Cordoba Toll Road ProjectOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1997-1997775KM39519970.872889

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 1 & 2ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990132KM96219900.710186

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 10ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199097KM32219900.710137

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 11ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199065KM71419900.71092

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 12ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199056KM48119900.71079

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 13ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990154KM94619900.710217

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 14ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199042KM28019900.71059

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 16ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199054KM40419900.71076

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 18OperationalTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990243KM61819900.710342

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 20ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199044KM30919900.71062

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1995Intercity Roads - Corridor 29OperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1995-199527KM2719950.82833

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 3 & 4ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990300KM120519900.710423

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 5 & 17ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990188KM96119900.710265

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 6ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-199043KM47919900.71061

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1990Intercity Roads - Corridor 7, 8 & 9ConcludedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1990-1990177KM123419900.710249

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 1OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM128120031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 2OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM126520031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 3OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM150020031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 4OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM129520031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 5OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM154120031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2003Interurban Road Network - Corridor 6OperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractManagement contract2003-20030KM115020031.0000

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1994Rosario - Santa Fe Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1994-199459......0.80573

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1997Rosario - Victoria BridgeOperationalTransportToll RoadsBridge and highwayNew Road ConstructionGreenfield projectBuild, own, and transfer1997-1997350KM6019970.872401

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income2000Salta Toll RoadOperationalTransportToll RoadsHighwayNew Road ConstructionGreenfield projectBuild, own, and transfer2000-200015KM6020000.93616

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1996Santo Tome - Sao Borja Toll BridgeOperationalTransportToll RoadsBridge and highwayNew Road ConstructionGreenfield projectBuild, own, and transfer1996-199632KM15.6519960.85338

    LCRLatin America and the CaribbeanArgentinaUpper Middle Income1996Western Access TollwayOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1996-1996460KM55.519960.853539

    SARSouth AsiaBangladeshLow Income1998Jamuna BridgeDistressedTransportn.a.BridgeOperation and MaintenanceManagement and lease contractManagement contract1998-19980KM519980.8860

    LCRLatin America and the CaribbeanBrazilLower Middle Income2001Anchieta - Imigrantes Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer2001-2001509.6KM17620010.963529

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Anhanguera - Bandeirantes Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-19981,278.60KM31419980.8861443

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Araraquara Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-1998409.7KM44019980.886462

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Batatais Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-1998385.5KM31719980.886435

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Bebedouro - Barretos Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-199870.4KM15619980.88679

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Brita Rodovias Toll RoadOperationalTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1998-199816KM110.3719980.88618

    LCRLatin America and the CaribbeanBrazilLower Middle Income1997Caminhos do Parana Toll RoadOperationalTransportToll RoadsHighwayOperation and MaintenanceManagement and lease contractLease contract1997-1997300KM30519970.872344

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Campinas - Casa Branca Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-1998286.3KM29119980.886323

    LCRLatin America and the CaribbeanBrazilLower Middle Income2000Centro Norte Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer2000-2000329KM36420000.936351

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Convias Toll RoadOperationalTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1998-1998107.9KM173.7519980.886122

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Cotia - Sorocaba Toll RoadOperationalTransportToll RoadsHighwayNew Road Construction and RehabilitationConcessionBuild, rehabilitate, operate, and transfer1998-1998660.6KM16219980.886746

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998Coviplan Toll RoadOperationalTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1998-199857KM25019980.88664

    LCRLatin America and the CaribbeanBrazilLower Middle Income1997Econorte Toll RoadDistressedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1997-1997797KM245.119970.872914

    LCRLatin America and the CaribbeanBrazilLower Middle Income1998EcosulOperationalTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1998-1998101.5KM623.419980.886115

    LCRLatin America and the CaribbeanBrazilLower Middle Income1997Ecovia Toll RoadDistressedTransportToll RoadsHighwayRehabilitation and ExpansionConcessionRehabilitate, operate, and transfer1997-199764.3KM136.719970.87274

    LCRLatin America and the CaribbeanBrazilLower Middle Income2001Itaborai - Nova Friburgo - Cantagalo Toll RoadOperationalTransportToll RoadsHighwayNew Road Con