To overcome huge shortfalls in access to infrastructure services, poor countries need much higher investment levels and more expertise to build, operate, and maintain infrastructure facilities. The private sector is one source for such resources, and projects involving private participation in...

In developing countries the global financial crisis is leading to serious difficulties for infrastructure projects with private participation. In some cases governments are responding by simplifying their project approval processes or by substituting public for private financing. Even if markets...

African officials have shown new interest in infrastructure projects involving private participation. But with so little experience with such projects, these officials often have limited knowledge about how best to assess their value for money. Some experts have suggested that developing...