WORLD BANK: International meeting to address risks in in private infrastructure investment.

0 Comments | M2 Presswire, September, 1999

M2 PRESSWIRE-8 September 1999-WORLD BANK: International meeting to address risks in private infrastructure investment (C)1994-99 M2 COMMUNICATIONS LTD RDATE:060999 * Press invited to attend ROME -- Governments around the world are looking to the private sector for the investment they need to build their infrastructure.

Private infrastructure investment in developing countries grew from less than $16 billion in 1990 to nearly $100 billion in 1998 -- accounting for between 20-40 of total infrastructure investment financing. But the need for more investment is enormous. One billion people in the developing world lack access to clean water while two billion people lack adequate sanitation and have no access to electricity. With this need in mind, senior...