Private sector participation in developing countries drops in 2020
New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries, while taking an historic plunge in the first half of 2020 due to COVID-19, saw a very modest uptick in the second half of the year. The 56% drop in PPI in H1 from the previous year moderated to 52% for the full year. Infrastructure investment commitments in 2020 stood at $45.7 billion across 252 projects in developing countries, according to a World Bank report.