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Article: A new financing structure.(private sector finance in Hong Kong)
- Article from:
- The Banker
- Article date:
- September 1, 1997
CopyrightCOPYRIGHT 1997 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The importance of infrastructure in economic terms is in no doubt. But with private sector finance falling away, picking up the bill has returned as a thorny issue
The great private sector revolution in infrastructure provision across the developing world has stalled and will require a major political and administrative effort, plus mobilisation of huge amounts of domestic and international finance, in order to re-start it. This is the message that the World Bank's Development Committee will hear in Hong Kong when it considers two major new reports on the subject.
A special project team from within the World Bank will present an "action plan" in Hong ...