The use of private financing for infrastructure projects is widespread around the world. According to the PWF database, almost 2,100 projects of all kinds have been planned and/or financed since 1985, as indicated in Exhibit 1 below. This includes $887 billion in projects planned since 1985, of which about half or $451 billion were completed by October 2004.
Exhibit 1 - Worldwide Infrastructure Projects Planned or Completed since 1985 by Project Type*
| Project Type | Total Planned & Funded Since 1985 | Total Funded & Completed by 10/04 | % Funded & Completed by 10/04 | |||||||
| # | % | $Billion | % | # | % | $Blllion | % | % of # | % of $ | |
| Road | 656 | 31% | $324.7 | 37% | 359 | 32% | $157.3 | 35% | 55% | 48% |
| Rail | 247 | 12% | $280.6 | 32% | 107 | 10% | $143.7 | 32% | 43% | 51% |
| Airport | 182 | 9% | $88.0 | 10% | 67 | 6% | $49.5 | 11% | 37% | 56% |
| Seaport | 142 | 7% | $39.5 | 4% | 44 | 4% | $10.6 | 2% | 31% | 27% |
| Water | 616 | 29% | $95.4 | 11% | 391 | 35% | $62.8 | 14% | 63% | 66% |
| Building | 253 | 12% | $59.2 | 7% | 153 | 14% | $27.0 | 6% | 60% | 46% |
| Total | 2096 | 100% | $887.4 | 100% | 1121 | 100% | $450.9 | 100% | 53% | 51% |
* Based on total PWF database, including projects with partial information
As shown in Exhibits 2 and 3 on the next two pages, about a third of the public-use infrastructure planned since 1985 or completed by October 2004 have been for road projects, including highways, bridges, and tunnels. On a worldwide basis, road has been the largest category of infrastructure using private financing through a public-private partnership arrangement.
Exhibit 2 - Worldwide Infrastructure Projects Planned and Funded
since 1985 by Project Type
| (Projects)
|
| ($ Billions)
|
Exhibit 3 - Worldwide Infrastructure Projects Funded & Completed
by October 2004 by Project Type
| (Projects)
|
| ($ Billions)
|