2. COUNTRY BREAKDOWN
As Figure 2 shows, Turkey was the largest PPP market in Europe in terms of value, with a total of EUR 6 billion (EUR 1.5 billion in 2016), and the UK was the largest in terms of number of projects, with 12 deals closed (28 in 2016).
Figure 2: Country Breakdown by Value and Number of PPP Projects in 2017
| Aggregate Value of Projects by Country (in EUR billion) | Number of Projects by Country |
|
|
|
- Italy was the second largest PPP market in terms of value, with a total of EUR 3.1 billion. However, this was mostly accounted for by one large transaction (the Pedemontana Veneta toll road), which accounted for around 90% of the Italian PPP market.
- Eight countries closed at least two deals (compared to seven countries in 2016) and 12 countries closed at least one PPP transaction (10 in 2016).
- As shown in Annex 2, over the past five years, the United Kingdom and France have led the European PPP market in terms of number of closed deals, whilst Turkey has been the largest PPP market in value terms, with EUR 22.5 billion worth of projects.