3. SECTOR BREAKDOWN

- As shown in Figure 3, in 2017 the transport sector remained the largest in value terms with over EUR 7.6 billion worth of transactions (EUR 3.8 billion in 2016). However, 2017 represented the lowest number of projects closed in the sector in the last 20 years (only 10 transactions closed).5

- Healthcare was the second most active sector in terms of value with nine projects closed and an aggregate value of EUR 3.8 billion (EUR 2.1 billion in 2016). This is mostly due to the five healthcare transactions closed in Turkey.

- In the education sector, the number of projects that reached financial close decreased from 27 to 10 and the aggregate value similarly decreased to EUR 958 million (EUR 1.6 billion in 2016).

- Four projects closed in the telecommunications sector for a record high aggregate value of EUR 1.7 billion. All four are for broadband networks - three in France and one in Poland.

- The environment sector contracted significantly in terms of value (from EUR 1.2 billion in 2016 to EUR 462 million in 2017), although the number of projects reaching financial close has remained the same (four projects).

Figure 3: Sector Breakdown by Value and Number of PPP Projects in 2017

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5 More detail on the evolution of PPP market in the transport, healthcare and education sectors over the last five years can be found in Annex 3