|
|
India in top 5 emerging economies in private infra investment
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 11 Jun, 2015
Despite investment in India
declining to a nine-year low in 2014, India has figured in top five
emerging economies for highest investment commitments in the private
sector infrastructure sectors, the World Bank has said.
"Investment
in India reached a nine-year low in 2014, falling to $6.2 billion,"
said an update released on the World Bank's "Private Participation in
Infrastructure" database.
It said Chinese investment in 2014 at $2.5 billion had declined to its lowest level since 2010.
"Our
update reveals that the top five countries with the highest investment
commitments in 2014 are Brazil, Turkey, Peru, Colombia and India," Clive
Harris, practice manager, Public-Private Partnerships, World Bank
Group, said here on Tuesday.
"These five countries together
attracted $78 billion, representing 73 percent of the investment
commitments in the developing world in 2014," he added.
Total
infrastructure investments in 139 emerging economies, for projects with
private participation, rose to $107.5 billion in 2014, which was largely
by increasing activity in Brazil, the World Bank said.
Sub-Saharan
Africa saw an especially steep fall from $9.3 billion in 2013 to $2.6
billion in 2014 because of a drop in energy sector activity.
"However,
2014's figure was closer to levels seen before 2012, and the emergence
of activities in countries such as Ghana, Kenya and Senegal is
particularly encouraging," the bank said.
The increase in the
global investment commitments is mainly from greater activity in the
Latin America and Caribbean (LAC) region, which captured $69.1 billion,
most of which from investment commitments in Brazil, Colombia and Peru.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|