Private investment in developing countries’ energy, transportation and water infrastructure tumbled 53% in the first half of 2015, to $25.3 billion, largely because of a sharp drop in the number of projects in Brazil, China and India, a new World Bank report says.
In the report, released on Dec. 15, the bank said commitments in Brazil plunged by 94%, to only $1.8 billion from $30.9 billion, in January-June 2014. China had just 11 infrastructure transactions during the period valued at $328.4 million. It was the country’s fewest projects since 1995.