Draft Working Document Private Investment in Infrastructure : How Can It Facilitate Landlocked Developing Countries Access to World Markets The Public-Private Infrastructure Advisory Facility (PPIAF) is a multi-donor technical assistance facility aimed at helping developing countries improve the quality of their infrastructure through private sector involvement. For more information on the facility see the web site: www.ppiaf.org The World Bank The findings, interpretations, and conclusions expressed in this report are entirely those of the authors and should not be attributed in any manner to PPIAF or to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. Neither PPIAF nor the World Bank guarantees the accuracy of the data included in this publication or accepts responsibility for any consequence of their use. The boundaries, colors, denominations, and other information shown on any map in this report do not imply on the part of the PPIAF or the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries. Table of Contents PART ONE -- Survey of Strategies for Enabling Cross-Border Investment in Infrastructure for Landlocked Countries Introduction: The Nature of the Handicaps Facing Landlocked Countries The Ministerial Conference and the Investors’ Forum Objective of the Study High Transit Transport Costs and the Implications for Trade and Development Alternative Routes Private Participation in Infrastructure Investments Affecting LLDCs: Status and Potential Low Investments Thus Far in Privatization of Transit Transport Infrastructure The Benefits from Privatization and Their Distribution Overcoming Barriers to Private Investments in Transit-Related Infrastructure for LLDCs Cross-Border Investments Harmonizing Regulations and Contracts and Improving Investment Environment Financial Barriers Physical Barriers A Review of the Concessioning Process Survey of Investors and Operators A Private Participation Action Program for Landlocked Transit Cooperation Assessing the Potential for Privatization A Focus on Dry Ports Fast Transport Administrative Corridors Intermediate Steps for Road Privatization Expanding Air Transport PART TWO -- Survey of Private Investors and Operators Introduction A Comparison of Different Types of Infrastructure Investment Privatization Projects in Landlocked Countries as a Nucleus for Cross-Border Projects A View of the History of Infrastructure Investments in Developing Countries US Railroad Short Lines as a Source of Investors in Developing Countries Early Rail Concessions IFC and World Bank Support Private Investment Based on an Origin Materials Model Railroad Efficiency and Productivity: Realistic Expectations The True Object of Concessioning: Productivity Gains by Changing Railroad Management Problems in Railroad Tendering Alternative Offers vs. Transparency and the World Bank Negotiation vs. Competition in Concession Arrangements Other Recent African Railroad Concessioning Efforts Railroad Concessioning and Possible Further Areas for its Use Enforcing Compliance with the Terms of Concessions, and the Role of the World Bank Public/Private Partnerships and the IFC The Costs of Bidding How Can We Shorten the Time and Lower the Cost of Bidding? Open Access Passenger Service Overbuilding and Unnecessary Aid The Role of the World Bank Ports Roads Airports Risk The Views of an Investment Banker on Risk: Rates of Return The Views of an Investment Banker on Rates of Return: Corruption Management, Control and Expertise ANNEX 1 – Boxes Box 1 Private Participation in Infrastructure Database (PPI) Box 2 Maputo Corridor Development Initiative (MDCI) : The N4 Toll Road Box 3 The Abidjan-Ouagadougou Railway Concession: SITARAIL Box 4 The Chad-Cameroon Petroleum Development and Pipeline Project Box 5 The Bolivia-Brazil Natural Gas Pipeline Project Box 6 Examples of Private Participation Projects for Airports and Ports Serving Landlocked Developing Countries Box 7 Contrasts between English Common Law and Non-Anglophone Civil Law: An Example of a Basic Issue: Do International Instruments Prevail over Domestic Legislation? Box 8 Some Possible Elements of a Transit Transport Framework Agreement Between Landlocked Developing Countries and Their Transit Transport Neighbors in a Particular Sub-Region Box 9 The World Bank Group’s Foreign Investment Advisory Service (FIAS) Box 10 The World Bank Group’s Support for Private Participation Infrastructure Box 11 Public-Private Infrastructure Advisory Facility (PPIAF) Box 12 TRACECA, a European Union Funded Technical Assistance Program to Develop a Europe, Black Sea, Caspian Sea Transport Corridor to Central Asia Box 13 USTDA Funding for Project Evaluation and Feasibility Studies Box 14 MIGA’s Political Risk Guarantees Box 15 World Bank Guarantee Instruments Box 16 IFC Financial Products Box 17 Unsolicited Proposals Box 18 Potential Benefits of Dry Ports (Inland Clearance Depots – ICDs) Box 19 Maintaining Roads: Experience with Output-Based Contracts in Argentina ANNEX II – Tables Table 1A 31 Landlocked Developing Countries: Summary of Population, GDP, Exports, Imports, FDI (Stocks & Flows) and Official Finance Flows—Total and Per Capita Values, by Region Table 1B 31 Landlocked Developing Countries: Summary of Population, GDP, Exports and Imports – Selected Growth Rates, by Region Table 1C Rankings of 31 Landlocked Developing Countries by Population, by Per Capita GDP, FDI and ODF, and by Growth Rates of GDP Per Capita and Exports Table 1D 41 Transit Countries; Summary of Population, GDP, Exports, Imports, FDI (Stocks & Flows) and Official Finance Flows—Total and Per Capital Values, by Region Table 1E 41 Transit Countries; Summary of Selected Growth Rates for GDP and Exports, by Region Table 1F Rankings of 41 Transit Countries by Population, , by Per Capita GDP, FDI and ODF, and by Growth Rates of GDP Per Capita and Exports Table 1G Landlocked and Transit Countries Ranked by Exports Per Capita Table 2A Private Participation in Infrastructure Investments, Total Investments (Private plus Public)—31 Landlocked Developing Countries, in Million US Dollars, by Sector and Sub-Sector, 12 Year Totals, 1990-2001 Table 2B Private Participation in Infrastructure Investments, Private Portion of Total Investments—31 Landlocked Developing Countries, in Million US Dollars, by Sector and Sub-Sector 12 Year Totals, 1990-2001 Table 2C Private Participation in Infrastructure Investments, Total Investments (Private plus Public)—39 Transit-Neighbor Developing Countries, in Million US Dollars, by Sector and Sub-Sector, 12 Year Totals, 1990-2001 Table 2D Private Participation in Infrastructure Investments, Total Investments (Private plus Public)—31 Landlocked Developing Countries, in Million US Dollars, by Total All Sectors, Annual Totals, 1990-2001 Table 2E Private Participation in Infrastructure Investments, Total Investments (Private plus Public)—39 Transit-Neighbor Developing Countries, in Million US Dollars, Total all Sectors, Annual Totals, 1990-2001 Table 3A Development Assistance for All Physical Infrastructure and for The Transport Sector (and Its Major Components)—Gross Commitments in Millions US Dollars to 31 Individual Landlocked Countries, by Region 12 Year Total for 1990 to 2001—otal All Sources in DAC Purpose Reporting System (i.e., Bilateral and Multilateral Sources of ODA and OOF) Table 3B Development Assistance for All Physical Infrastructure and for The Transport Sector (and Its Major Components)—Gross Commitments in Millions US Dollars to 39 Individual Transit Countries, by Region 12 Year Total for 1990 to 2001—Total All Sources in DAC Purpose Reporting System (i.e., Bilateral and Multilateral Sources of ODA and OOF) Table 4 Development Assistance for All Physical Infrastructure and for The Transport Sector (and Its Major Components)—Gross Commitments in Millions US Dollars to 31 Individual Landlocked and 39 Transit Countries, by Region Annual Averages 1990-93, 1994-97, 1998-200—Total All Sources in DAC Purpose Reporting System (i.e., Bilateral and Multilateral Sources of ODA and OOF) Table 5 Commitments of Official Development Finance for The Transport Sector in 31 Landlocked Developing Countries, by Individual Project and Donor, 1998-2001, LLDCs Listed by Region Table 6 Airport Traffic in Landlocked Developing Countries—Airports Ranked by Air Freight Tonnage Loaded, and Compared with Recent Trends and with Aid and Private Airport Investments in 1990-2001 Table 7 Commitments of Official Development Finance for the Airport Sector in 31 Land locked Developing Countries, by Individual Project and Donor, 1990-2001 PART ONE Survey of Strategies for Enabling Cross-Border Investment in Infrastructure for Landlocked Countries Introduction: The Nature of the Handicaps Facing Landlocked Countries The Ministerial Conference and the Investors’ Forum 1. This report has been prepared on the part of the World Bank as a background document for the forthcoming United Nations International Ministerial Conference on Transit Transport Cooperation. The Conference will emphasize cooperation between landlocked developing countries, neighboring transit countries, and donor countries and international financial and development institutions in efforts to improve the quality and efficiency of the transit transport corridors serving landlocked developing countries and to lower their costs. The Conference is being convened in Almaty, Kazakhstan in August 2003. More particularly this study will serve as a core paper for a High Level Investment Forum which will be a parallel event at the Conference, will provide an opportunity for private sector participants to voice their concerns and expectations as to their own investment projects on behalf of transit transport improvements for landlocked developing countries, and will especially consider private participation in infrastructure investments. Objective of the Study 2. The objective of the study is to identify the major barriers to and define strategies for enabling and facilitating cross-border private investment in infrastructure for landlocked developing countries (LLDCs). 3. The paper below will therefore lay emphasis on the potential role of expanded private participation in now publicly owned transit transport infrastructure, and will consider some of the implications of the cross-border nature of transit transport corridors in terms of possible adaptations of public and private institutions, harmonization of regulations, possible new or changes in existing supranational or multinational entities, or creation of multi- national parastatal bodies as possible partners with private investors, and possible adjustments in the way that bilateral and multilateral donors provide loans or guaranties to take account of the multi-country nature of cross-border projects; of course, it may be that the cross-border nature of potential investments may continue to be handled on a piecemeal basis of separate parallel country projects, as has typically been the case in road and rail investments in developing countries in recent years. 4. Before taking up the theme of private investment in transit-related infrastructure for LLDCs, this report will consider some of the burdens imposed by the landlocked condition generally, the comparative situation of landlocked developing countries and their transit neighbors with respect to trade and development, and the role and importance of alternative transit transport corridors. High Transit Transport Costs and the Implications for Trade and Development 5. The burden of high transit-transport costs on LLDCs in all regions is a major impediment to their economic development and to the development of their foreign trade. The 2 additional transport costs facing landlocked developing countries in comparison with coastal countries are frequently very high as indicated in the study by Stone (2001), 1 which shows that for 12 of 30 LLDCs freight costs as a percent of imports (fob) were more than double the percentage for their coastal neighbors, while for a further 6 LLDCs freight costs were mo re than 50% higher. This differential is particularly high in Africa and especially in West Africa. Of the 15 LLDCs in Africa, 12 were more than 50% higher and 8 of these were more than double their coastal neighbors. Of the15 African coastal countries, 9 were more than double the rate for all developing countries and 5 of these were more than triple that rate. Thus the African coastal countries (8 of whom are classed as least developed countries) themselves already face high freight ratios, but LLDCs in Africa face extremely high ratios. 6. A paper by Radelet and Sachs (1998) 2 examines differentials in shipping costs between various developing countries and world markets, and its impact on manufactured exports and economic growth. They note that: “Countries with lower shipping costs have had faster manufactured export growth and overall economic growth during the past 30 years than countries with higher shipping costs. The evidence suggests that high-shipping-cost countries will find it more difficult to promote export-led development, even if they reduce tariff rates, remove quantitative restrictions, and follow prudent macro economic policies. At a minimum, firms in such countries would be forced to pay lower wages to compensate for higher transport costs in order to be able to compete on world markets for manufactures. The required offset in wages might be quite substantial in the usual case for developing countries in which imported inputs constitute a high proportion of the value of exports. In such sectors, high transport costs can easily wipe out export profitability even if wage levels were to fall to zero. As a result, geographically remote countries, such as Mongolia, Rwanda, Burundi, Bolivia, may not realistically be able to replicate the East Asian model of rapid growth based on the export of labor intensive manufactures.” 7. A study by Limao and Venables (2001) 3 found data comparing the transport costs of land and sea legs of a container shipment from the US to the capitals of various LLDCs—with land being seven times more costly per unit distance. They also wanted to know the extent to which transport costs choke off landlocked countries’ trade, and computed estimates of the elasticity of trade flows with respect to transport costs, concluding: “We find that this elasticity is large, with a 10-percentage point increase in transport costs typically reducing trade volumes by approximately 20 percent.” They conclude by noting that: “The representative landlocked economy has transport costs 50 percent higher and trade volumes 60 percent lower than the representative coastal economy.” But they further note that where improvements have been made in a landlocked country’s own infrastructure and in that of their transit neighbor they are able to overcome a substantial proportion of this disadvantage. 1 “Infrastructure Development in Landlocked and Transit Developing Countries: Foreign Aid, Private Investment and the Transport Cost Burden of Landlocked Developing Countries,” by Jack I. Stone, UNCTAD/LDC/112 (See Annex II, Table 4). 2 “Shipping Costs, Manufactured Exports, and Economic Growth,” by Steven Radelet and Jeffrey Sachs, January 1, 1998, Harvard Institute for International Development, Cambridge, Mass. Mimeo. 3 “Infrastructure, Geographical Disadvantage, Transport Costs, and Trade,” by Nuno Limao and Anthony J. Venables, 2001, The World Bank Economic Review, Vol. 15, No. 3, pp. 451-479. 3 8. To summarize the extent of the handicaps facing LLDCs, a comparative profile of the trade and growth experience of each of 31 landlocked developing countries and 41 transit countries, by region, is shown in Tables 1A and 1B for LLDCs and 1D and 1E for transit countries. Tables 1C and 1F show rank orderings of the LLDCs and of the transit countries according to seven indicators: population, per capita GDP, per capita goods exports, per capita FDI inflows, per capita Official Development Finance (ODF) flows, growth rate of GDP per capita, and growth rate of export of goods. The argument so far regarding the basic handicap of high transit transport costs—that LLDCs suffer from great sea distances from developed markets, compounded by additional transport needed to reach distant inland destinations, often with transit costs further elevated by low quality, ill serviced, and ill- managed infrastructure, and often further distorted by failure to develop intra-regional trade—is well encapsulated in Table 1G, below, which compares landlocked countries with coastal neighbor transit countries, the countries in each group ranked by the dollar value of goods exports per capita in 2001. Export of goods per capita gives an absolute measure of a countries success in developing its exports, and can be used for inter-country comparisons of countries of roughly similar size (for example, very large countries, such as those with over 100 million population, by their very nature are bound to have relatively smaller export sectors, so that for them successful levels of exports per capita will be lower than for most developing countries). Thus, comparing landlocked and coastal countries by region, we note: 1) In Latin America the 4 coastal countries compared to the 2 LLDCs range from two-thirds more to seven times more exports per capita (EPC); 2) In West and Central Africa the 12 coastal neighbors average an EPC six times higher than the 5 LLDCs; 3) In East Africa the 6 coastal countries and the 4 LLDCs have EPCs that are the lowest in the table shown, but even here the transit countries average twice the level of the landlocked; 4) In Southern Africa 2 of the 6 LLDCs have high EPCs, higher than all 4 transit countries, while the remaining 4 fall well below South Africa and Namibia but exceed Mozambique and Congo, Dem. Rep.; 5) In Central Asia and the Caucasus the 5 transit countries average an EPC about 40% higher than in the 8 LLDCs; 6) In East and South Asia the 6 coastal countries have an average EPC four times higher than the average for the 4 LLDCs; 7) Finally, in South East Europe, the EPC for 5 transit countries averages 25% more than that for the 2 LLDCs. Thus the level of exports in most LLDCS has been severely choked off, especially strongly where distances are greatest or where infrastructure and its use remains most seriously wanting. Alternative Routes 9. A major concern of most landlocked developing countries is to ensure the availability of alternative routes in case the principal transit transport routes are for any reason blocked by natural disasters, or by wars, or by political events, or by inattention to priorities or inability to provide satisfactory facilities for transit transport in ports or en route. In fact the existence of alternative routes also provides a form of competitive pressure on these major routes to invest in improvements, and could result in substantial reductions in the cost of transportation services. So, alternative routes are a form of insurance to landlocked countries against the possibility of interruption of their trade flows for any reason. The possibilities for private participation in the public development of alternative routes needs to be explored to see where the possible benefits of such participation are most likely to be successful in leading to major efficiency gains. Where investment in an alternative is mainly motivated by insurance 4 considerations, it is unlikely to attract a private investor unless it is subsidized. As a practical matter, most landlocked countries have available some alternatives, and in some cases many alternatives, so that purely insurance related subsidies may seldom be justified. 10. In general coastal ports in most parts of the developing world are thinly spread out, so that they do not directly compete with each other; they are likely to be dominated by traffic from the hinterland surrounding them and from other traffic from within the coastal country in which they are located. In most cases, this results in an area where the port effectively has considerable monopoly power. This is much less likely to be true in more developed areas were additional ports may be located nearby and thus may be competing with each other. The spacing of ports in the developing world is much less likely yet to have produced so much traffic that nearby additional ports are warranted, although there are examples in east and south Asia where local competition among ports is developing or has already developed. But, another major factor contributing to this monopoly power is the absence of an adequate inland road network which could establish the now missing links between existing adjacent ports (perhaps in adjoining countries) and effectively broaden competition among them. 11. The situation for interior landlocked countries is different. The existence of alternative routes means that for their traffic there is competition among ports that are distant from each other, even though perhaps most of the traffic may be going through a particular port; that port is in this way subject to some competitive pressure from distant alternative ports. This raises the question of whether some landlocked countries might effectively negotiate preferred treatment at such ports to reflect their at least theoretical freedom to pick the lowest cost alternative. In practice, differences in total transit transport costs, rather than just port costs, will typically limit the effective choice of route in normal times to one or two options. Indeed, the choice of an optimal port to use depends on the total cost from origin to destination, including both the inland transit-transport costs and the cost of overseas shipment; many studies compare only land transit costs between an inland LLDC and alternative coastal ports. Why, for example, should Zambia use the port of Durban when it is considerably cheaper to reach the port of Dar Es Salaam? The answer: ocean shipping rates to and from Durban are substantially cheaper than via Dar ($500/TEU cheaper) because larger container vessels are used. 12. The above introduction has given a general view of the landlocked handicaps. The remainder of this report will focus on the potential role of private investment as a major new policy tool for overcoming the obstacles to more efficient, higher quality and lower cost access to the sea and to world markets for LLDCs. Private Participation in Infrastructure Investments Affecting LLDCs: Status and Potential Low Investments Thus Far in Privatization of Transit Transport Infrastructure 13. The World Bank’s database on “private participation in infrastructure investment projects” (PPI) shows the total amounts invested in projects involving private participants in 5 the ownership or control of previously publicly owned infrastructure—including concessions, operating and management contracts, divestitures, or greenfield projects. [See Box 1, on the PPI database.] The 31 landlocked developing countries, during the 12 years 1990-2001, have received only a very small amount of such funding for transportation projects ($365 million, of which $167 million was for airports, $123 million for rail, and $76 million for roads); indeed, only 6 of the 31 countries received any such flows, Bolivia, Zimbabwe, Paraguay, Armenia, Malawi, and Burkina Faso (and Laos had a private management contract for its airport, but without an investment input). [See Table 2A.] In contrast, during the 1990-2001 period, the transport sector of the landlocked countries received commitments with a 12-year total of $10,386 million official aid from bilateral and multilateral donors, of which $7,319 million was for roads, $931 million was for air, $688 million was for rail, and $1,407 million was for policy and administrative management projects. [See Table 3A.] Thus private investment in transportation infrastructure in LLDCs was equal to only 3.5% of commitments by aid donors to LLDCs for this purpose. Clearly the inroads of private investment into transportation infrastruc ture in LLDCs have been very limited thus far, especially in contrast to the stock of all Foreign Direct Investment in all industries and services in landlocked countries at the end of 2001, which came to $42.6 billion. [See Table 1A, Column 8]. Furthermore, PPI database investments in all physical infrastructure investments—Electricity, Natural Gas, Telecom, and Water, in addition to Transport—came to $12.7 billion for all 31 LLDCs in the 12 year period, with the largest amounts going to Telecom and Electricity and the smallest to Transport (2.9%). [See Table 2A]. Telecom investments by private entities were made in each of the LLDCs, while Electricity investments of more than $200 million were made in 8 of them, water investments occurred in 4 of them, and natural gas investments in 3 of them. The question is what are the prospects and the possibilities for significantly expanding this so-far very weak flow of domestic and foreign private investment into transit-transport and related infrastructure, particularly through expanded public-private cooperation arrangements and especially involving improved cross-border cooperation arrangements with public and private investors and regulators in transit countries on corridors serving LLDCs. 14. Even though the flow of private investment to transportation in LLDCs has been tiny in relation to other types of infrastructure, in fact, the 31 LLDCs received a very small share of total international foreign direct investment : only $5.9 billion or 0.8 percent of world inflows in 2001. Foreign direct investment in Kazakhstan was the highest among the LLDCs at $2.8 billion, mostly due to the development of the oil industry. The 15 LLDCs in Africa received a total of only $886 million. 15. The proportion of the private/public total investments in PPI projects which comes from the private sector is indicated in Table 2B—for all LLDCs this came to 74% of investment in total infrastructure projects, and ranges by sector from a high of 100% private funds for water to a low of 68% for Telecom projects. 16. For the 39 transit-neighbor developing countries (which include many very large countries such as China, India, Russia, Brazil), the PPI database shows a 12-year total of $74.7 billion invested in the transport sectors of these transit countries by private/public participants (with only a part of this aimed at providing improved transit services to adjacent landlocked countries); of the total, roads came to $43.5 billion, rail $15.8 billion, ports $8.3 billion, and 6 airports $7.1 billion. [See Table 2C]. In fact, these private/public participations in the transport sector in transit countries (TCs) were somewhat larger than the Official Aid commitments by donors to the TCs during 1990-2001 ($62.4 billion), and this was true of commitments for roads ($30.6 billion), rail ($14.5), ports ($5.9 billion), and airports ($2.6 billion). [See Table 3B]. 17. Of the $74.7 billion in private/public participation investments in infrastructure in the transport sector of transit countries, $59.5 billion is accounted for by just 3 countries—China, Brazil, and Argentina, with another $8.6 billion going to Chile and Thailand over the 12 year period. African transit countries received only $2.9 billion (3.9%), of which $2.0 billion went to South Africa. [See Table 2C]. These flows were thus particularly weak to Africa and Southeast Europe. 18. As background and a comparison for considering the potential for private investment flows, 4 contains a more detailed look at aid commitments to LLDCs and transit countries for various periods between 1990 and 2001, for each major sub-region. Furthermore, Table 5 contains a project-by-project look at the actual aid commitments for the four years 1998 to 2001, which covers about 500 individual projects in the area of transport, by donor and by specific purpose, for each of the LLDCs, arranged by region. The Benefits from Privatization and Their Distribution 19. The theory and model analyzing the benefits arising from private participatio n in public infrastructure investments through concessions or divestitures has been a powerful force altering the nature of public infrastructure during the past decade. The World Bank has been instrumental in providing strong leadership in examining various forms of privatization and in particular in leading the way toward concessioning formerly publicly owned railroads, ports, and airports, and to perhaps a lesser extent roads, in many parts of the developing world. The essence of the theory is seen in the demonstrated inefficiencies and often virtual bankruptcies facing many of the world’s publicly owned railroads. Aid donors along with governments had been subsidizing such enterprises for a long time. The basic premise is that very large gains in efficiency and productivity can come about with privatization. These gains start with the fact that public enterprises in developing countries, such as railroads, have been heavily overstaffed in practice or as a result of deliberate policy choice in order to provide employment. Many privatizations have taken place in the nineties, with the aid of policies permitting new private concessionaires to begin their management with the benefit of very substantial staff cuts, and indeed the World Bank and others have played a role in providing adjustment assistance to cushion the impact of these job losses on the individuals concerned or the local economies. Staff cuts have been accompanied in a few cases by reduced rail networks, abandoning stops on routes with presumably grossly insufficient traffic, but raising questions of the negative impacts on the areas affected, and what adjustment measures may need to be taken to offset such impacts. There may perhaps also be reductions in passenger services. But in several cases branch lines have been effectively abandoned and passenger services reduced before concessioning. Skilled managers with the authority of ownership can apply a very wide range of innovations, investments and modernizations, such as computerized operations—all of these with huge potentials for raising productivity. Privatization may also better contain corruption 7 and may be able to provide higher security standards. Thus the model begins with the observed fact that privatization quickly brings about very large gains in productivity. The next stage of consideration and of negotiations in privatization is the allocation of these productivity benefits among four groups: 1) the employees (their number and their wages); 2) the government as owner of the infrastructure that is being concessioned (the equity payment for the concession and the stream of fees to be paid to the government, which will replace or reduce the former subsidy outpayments by the government); 3) the owners of the concession, (i.e., the return on their investment); 4) the users directly (the quality of service, its reliability, its timeliness, and the freight and insurance charges) and the general public indirectly through the impact on the whole economy (this may even include lowered charges for other modes of transport, such as road freight, because of competitive pressures from the innovations; indeed, a key issue in negotiations concerns the extent to which concessionaires retain monopoly rights on their routes and the type of regulation they will have imposed on them, or whether they may be obliged to provide some form of open access to allow competitors to use their routes, and thus increase competition, while perhaps making more difficult some of the productivity gains being sought). 20. The pros and cons of private participation in public infrastructure arrangements affecting landlocked developing countries need to be kept in mind. Among the positive considerations are the following: 1) the likelihood of greater management efficiency; 2) the possibilities for large gains in productivity from major reductions in unnecessary inputs; 3) the likelihood of more funds becoming available; 4) the possibilities for more competition; 5) the possibilities for better regulation, including better control of environmental damage; and 6) the possibilities for better control of security and better avoidance of corruption. The negative considerations include the following, and raise the question of how they can be cushioned against where privatization is proceeding: 1) the consequences of route abandonment need to be contemplated as part of the bidding negotiations; the abandonment of passenger service need not be a major issue in privatization bidding on railroads if the bidding is split into two separate projects one for freight, and one for passenger service; the burden of decision making on abandonment can then be done in terms of two separate concessions; however, most railways may be too small for two concessions, and some minimum level of service needs to be written into the concession agreement, with some periodic review and objective criteria as to whether the services should be continued; 2) negative impact on some of the poor from any abandonment or the removal of past subsidies in favor of the poor and their possible replacement with full cost recovery pricing; 3) there is the fear of a “take it and run” attitude by the private sector; 4) there is the fear that privatization might reinforce monopolies where competitive possibilities might not be included in the regulations (such as “open access” provisions); however, while there might be a monopoly of rail services, there might be no such monopoly of transport services in general—competition from subsidized roads is normally intense in all countries and financial survival for the railways rather than monopoly profits is likely to be the real concern; 5) a seemingly negative social and political factor is the effect on employment, since much of the initial push for greater efficiency derives from eliminating or reducing the enormous overstaffing—but the gains in economic efficiency are likely to be much larger than the costs of adequate compensation and of appropriate training and resettlement; it should also be stressed that adjustment assistance in connection with workers laid off as part of railroad concessioning arrangements has typically been very effective, with 8 average lump-sum payments per worker laid off coming to perhaps $5,000 which, in a poor landlocked or transit country is a large sum, often sufficient to start a small business; and 6) the fear of a full privatization has been tempered somewhat by the use of concessions because of the general desire to avoid the appearance of “giving away” the nation’s patrimony, which is thought to consist of the ownership of such basic assets as roads and railways. All of these considerations have to be kept in mind during possible concession negotiations and some of the negatives can be mitigated through actions such as adjustment assistance to minimize the effects of a decline in employment, and can also be offset from the point of view of labor unions and others with a substantial rise in pay for remaining employees that becomes possible with privatization. The possibilities for better regulation or better control over environmental damage are likely to end up as pros—depending on the provisions imposed by the concession agreement, and the anticipated effectiveness of privatized control of management and operations. 21. Privatization affecting transit corridors serving landlocked countries in Latin America is fairly extensive; in Africa beginnings have been made in privatization with some of the ports and railroads serving landlocked countries transit needs in process of privatization or already privatized, and with some other potential routes in various stages of study, although roads and airports remain largely public (with the exception of some toll roads in South Africa and Mozambique); there has been little movement toward privatization in the routes serving landlocked countries in central Asia or the other Asian landlocked countries, although road privatizations have been important in the transit country, China, and there has been port and airport privatization in China, India, Russia, and Turkey as well as ports in Pakistan and Thailand; the publicly owned railroads in Russia and the Central Asian Republics do make provision for private parties to provide their own container freight services, such as the Trans Siberian Express Service (owned jointly by Maersk and the Russian railways). 22. Analysis of the productivity gains in rail privatizations has focused so far on the experiences in Latin America and in the developed world. It will be important to analyze the more recent experiences in Africa to observe whether large gains in productivity are in fact being gained in Africa as elsewhere. Indications in a few instances where results are available look promising (for example, substantial productivity gains on the Cotes d’Ivoire and the Cameroon railways), and the way these gains have been distributed will also be important to gage. Evaluation of productivity gains must include quality improvements and some measure of them such as reduction in delays, and will need to total up the negatives as well. 23. John Nellis, in a recent working paper on “Privatization in Africa: What is to be done?” (2003) for the Center for Global Development, summarized his findings as follows: “Sub-Saharan African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to address these problems. But African states have generally been slow and reluctant privatizers; a good percentage of industrial/ manufacturing and most infrastructure still remains in state hands. Given prevailing public hostility towards privatization, and widespread institutional weaknesses, such caution is defensible , but nonetheless very costly. The long-run and difficult solution is the creation and reinforcement of the institutions that underpin and guide proper market operations. In the 9 interim, African governments and donors have little choice but to continue to experiment with the use of externally supplied substitutes for gaps in local regulatory and legal systems.” Overcoming Barriers to Private Investments in Transit-Related Infrastructure for LLDCs Cross-Border Investments 24. In seeking cooperatio n between landlocked developing countries and their transit neighbors in the development and improvement of existing transit transport corridors, landlocked countries are essentially looking for effective cross-border projects. Traditionally transport projects have been accomplished as separate activities by the government on each side of a particular border. The two sides may act in concert and develop coordination arrangements. But when it comes to seeking the major efficiencies and productivity increases expected from privatization, it would appear that major gains might come about if the resulting private entity were able to control the full length of a corridor, regardless of intervening borders. This is especially true for railroads but in the case of highways it is also useful to have an integrated approach over the whole length of a multi-country route, even though individual sections of toll roads, or maintenance contracts, or other service contracts, or contracts for the development of dry ports along the route, are in fact subcontracted separate private entities. 25. The ability to develop true multi-country cross-border privatization projects requires the cooperation of the countries involved in unusual ways. To pull together a single project involving assets separately owned by the governments of two (or more) countries on which to elicit single bids by a number of consortia of private parties, and which also might receive support from multilateral entities, in a process guided by the World Bank but with advisors to the governments concerned as to the terms they should seek in order to grant a cross-border concession, is indeed a complex effort. Such efforts raise a host of questions which should be addressed. Should cooperation of the count ries involved be in the form of a committee or commission or should a first step be taken to actually transfer state owned enterprises into a single multi-state owned parastatal so that it can be concessioned as a single entity. It might not be necessary to go through such a stage which in itself would be complex and time consuming, and it is probably important that the government negotiators represent the interests of their governments and thus be separate from the old managements which might well be reluctant to lose out to a private concessionaire. In any event, the fees from the concession would be paid to each of the governments concerned according to an appropriate formula. 26. There have in fact been a fair number of true cross-border projects affecting landlocked developing countries: a) Examples in Africa are: 1) the N4 Mozambique-South Africa toll road project [See Box 2] which indirectly affects traffic from Botswana and other landlocked countries in Southern Africa in reaching the port of Maputo; 2) the recently awarded bid for a Senegal/Mali Railroad concession; 3) the railroad system in Malawi which is now with the Mozambique railroad line to the port of Nacala (this is a cross-border project 10 in that the two separate country parts were bid on as separate projects and they were awarded to the same bidder); and 4) the Sitarail from Cotes d’Ivoire to Burkina Faso [See Box 3]. There are many other situations were privatization is under active consideration, but on the basis of a single country project even though the situation may be ripe for cross-border privatization projects which would have decided efficiency benefits; these include railroads in Tanzania, Uganda and Kenya. There are also a number of multi-country publicly owned railroads which so far are not being considered for privatization, such as the South African railroad network, or even the old Benguela railroad across Angola which has been defunct for years but which conceivably could be revived. On the other hand, the Tazara, between Zambia and Tanzania is now being considered for privatization and an application made for grant funds to examine the options. b) In South Asia, there is the new rail-based dry port in Nepal (an extension of Indian Railways). In Latin America, two cross-border projects link Chile and Bolivia, the Arica to La Paz concession, (currently inoperative because of floods) and the Antofagasto and Bolivia, which has been a private railway for many years. c) Further examples include private investor pipelines, usually in cooperation with governments, such as those serving oil production in the Central Asian Republics, the oil pipeline project serving Chad [See Box 4], and in South America a major gas pipeline project from Bolivia to Brazil [See Box 5]. Several cross-border power transmission and pipeline projects have been supported by World Bank partial risk guarantees, and a new one in Laos, the Nam Theun private sector power project scheduled for 2004 involves construction of a 1,070 MW hydropower facility to primarily export power to Thailand, at an estimated cost of $1,280 million, and to include a partial risk guarantee for $80 million. 27. Among the problems that need to be worked out in true cross-border projects, a legal regimen that covers the newly created private entity needs to be clearly understood by all the parties concerned in case of disputes. One approach might be greater involvement of the World Bank and the IFC (or other suitable regional financial institution) in helping organize bidding for such a project and in following the course of negotiations and in monitoring the process after a winning bid has been awarded to help insure that adequate arrangements are in place in a concession agreement to make sure of compliance by all parties and provide for arbitration of disputes, and to ensure proper procedures for an adequate future revue and if necessary adjustment of terms of any concession to take into account economic realities and political changes that may be relevant. If the normal arrangements for monitoring and arbitration break down the World Bank/IFC should be able to be called upon by either of the parties to assist in restoring compliance. Such monitoring and the multinational character of the project might offer the opportunity for private management to provide more effective, more productive, less corrupt, more secure administration of the new concession. 28. Cross-border projects will also raise questions that may require new types of actions by the World Bank, the IFC, or international financial institution. For one thing, the terms for lending to such a project should take into account where the main benefits are directed and the 11 fact that the major motivation for the project is to provide support for an effective transportation corridor on behalf of a landlocked country, and that these in many cases are among the poorest countries in the world (indeed partly due to the handicaps of their geographic location). The insurance arrangements available from multilateral agencies need to take into account the multi-country risks that the private investor will face, and should provide guarantees to offset the arbitrary exercise of power by any of the states involved, in violation of the concession agreement. 29. Among the benefits of the cross-border project is that it can attract donor attention to solving specific transit-transport problems and thus alter the priorities that the transit country might otherwise apply to some relatively minor improvement or change in what is often a very large transport system in the transit country itself (as for example China, India, or Russia). The privatization of such a project makes it easier for seamless trans-border operations to take place, since both sides of the operation will be under the same direct management. 30. In the absence of successful efforts to combine all the different country operations into a single unified project for bidding purposes, there will be a need to proceed piecemeal with the hope these pieces can be well coordinated by some sub-regional authority already existing or created specially for this purpose (such as an ad hoc bilateral committee of the two governments concerned). 31. “Unconnected Linkages.” There is a need also to recognize that cross-border arrangements will sometimes involve “leapfrogging” in order to create specific transit connections with a more remote country than the immediate neighbor. This may involve for example arrangements between a special private entity in a relatively remote ocean port dedicated to handling shipments to and from say a dry port in a landlocked country, and using a variety of routes and modes between the two—and having appropriate contractual or joint ownership arrangements with public authorities in both countries. Of course, by their very nature, airport and port projects, of direct benefit for LLDCs, are typically undertaken as separate projects in landlocked or transit countries, and some examples are given in Box 6 . Harmonizing Regulations and Contracts and Improving Investment Environment 32. From the point of view of public policy considerations, greater attraction of private investment depends on improvements in the legal, regulatory, and contractual instruments sphere, and also on issues of investment environment as they relate specifically to the provision of private infrastructure services, such as the harmonization of taxes, incentives and standards, both to minimize inconsistencies in treatment of different parts of a cross-border project for transit transport improvement, and to better conform to internationally recognized norms, without which investors may be seriously reluctant to proceed. These standards include audits, accounting procedures, labor and environmental standards, and customs and other transit requirements and procedures. Examples of some of the potential conflicts that arise in harmonizing the different legal cultures of ex-British and ex-French colonies in Africa are shown in Box 7. Efforts to improve the climate regarding security on transit transport routes and to reduce corruption in business practices and in relations with the government are of key importance. Obviously, where efforts at regional economic/political cooperation are most 12 advanced, and supranational regional bodies have achieved real authority, there is a climate where common and improved standards can be adopted and enforced and this should make multi-country cross-border projects far more feasible and private investors more confident. 33. Supranatio nal regulatory agencies and the network of cooperative multinational bodies, public and private, worldwide or regional, are very much involved in the examination, analysis and provision of services in support of international cooperative arrangements for transit transport infrastructure. To begin with there is the network of treaties and agreements on matters related to every aspect of transit transport and logistics. Next some specific regional or sub-regional organizations may aim at the adoption and implementation of “Framework Agreements” on the regulation of road and railway traffic and on border crossing and customs clearance arrangements among the member countries; a description of the detailed elements that might go into such an agreement, as well as a note on one such agreement, for the Northern Corridor in East and Central Africa, is shown in Box 8. There is indeed a network of multipurpose and specialized regional and sub-regional cooperation organizations (serving both LLDCs and transit countries); many of them are inter-alia concerned in various degrees with transit transport coordination, regulation and improvement efforts. Examples of such coordination include: in Sub-Saharan Africa, SADAC and its Spatial Corridors, COMESA, ECOWAS, CEMAC, and UEMOA; transit transport coordination in SEE in South Eastern Europe; the Andean Group and MERCOSUR IN South America; SAARC in South Asia; ECO, CIS, and BSEC (Black Sea Economic Cooperation) in the Caucasus and Central Asia; and ASEAN in East Asia. 34. Aside from these formal state sponsored groups, the private sector itself in virtually all landlocked and transit countries maintains a variety of informal coordinating bodies such as chambers of commerce, shipper’s council’s, other user groups, and similar private business groupings. These bodies have often been actively involved in cross-border coordination efforts, on their own or in coordination with IFI or donor representatives and with public officials. 35. Potential supporters of measures to promote private infrastructure investment for LLDCs at the international level include the United Nations and its subsidiary bodies, the Regional Economic Commissions, UNDP, UNCTAD, ILO, UNIDO, IATA, the WTO, and the International Financial Institutions (IFIs)—the IMF, the World Bank and its affiliates (IFC, MIGA, IDA and ICSID), and the regional development banks, EBRD, ADB, IADB, AfDB, and others. In addition, the U.S. Government, the European Union, and other bilateral donors have a variety of programs which can give support to private infrastructure investment. Some examples follow. a) The World Bank Group through its Foreign Investment Advisory Service (FIAS) provides advice to governments on attracting FDI, and the changes needed in investment climate to achieve this [See Box 9]; more specifically, the World Bank Group supports Private Participation in Infrastructure in 5 main ways: advice, finance, risk mitigation, sharing knowledge and information, and dispute settlement [See Box 10]. The PPIAF (Public Private Infrastructure Advisory Facility) is described in Box 11. 13 b) The Rapid Response Unit at the World Bank (www.rru.worldbank.org) specializes in providing quick answers on questions of investment climate and privatization, and provides access to several infrastructure privatization and concessioning “Toolkits” (also available on CD-Rom), including “Case by Case Privatization,” “Concessions for Infrastructure,” “Public Private Partnerships in Highways,” “Hiring and Managing Advisors,” “Port Reform,” and a new one, “Guide for Concessioning Railways.” See also World Bank discussion paper no. 427, “Trade and Transport Facilitation: A Toolkit for Audit, Analysis, and Remedial Action,” by John Raven, which seeks to improve the effectiveness of diagnosis and corrective activities in the field of trade and transport facilitation by providing, beyond guidelines on how to carry out the preliminary Audit, insights on how to go over Analysis and preparation of appropriate Remedial Action. c) TRACECA (Transport Corridor Europe Caucasus Asia) is a European Union funded technical assistance program to develop a transport corridor from Europe, across the Black Sea, through the Caspian Sea to Central Asia, with many private participation features [See Box 12]. d) The U.S. Government provides support for U.S. investors through the Overseas Private Investment Corporation (OPIC) in the form of political risk insurance, loans and guarantees, and equity fina nce; the Exim Bank guarantees export credits for U.S. exporters; and the U.S. Trade and Development Agency (USTDA) provides support for U.S. investors, inter alia, for infrastructure projects, technical assistance, or feasibility studies [See Box 13]. Financial Barriers 36. The financial barriers facing landlocked countries alone, or transit countries by themselves, may be compounded for cross-border projects as a whole, since the overall country sovereign credit risk may differ between them, and the investment climate in the pair of countries may be substantially different. The question of sovereign country ratings is such that for most landlocked countries and their transit neighbor countries, no such ratings are made by the rating agencies since they are presumed to be below investment grade. For example Standard and Poor’s rates about 93 countries worldwide; in Africa these include only Botswana, Senegal and South Africa; independent ratings of other countries when requested can sometimes be made where circumstances warrant. But when sovereign ratings have not been made or are not of investment grade, investors then rely on the project rating itself (the socalled local rating), and if it would be of investment grade but for the sovereign risk, there are a number of ways of breaking through the “sovereign ceiling” which would otherwise form a maximum—and thus might be able to proceed to finance a project. These techniques generally include the existence of parallel financing, such as longer term loans provided by international agencies or other donors, with shorter term loans by commercial banks, or loans with guarantees of various kinds, or various kinds of risk insurance. 14 37. Political risk insurance is provided by MIGA, the World Bank affiliate, by OPIC, by donor government export credit agencies, and by private sector insurance agencies. The usual events insured against are: a). limitations on the transfer abroad or the convertibility of local currency assets; b). expropriation of the assets of the project; and c). political violence leading to damage to the assets of the project. [See Box 14, on MIGA’s program]. 38. Partial risk or partial credit guarantees are a potentially powerful relatively new addition to the guarantees available from the World Bank (from its Project Finance and Guarantees Group). Some 8 private sector power projects have so far used the guarantee. The guarantee covers the failure of the government concerned to meet its performance obligations. The fee is 1% of the exposure that is guaranteed. So if a loan obligation by a thus guaranteed private infrastructure investor cannot be met because of a government failure to perform, then the loan will be repaid by the World Bank, which will have recourse to the government to repay the World Bank, which would if it failed to do so be in default and cut off from all further donor credit. This type of guarantee has to be initiated by the government concerned by letter to the private party and the Bank. It is interesting to note, however, that this type of guarantee has yet to be used in any transit transport project for LLDCs—perhaps because it may be difficult to obtain the consent of the government. A new development is the opening up of partial risk guarantees to local currency loans. The various types of guarantee offered by the Project Finance and Guarantees Group are briefly summarized in Box 15. 39. Some projects essentially earn revenues in hard currencies and purchase their inputs in such currencies and thus are spared the risks of devaluation, as in the case of some of the privately concessioned Bolivian railroads, which mainly carry raw materials sold for dollars on the world market. For projects subject to the threat of devaluation, OPIC now has in place a kind of devaluation cushioning guarantee, which allows a year or two to adjust to the new exchange rate. The World Bank is preparing a similar facility to mitigate the risk of devaluation. The loses from a surprise devaluation are offset by a temporary loan covering the time it might take for internal prices in a developing country which has devalued to “catch up” with the extent of the devaluation. The guarantee thus serves as a bridge loan during the period of greatest disparity between the exchange rate and the local currency price level. 40. The survey of investors carried out in preparing this report indicated widespread concern among them about the difficulties in completing the financial requirements once a bid for a concession has been awarded. Investors would like to see more of a sharing of the especially high risks if a winning bidder fails to complete the financial closing requirements. They also felt that it was important for donors to be able to supply the longer maturities needed for a good part of infrastructure investment requirements, and that commercial banks can supply the maturities up to 5 years. The various financial products offered by the IFC to help meet the financial requirements of private investors in higher-risk and longer maturity situations faced in developing countries are briefly described in Box 16. 41. A useful report and analysis on “Capital Markets Financing for Developing-Country Infrastructure Projects” by Robert Sheppard was presented as United Nations DESA Discussion Paper No. 28, January 2003, having been used as a background paper on risk sharing between public and private sector financial organizations at a UN expert group. 15 Physical Barriers 42. In considering ways to make cross-border private investment in infrastructure for landlocked developing countries more attractive, and to improve the linkages between landlocked countries and world markets, efforts to overcome physical barriers will also be required. Each transit transport corridor requires analysis of these barriers since at any particular border there may be major changes between two countries, such as changes of gauge on a railway line, or changes in the quality and capacity of highways, or differences in maintenance regimens, or in road service facilities, or in the quality of physical facilities for customs clearance, or there may be major geographic hurdles to overcome such as needed bridges or tunnels, or changes in axle loads permitted, or different physical requirements for rail or road equipment. Public or private planners may seek to unify, through a new crossborder private entity, control over what had been previously separated publicly-owned transport infrastructure facilities independent of each other in each country along a corridor. It would be a major challenge to link together as efficiently as possible such disparate physical and operational elements and work toward a harmonized future investment program to overcome all these barriers. One important goal would be to challenge private investors to work toward developing a far more efficient transit transport service which minimizes delay at ports, gets priority treatment in customs clearance procedures, utilizes a fully agreed sealing arrangement for containers which requires their inspection only at final destination, bypasses or removes almost all physical barriers now slowing traffic, with documentation simplified and agreed by all governments concerned, and a single through bill of lading covering a shipment all the way to a dry port in a landlocked country. One advantage of looking toward multi-state cooperation in seeking a private concessionaire to operate roads or railways that make up a particular corridor would be to facilitate such a through project as a realistic objective—“a fast transport administrative corridor”—and to consider parallel investments in new infrastructure, financed by donors or in other ways that may be needed. Overcoming some of the major physical, procedural, legal, regulatory, financial and even cultural barriers now impeding realization of such a dramatic improvement in the quality of infrastructure and service could contribute to an equally dramatic effect on export development, investment climate, growth, jobs, and poverty reduction. A Review of the Concessioning Process Survey of Investors and Operators 43. A survey of investors and operators of privatized infrastructure was undertaken as part of the preparations for this report, and a description of the survey along with a full discussion of the individual points of view on a wide range of subjects related to private participation in infrastructure investment is presented in Part Two to this report. Some of the major themes of their comments, although there was no unanimity, include: 16 a) The bidding process might be shortened perhaps by eliminating the prequalification stage and simplifying the technical qualification requirement to a simple pass/fail test. [On the other hand, it has been pointed out that the prequalification stage is important because it limits the actual bidders to no more than those who have prequalified; thus in preparing a bid a participant will know who his potential competition is and will not be blind-sided by the sudden appearance of a new competitor at the last minute.] There was criticism of the inability of potential investors to argue their objections to proposed bidding requirements before they are finalized. There were complaints of lack of precision on the terms of concessions on the one hand, while also criticizing lack of flexibility of rigidly fixed investment requirements in the face of changing economic conditions. [In response, it should be noted that in many cases the full investments are not actually made; once the concessionaire is in place, he has great power because the costs of removing him and bringing in a new operator are so high.] b) There was a strong sentiment that infrastructure investments for the long term needed to be better financed, with the participation of the IFIs. It was suggested that the IFC modify its rules so that it can play an active role in Africa in the somewhat longer maturities required for major infrastructure, as it already has done in Latin America. If an underlayer of heavy long term infrastructure investme nt remains in public hands or is shared with private concessionaires, and is actively supported by donors also, the total amount of investor interest in privatizing the operations and shorter term investment needs could bring forward much more active bidding and a larger flow of private investment in such more narrowly defined concessions. c) There was strong sentiment also that the risk exposure of private investors from the time of announcing the winning bid to the completion of the financial contracting requirements that follow is very high and that ways need to be found to share those risks with government, or insurers, or IFC or other IFIs. d) There was a clear desire by several investors to see the World Bank and other multilateral agencies take a stronger role in the follow-up of compliance with concession requirements. Where governments fail to comply, investors would like to see the weight of the World Bank brought to bear, and indeed to make correction of such failures part of overall conditio nality requirements governing further lending by the World Bank and others. They pointed out that stronger attention to follow-up issues of this sort is essential, and is now inadequate. They noted further that the WB and multilateral agencies need to be involved not only in enforcement, but also in arbitrating, and in helping adjust concession agreements as they may need to change over time in the face of new realities. [One observer felt that these proposals would have the World Bank act as a privatization policeperson; furthermore he indicated, the concession agreements should have arbitration arrangements already included.]. It should be noted that other investors were quite unhappy about particular interventions by the World Bank. 17 e) There was emphasis on the issue of the cost of bidding for a railway concession—most concessionaires estimate that they have to spend $200-300,000 on the due diligence required to prepare a bid, and by the time the concession is awarded the costs may be approaching $1 million. They want ways to reduce the cost, or to find some way it could be subsidized. 44. Some of the other key issues that need to be considered in viewing the entire bidding negotiation process and some of the broader implications for the role of donor institutions are the following: a) Extent to which the privatization process is viewed as not only an effort to increase productivity and efficiency but also to attract more private investment, in part as a replacement for dwindling aid inputs; some private investors see the main benefit as that of higher productivity and that the expectation of substantial additional funding from the private sector, especially for longer term inputs, is unrealistic given the market conditions and high risks in most of the developing countries, and particularly in many of the landlocked countries. b) There is the issue of when a negotiated sale of a concession might be in order as against the benefits of bidding, and this is related to the question of how to get more bidders into the process and keep it fully competitive, and how to keep the advantages of the transparency of the bidding process. Finally there are questions that can be raised in theory which have to do with whether there are alternatives to the type of auction now involved in the bidding process for concessions. [See suggestions on “Unsolicited Bids”, Box 17.] c) Another issue that is hotly debated has to do with when it may be reasonable to require of the private concessionaire “open access” to his facilities, as against the effectiveness of public regulation of what might otherwise be monopolistic pricing. However, it should be noted that some experts consider the issue of open access to rail infrastructure as a red herring in most developing countries; total traffic density is too low to yield any real economies. d) Among proposals to get more competition in bidding indeed are those that involve a greater participation of multilateral institutions in offsetting the risks in the bidding process, and in providing for the longer maturities that are required for basic infrastructure, as well as indeed the question of the extent of the continued involvement of the public sector in at least partially supporting long term infrastructure investments, and this may well be a key question in the future in privatization developments. e) There is a need for an analysis of the range of provisions in the various concession agreements that have come into force in the last decade so that the variety of arrangements can be understood, and that something like best practices can be identified. 18 f) There is a further question as to the role of the multinational institutions in the privatization process and whether the roles for the world bank and its subsidiaries need to be altered to better accommodate various hybrid arrangements in the privatization process that are favorable economically but which may not now fall within the rules of the multinational institutions—such as the IFC and its potential future role in facilitating some of the African privatizations. g) Another issue that comes up is the conceptual one of the appropriateness or the desirability of pressing for the inclusion of major transport users in the bidding consortia and the results of non- inclusion or partial inclusion of one as against another in terms of insuring a level playing field for the access of all users to the services of the concession on the same terms. h) Finally there is a need for increasing the effectiveness of donor support for participation in the risks and equity in the privatization process. There is a particular need for trying to overcome some of the present insurance shortcomings, such as the slowness of recovery, and the need to clarify some of the subtleties in the coverage that are now subject to such broad interpretations that there is great uncertainty as to actual coverages available; a more precise spelling out of real borderline situations would effectively increase the usefulness of IFI insurance supports. The Bank offers partial risk guarantees—which cover risks of governments changing the rules, foreign exchange convertibility, etc, but not commercial risk. However, the WB has so far not been able to sell a single partial risk guarantee in the transport sector. They have been used successfully in the power sector. A Private Participation Action Program for Landlocked Transit Cooperation Assessing the Potential for Privatization 45. As a significant new initiative, steps should be agreed upon to set in motion for each LLDC with respect to its major transit transport corridors and in cooperation with its transit neighbors, a survey of the present system of public transit-transport services to examine the parts that might soon or ultimately be privatized, taking into account progress already made in privatization of infrastructure along each corridor. The survey should proceed in three stages: i) An immediate stocktaking of the existing or planned public or public/private transit transport assets, including roads, railways, waterways, seaports and dry inland ports, terminals, warehouses, airports, and cross-border pipelines, telecommunications connections and power transmission facilities, and including also facilities that are partly or fully privately owned. ii) A rough assessment of the major parts of the inventory to indicate those that are likely to be the best immediate targets for concessioning or other private contracting arrangements, and including those that have recently been or are now in some stage of consideration or negotiation. 19 iii) A more detailed follow-up examination of the pros and cons of each such proposed cross-border or national privatization, what problems to watch out for, but most importantly to explain, where relevant, what present revenues and loses are associated with publicly operated transit-transport operations and how these might be replaced by an estimated flow of fees from a concession operator as well as any equity payment that might be made for the concession to the cross-border country governments involved.. The estimate should be in concrete terms of what might be expected and should clearly identify the further issues to be clarified. An examination of potential in every case should be paralleled by clear examples of the range of deals that have been forthcoming in the past decade in other countries, exactly what these have entailed in benefits and costs, and what kinds of returns governments and private investors have obtained from such projects. Most particularly where there are public assets that are now all heavily subsidized, or in such bad state that they are continually losing money, the possibility of reversing this through an appropriate privatization should be specifically analyzed and illustrated showing the amounts of revenue that might be returned to governments and the amounts that might be available in greater service and in reduced delay, or possibly in reduced costs to the public. The objective should be to provide each landlocked country and its associated transit neighbors on each corridor with an idea of the concrete benefits that might result from privatization. The division of responsibilities for carrying out the above three steps should be adapted to the actual stage of progress in each LLDC with respect to each major corridor. Maximum use should be made of regional and sub-regional institutions and these institutions and the World Bank should quickly agree with each LLDC or group of such countries concerned on assigning responsibility for step 1), and a date for reporting initial results. The various steps of the process will need special financial arrangements to insure their effective implementation. A special working committee should be set up by agreement at the High Leve l meeting to help mobilize funding for carrying out this process, to monitor progress, and to recommend changes in the process as it evolves. A Focus on Dry Ports 46. A major focus for action on behalf of landlocked developing countries is the development of dry ports in the major commercial areas of the landlocked countries, that is in their major cities or industrial areas. There are already a number of establishments in all countries that at least partly qualify as dry ports. A dry port is a facility to which a container can be brought under seal so that it can clear customs in the center of the country near or at the cargo destination. It can work extremely well with containers and it can be used also for bulk cargo. Such facilities should be established at import rail heads in landlocked developing countries or at major destinations of principal highways in the central cities of landlocked countries. Dry port investments can be made by governments themselves or in partnerships with private entities, and under some sort of government regulatory regimen. Some of them have been established entirely by private entities in which case the issue of exclusive use versus open access may arise, and the extent of priority to the owner’s traffic may come into play as a regulatory issue. The size of investments that are likely for such projects appear to be on the 20 order $1 to $4 million, and they include warehouses, cranes, arrangements for customs officials, and arrangements for distribution to final customers (and they might include provisions for customs clearance at the final customers factory or office). [See excerpts on the benefits of dry ports, from “Handbook on the Management and Operation of Dry Ports,” Box 18.] One of the questions that arises is who should best start the initiative for a new project. Clearly the World Bank, the IFC, and other multinational institutions might play a role. There’s no doubt that the establishment of such ports can provide an attractive private investment potentially leading to greater efficiency and more reliability and greatly reduced delays. Another advantage is the potential for greater efficiency in the legal documentation and the insurance coverage of traffic, by extending bills of lading so that they are through bills of lading to the final destination. The starting point for a review of a landlocked countries situation with respect to privatization should clearly include an inventory of dry ports in landlocked countries and on their main transit routes, the opportunities for further private investment in them, and what access rights now exist for the shippers in general or whether they are limited to particular shipping services. The initial situation in a landlocked country may involve several less than ideal arrangements which might warrant an investment in their consolidation. A related issue is the role of the big international freight forwarders/logistics companies; they are still excluded from some LLDCs and freight forwarding and customs clearance is restricted to nationals. The international companies may have much to offer, in improving services and even investment in container depots, etc. Fast Transport Administrative Corridors 47. The possibility of establishing so called “fast transport administrative corridors” on behalf of landlocked developing countries is one that could provide major benefits, reducing the need for many of the delays at borders, and greatly expediting delivery times while increasing security and reliability of import and export service. This could go a long way toward providing a major new impetus to export initiatives in landlocked developing countries. For such corridors to work well, the possibility for private entities to organize and manage such a service is likely to provide the most efficient results. A look into the obstacles to the establishment of such corridors should be made a top priority for planners and investors. Intermediate Steps for Road Privatization 48. The growing importance of road transportation as the leading method of freight transport for landlocked developing countries and indeed their transit neighbors raises the question what can be done to achieve greater involvement of the private sector in this important area. With the exception of a few toll road projects, landlocked countries have not privatized much of road operations. In Sub-Saharan Africa there are few roads with traffic densities great enough to warrant toll roads. There is some move toward privatization of maintenance through concessions on highways for this purpose, and this is an area that could well be expanded. 49. There may be a middle way on roads and privatization. Private operators could bring efficiency to the management of roads and there maintenance while leaving much of the financing responsibility for construction and maintenance in the hands of the public authorities with support from donors institutions. Private concessionaires can bring real efficiency to road 21 operations, with or without toll collections, and perhaps relying on license fees or gasoline taxes, and might effectively improve road conditions, provide for greater observance of weight limitations which are so destructive to highways if violated, and could increase the security on routes and help reduce informal corruption at road barriers. Even more challenging is the concessioning of roads with shadow tolls (paid by the government in relation to some measure of performance) along with the more general aspect of privatizing the management of the road network. A study in Kenya concluded that most of the main road network could be let on maintenance concessions, financed by shadow tolls; donors would need to play a role in partfunding the initial rehabilitation costs. [See also Box 19, “Maintaining Roads: Experience with Output-Based Contracts in Argentina.”]. Expanding Air Transport 50. The role of air transport needs far greater emphasis in LLDCs. Surprisingly, the largest port in the US measured by value of cargo is JFK airport—and this might be even more significant in terms of the potential for many landlocked countries. According to Louis S. Thompson, who just retired as a World Bank transport expert, a good airport, and good customs management, might do more to improve the link to world markets for most landlocked countries than any immediate program to invest in roads or rail. In the longer run, if there is significant mineral production, of course, then rail will be important. For mid- value imports, if not for exports as well, then roads will be important. Airports, especially the cargo parts of airports, can easily be privatized, and there is ample precedent for privately funded customs facilities and personnel as well. 51. Some perspective on the present airports and air cargo tonnages and values for LLDCs is given by the data in Table 6, “Airport Traffic in Landlocked Developing Countries.” Data on freight loaded onto international flights (in metric tons per year) has been made available by ICAO for 22 airports in 19 of the LLDCs. Freight loaded (which can be considered as equivalent to exports) exceeded 1,000 tons per year for 8 of the airports and exceeded 4,000 tons in 5 cases. If we (probably quite conservatively) estimate a value of $5,000 to $10,000 per ton of exports, this would mean at least $5 million to $10 million in export value per airport for 1,000 tons of export cargo and at least $20 to $40 million for 4,000 tons. It would imply $45$90 million for Uzbekistan, $60-$120 million for Ethiopia, and $110-$220 million for Uganda—the latter, a very significant part of the $457 million in total merchandise exports recorded for Uganda in 2001. For Ethiopia the share is smaller compared to total exports of $462 million, but still significant. For Uzbekistan the air freight exports are quite small compared to the much more robust total of $3,079 million for total exports. Thus only a very few LLDC airports have begun to show significant export amounts, while the great majority show only trivial amounts thus far. In only three of the 22 airports (i.e. Entebbe, Kathmandu, and Samarkand) does freight loaded exceed freight unloaded; thus in most cases there is sizeable backhaul capacity going unused, even assuming that inbound flights are fully loaded. 52. The actual international aid, by individual project, for airport improvements in LLDCs during the 12-year period, 1990-2001, is shown in Table 7—with projects in 27 of the LLDCs; seven of these countries received more than $50 million, with the largest amount (more than $180 million) going to Uzbekistan, and the others include Nepal, Ethiopia, Bolivia, Kyrgyz 22 Republic, Laos, and Uganda. Recall also that Table 2A shows PPI data on private flows to airports of $117 million for Bolivia and $50 million for Armenia. 53. Table 6, in addition to ranking LLDCs (where data is available) according to tonnage of export freight loaded in the latest available year (2001 in most cases), also shows comparative data for earlier years (1995 or 1996 in most cases) so that trends can be observed, and amounts of aid received for airports are also noted so that the impact of such investments on actual traffic volumes can perhaps also be observed. Five of the airports were up sharply—with Uganda, the volume leader, almost tripling, as did Kyrgyzstan and Laos; each of these three received investment or technical assistance aid for its airports in amounts exceeding $50 million in the mid-90s. Based on total freight figures (inbound plus outbound and domestic as well as international) Zimbabwe and Zambia appear to have more than doubled their freight volumes since 1995, although Zambia has shown large year-to-year fluctuations. Unfortunately, 14 LLDC airports showed declines since mid-decade, and 8 of these declined by 50% or more—FYR Macedonia (Skopje and Ohrid), Chad, Moldova, Burundi, Burkina Faso, Mali, and Central African Republic. Another 4 airports remained about even. Trend data were not available thus far for Armenia and Bolivia, each of which had large private participation investments, or for Kazakhstan. Indeed, there were no freight data for Botswana and Lesotho, and no traffic data at all from ICAO or ACI for Afghanistan, Azerbaijan, Bhutan, Tajikistan, or Turkmenistan. It should be recalled that a good part of foreign aid investments in airports goes for passenger service capacity and improvements rather than freight cargo handling or facilitating. Indeed, the data for total passenger throughput (embarked plus disembarked) was up since the mid-90s for 15 LLDC airports, about even in 4 others, and down in only 8 cases. 54. There is clearly a need for each LLDC to re-examine the status of its air freight facilities and connections with world markets as well as with regional and sub-regional markets, the status of customs clearing and handling arrangements, the existence of or possibilities for export processing zones near airports, improvements in road or rail linkages of airports to industrial areas, and the availability of efficient and inexpensive connections to population centers where processing zone and airport workers live; this should be done by governments, international financial institutions, and by potential private investors with a view toward improving the capacity and efficiency of cargo airports and reduc ing the costs of air freight as part of efforts to build and expand the export capabilities of LLDCs. At the same time there is need for a comparative study of freight cargo operations in relatively low volume situations throughout the world in order to observe best practices and ways of adapting them to the situation in each LLDC—so that innovations can be introduced in time to support reasonable and planned expectations as to the growth of exports of relatively high-valued goods (including value-added processing zone goods). 23 PART TWO Survey of Private Investors and Operators Introduction 1. As part of the preparation of this report for the UN Ministerial Conference on Transit Transport Cooperation for Landlocked Developing Countries (LLDCs) and for the Investor’s Forum to take place as a parallel event at the Conference, the World Bank undertook an informal representative survey of present and potential investors and operators of private sector participations in infrastructure projects, so as to learn their perceptions of LLDC challenges and opportunities. Seventeen different firms and thirty of their senior officials were interviewed, in April 2003, including 7 firms covering a wide range of types of transport infrastructure, 6 primarily rail investors, 3 airport investors, one credit rating agency, and one investment banker. To give a clear impression of the very frank and diverse views expressed on a wide range of issues, extensive excerpts or paraphrases of these interviews are presented below under a broad listing of subject headings and without attribution to specific firms or individuals, except by very general type of investor or operator. A Comparison of Different Types of Infrastructure Investment 2. The representative of a large infrastructure firm indicated that investors in developing countries want true partnerships; and this can shorten payables period and can help control downside risks. His firm doesn’t walk away and can take a long time for an important client. Their relationship, for example, with one large firm on power was in the form of a BOT project for 25 or 30 years. On the other hand, a water concession in one developing country where farmers and others complained a few years ago had a negative effect on his firm. They are nervous about continued public subsidies, especially if the subsidies are up front. They fear rules changes from possible future public pressures. 3. He notes that in China toll roads and power projects have attracted private investors. Toll roads are very tough; there is no track record of data to build on. With airports there are lots of data. Furthermore the capital element in airports may be separated, which may make financing arrangements for concessions easier. But airport projects are constrained by the fact that if prices are too high there will be low traffic levels. Railroad projects have much down side. Power plant projects have the downside that if there are state customers and they stop paying there is no easy recourse. Indeed, the leverage situation in any infrastructure project changes once your money is already invested. Nevertheless, the projects that work best for his firm are those where there is a direct link with the customer as in airport and water projects. Privatization Projects in Landlocked Countries as a Nucleus for Cross-Border Projects 4. One railroad investor thought that it might be worth trying to start privatization projects in landlocked countries in the hope that they can later become true cross-border 25 projects, reaching through transit countries. Bidders should be made to be serious by having to put up say $1 million in escrow and be prepared to pay 1% as a break-up fee if there bid is unsuccessful. A View of the History of Infrastructure Investments in Developing Countries 5. Another railroad investor looked back at the history of infrastructure investments in the late eighties and early nineties, and notes that donors were eager to try to improve the management of existing public railroads even though the main positions were political appointees. Governments, pressed by donors, then tried management contracts, giving former consultants active powers of management, subject to monitoring by the governments and the donors. This provided a kind of transition to the next phase when concessions were imposed by the World Bank on developing countries. Before this new epoch, donors had subsidized public railroads on a vast scale—and often benefits went to the suppliers of equipment, which was sometimes inappropriate or of inferior quality or perhaps of quality too difficult to maintain in the environment in the recipient country. Under the concession system imposed by the World Bank the full responsibility has been transferred to the private party and the experience has presumably led to great increases in productivity and in the rationality of decision- making on infrastructure investments. 6. For him, in picking a good concession project for investment, the first consideration is the market. To be effective you need bulk commodities such as mining, cement, or construction materials. A second criterion is a requirement to have a lot of exports and also imports; oil and cotton in Mali, for example, are paid in dollars hard currency. A rail line that is internally oriented is vulnerable to internal economy fluctuations. He noted that French investors look first at locomotives and then at what other equipment is needed, while his firm looks first at the market. 7. There’s an added constraint, in his view, on North American railroad bidders and that is the sharp differences in culture when they operate in foreign areas; for example management in North America is used to bonuses and going up the ladder to the top; Europe has quite different standards and that can be a problem. Rail America, a U.S. company operating in Chile, has had to adjust to this. US Railroad Short Lines as a Source of Investors in Developing Countries 8. The head of a consulting and investing firm pointed out that in the United States Conrail was created (1976) out of the bankrupt pieces of most of the eastern US rail lines. The Staggers Act (1980) allowed mergers and allowed the company to close or sell branch lines. As a result there are some 500 short lines in the US, a quadrupling of the past number. Some of these have ended up as part of investor groups active in concessioning railroads in developing countries. Who owns a railroad matters a great deal in determining its efficiency and effectiveness. 26 Early Rail Concessions 9. A railroad president with experience in Latin America recalled that Carlos Menem, in Argentina, had pushed for rail privatization in the early nineties. The British had built and made money on the railroad in Argentina, but Peron had nationalized it in the nineteen fifties. In the mean time the real situation of the railroads was deteriorating due to reduction of rail traffic volumes with the growth of the modern highway network in Argentina. The first developing country privatization took place in the early nineties. Within a very short time employment on the line was squeezed down from 6,500 to 1,500 employees. Work rules were changed and featherbedding eliminated. There was assistance from the WB for the readjustment of the labor force, and the remaining work force received substantially higher real income. He believes privatizations everywhere have avoided unrest. In Bolivia with the arrival of a concession, there were a couple of days rock throwing and that is all, and real wages in the rail there are up by 50 percent in five years. 10. The Bolivia concession runs for 40 years and the Argentine one was for about 25 years. This is long enough for any investments in the early years to fully pay off well before initial concession term ends. 11. In Argentina the partners tried to negotiate the terms of the concession carefully with the government but there was a major shortcoming in the preparations for the transition. Government failed to make adequate preparation so that in the last six months before takeover business went way down. The takeover was a hand to hand effort and took some 30 days. In the Bolivia takeover there was a major problem in identifying state versus railroad assets, because of the poor records that the railroad had kept. The railroad people were managers but were not the sellers (i.e., the government) and were only loosely knowledgeable of such detail. On the other hand, if the accounting had been done right it might have taken much longer than the ad hoc arrangements which were actually made. The non-railroad inventory included hospitals, housing, camps, maintenance shops, and administrative offices. In state hands, nothing had been thrown out and there were huge amounts of scrap, out-of-service cars, squatter housing, and many social problems. 12. In Bolivia, employment and social unrest are not significant problems and can be fixed where necessary. The concession has competitive- margin industrial country operations; the labor ratio as a percent of total costs in Bolivia is 25 percent in contrast to 40 or 45 percent in the U.S.—because labor is so cheap in Bolivia. This means that when necessary the concession can operate with some excess margin of employees over rock bottom needs—if politically required to do so. 13. One Argentine concession, won in 1995, had a rough time for 4 or 5 years—he feels the owner originally paid too much for it, but has since put more money into it and it’s now doing better. The original bid should have been more than 25 percent less. It turned out that there were greater requirements than the owner was aware of and the 27 government itself didn’t come through in the way expected. There was no competing bid but one had been expected. IFC and World Bank Support 14. The IFC was not involved in the acquisition of the 1995 concession but did participate in the improvement of assets along with the IADB and CAF. The investor feels private banking doesn’t know railroads, while the IFC knows infrastructure and knows how to do longer term lending tha n private banks are able to do. 15. Another rail investor in Latin America noted that his firm had had good dealings with the IFC, and where they have made tenders they get eight to nine years on maturities and market rates of interest and these are reasonable. As to the World Bank, he feels they’ve tried to work to bring projects to market, and they do get involved with the question of changes in the size of the work force under privatization, and have sought to cushion changes required with appropria te adjustment schemes. 16. A consultant on concessioning points out that the IFC won’t invest in concessions because it is not allowed to. But this is not really enforced in Latin America, where in effect IFC invests in the operator. However IFC is not active in Africa. International financial institutions don’t like to participate in competitive processes if they are on a non exclusive basis. They don’t like to take sides in competitive processes, he believes. Private Investment Based on an Origin Materials Model 17. For one experienced rail investor in Latin America, the basis for effective private investment is what he calls an origin materials model. The Orientale railroad in Southern Bolivia fits the model, which in his view requires 1) sufficient length of haul, 2) the existence of alternative corridors, and 3) major traditional exports that are well developed. The origin country has an advantage in that it can control the efficiency of the flow of the export commodity, and if necessary allocate it among alternative routes. Transit countries are in a more difficult position because they cannot plan the flow of the trade in the same way, and feel the competitive pressure of the alternative routes. In Southern Bolivia there are three choices: river traffic by barge, land transfer into Brazil, and land transfer into Argentina. The major products involved are soya and the hydrocarbon business. Indeed the privatized railroad has already considerably reduced truck competition from what it was before. 18. He reiterated the requirements for an effective developing country railroad investment: 1) control over pricing; 2) exclusive franchise; 3) customers have choices in re alternative corridors; 4) the railroad should best be in an origin country; and 5) the railroad should not be a short haul line since these are difficult to manage. 28 Railroad Efficiency and Productivity: Realistic Expectations 19. This investor further feels that World Bank support for privatization is correct; railroads off the government’s back in global terms is beneficial. Where private and government investments fall down in some cases is because of unreal expectations: fixed costs are high, and where there has been a long term decline because of neglect or the competition of other transport modes, there is not going to be enough capital to reverse this in most situations. Overzealous promises about future investments are often made, even in concession agreements, sometimes in good faith, sometimes in bad faith. You just can’t rationally go from a 15mph railroad line to a 40mph railroad line in any short time. Where you have an average of 40tn. per wagon on your railroad versus over 100tn. in the U.S. it takes a very long time to get there. In the 50s the U.S. itself had about 55tn. per wagon and it has taken over a half century for that to double. 20. The results of concessioning are dramatically summarized by this investor using the example of Bolivia as follows: For the 5 years 1991-1995 ENFE (the state railroad) received $87.4 million as aid from the government of Bolivia, for investment or for subsidy. For the 5 years 1996-2000 the government of Bolivia received $37.5 million from the two newly formed railroad concessions, and at the same time freight rates went down. The True Object of Concessioning: Productivity Gains by Changing Railroad Management 21. A former railroad operator in Africa expressed his overall view of the concessioning process: The main interest in railroad concessioning is to change the management. Most railroad investments had been financed in the past through aid donors or IFI’s. The World Bank and others will no longer lend for public railroads, and concessions are thus seen as a way to attract private funding. These arrangements have been in some cases devastating to investors. 22. The country risks are high. Private sources bring skills, but only a limited part of the financing. The main problems are not interest rates but maturity lengths. There is a five year private sector limit for private banks. Railroads are able to get private bank loans for equipment, but they also need fifteen to twenty year loans for more basic infrastructure which only donors can provide. The WB tried to involve IFC in the Cameroon case but failed. 23. Rehabilitation loans have succeeded, with $60 million a typical order of magnitude for this type of loan. Donors are ready to support such efforts. But projects, to go forward, need assurances that they’ll get donor financing. 24. Efficiency is really the only issue. Sitarail, for example, raised rates and yet increased market share substantially by delivering quality service. Country risk will remain high and therefore private financing is quite limited. A 30% rate of return is needed by the private sector, with thus only a few year payback period. No long term 29 private financing is feasible and IFIs must continue to support privatization efforts. The main benefits from privatization are thus shifts in management and attendant productivity gains and not more private money. Problems in Railroad Tendering 25. Senior representatives of a large firm with many African investments held that, given the history of public inefficiency in railroad operations, and under pressure from the WB, several African countries have opened their railroads to privatization. Their firm has tendered six or seven times for railroads, has won in some cases, and has been in discussions concerning Tanzania, Kenya and Uganda. Investments may be as much as $100-150 million if they win, and the properties are likely to have been mismanaged for years; some will also face the problem that concessions may need to be renewed within as little as 5-7 years. Other problems it has encountered include: Non- negotiable requests are made for signing concession contracts before the contract details have been worked out and without the right of effectively presenting counter proposals. Consultants advising governments are apparently unable to feel free to interfere even when governments are making seriously unreasonable demands and before these are locked in as concession requirements; furthermore good consultants have proved hard to keep. The amount of investment requirements are unreasonably precise, for example the requirement to make rail rehabilitation investments within five years is likely to amount to more than half of the total investments called for in the entire tender, and may grossly interfere with the flexibility of management to adapt to actual economic and operating conditions. But obtaining the finance for very large rehabilitation requirements that are often found in these railroads situations raises problems of finding adequate finance in general. Competition in the bidding process would be substantia lly increased if a significant part of the investment requirements were shifted to remain with the state rather than onto the new private concessionaire. The inclusion of very strict financial ratios to meet tendering requirements is unwarranted; there should be flexibility to discuss such requirements in the negotiations for a concession contract. Alternative Offers vs. Transparency and the World Bank 26. In railroad concession projects, another large investor in many African countries has made some proposals, for example in Ghana. In 2 years, there were eight prequalifying companies, of which four qualified, but only three made technical offers and only two continued to work on final offers, but in the end no final offers were made. The investor supports transparency but now there is no possibility for creativity or flexibility and there must be allowance for alternative offers. In the end the World Bank decides, and here subjectivity is the problem with the decision making. There are now some 20 port concession projects, and several of these have been won by his firm. 27. Overall policy should provide for the following: 1) World Bank rules in re transportation BOT projects should be followed, and projects should include public private participation or also participation by private financial institutions. The WB should organize competition so that it works. 2) The World Bank should apply a legal 30 framework since this can make things easier for everybody. New laws may be required in some countries but an effort should be made to make these arrangements more productive and more quickly. 3) Because it is so highly risky, there is a need to better finance the development phase between the award of the bid and the financial contract; a sharing of these risks, as was done in the past, would lead to more tendering, more ideas, and more good projects. Results are more selective now than they need be, and there is too much reliance on short term high interest loans. 85% of the headaches in the whole process come at this stage. Negotiation vs. Competition in Concession Arrangements 28. One survey participant raised this subject by describing some recent West African concessions. The Ouagadougou-Abidjan railroad was a public bi- national railroad up until 1989 when it was split between the two countries. This didn’t work, since 90 percent of the traffic was international. The countries decided themselves that it was necessary to reunify the railroad and privatize it. Cotes d’Ivoire had had experience already with private management concessions for water and electricity. Then the World Bank jumped in, and thus started a railroad privatization concession, Sitarail, in 1995. The concession was awarded by the two governments on a negotiated, non-transparent, non-competitive basis. The railroad has run very well and was considered a great success. Of course it has now been shut down since last November because of the fighting in Cote d’Ivoire. Both the road and the railroad routes to Abidjan have been closed; the railroad had had more than half of traffic. Customs arrangements on the Sitarail worked well, and 90 percent of the container traffic was using the railroad. Burkina Faso is now forced to rely on Ghana roads, which in his view are in bad shape, or on the rail to Lome which traditionally got about a quarter of the Burkina Faso trade. 29. The World Bank has been wrong in wanting competition processes for concessions in all cases. In Gabon there were two bidder groups: the first was led by the manganese company, which was the largest customer on the railroad and the second by logging companies which in fact won the bid. Indeed the government had guaranteed the concession arrangements, [which included new higher rates for manganese traffic]. There should have been user’s cooperation, [but instead there was a continuing dispute about the rates, which lead to the breakdown of the concession]. The World Bank made a mistake in this case, although in general competition is the right way to concession. The differences should have been negotiated. 30. The Cameroon railroad serves Chad and the Central African Republic. Camrail was privatized in 1999 with the winning bid going to Comazar, which is a partnership between Bollore and the South African parastatal Spoornet. Traffic includes materials for the new oil pipeline from Chad plus general cargo plus logs from the CAR. Another survey participant noted that in Cameroon that there had been two bids for the concession to operate Camrail; the government backed one of the bids, but then required the 2 bidders to join forces, and the railroad is operating under this arrangement. 31 Other Recent African Railroad Concessioning Efforts 31. The Senegal-Mali privatization has been very long and complicated and has taken seven years, as described by a survey member. Negotiations started in about 1996. There were two separate rail lines, one Senegal and one Mali, which were split apart in the 1960s. The two roads were in his view particularly inefficient, and failed to cooperate, with bad overall results. It took the World Bank years to get agreement on a joint concession covering the two countries and thus forming a true cross-border project on behalf of a landlocked country and its transit neighbor. In the end there were two bidders, and early in 2003 the consortium led by CANAC won the bid, although financial closure had yet to be done. There had been a donors conference organized involving the World Bank, the EIB, and the French and Canadian development banks. 32. Another survey participant felt that the award of the contract in Senegal/Mali to CANAC plus Getma should have gone to the other consortium, particularly since Maersk/Bollore, a leader in this other consortium, is a major user of the rail line, generating something like 80 percent of the traffic on the line. He believes it would have been very smart to invite them into the winning consortium, and notes that traffic from Senegal Cement further unbalances the flows. The railroad emp loys some 8,000 people in Dakar and Bamako, and Bollore and Maersk would bring great strengths to the concession. 33. Another investor held a different view. In earlier years, the World Bank thought that it was useful to link big users to a consortium bidding for concessions in order to ensure their loyalty to a rail project. However, he believes that Maersk, if it is part of a concession, won’t necessarily use the route, since service is more important than price to them. On time and good reliable service is their first priority. Price is not a big consideration, since charges are passed on to the client. In Cameroon part of the bidding process was a requirement that 33 percent of shareholders had to be users. This investor’s own opinion is that privatized service should be separate from ownership by users, and let the market speak. 34. Furthermore, he believes that the motivation of some bidders is not necessarily optimal economically for the country concerned. For example Bollore wanted to export cotton from Chad and wanted to control the missing link in its connection to the world market even if it lost money on the route. Another problem is that there are too few bids, usually one, two or three on a project. There are not many rail operators in the world and the successful ones come largely from rail freight and really only from North American railroads. They have tried to interest other private operators but it’s very complicated. For example, in order to bid on Dakar-Bamako originally required two bid bonds totaling $1.5 million, which lead his own firm to refuse. 35. A different investor felt that the award of the contract was more a kind of compromise since he believes the government may have thought that the CANARAIL group with Maersk and Bollore in it may be too strong. Furthermore, he believes that CANAC, in accepting all the pages of the bidding document as they were written, was 32 taking a big risk, believing that they will not in practice be held to some of the unrealistic requirement s listed there. But there were many other unreasonable conditions, in his view. From the day a winner was announced, there were 90 days to raise the limited recourse loans required from banks. If you don’t meet this you lose your $2 million bid guarantee; three months is not enough. He also believes that the debt burden of concessionaires has to be lightened. Dakar-Bamako will take $60 million in long term investment to fix the track; the burden of restoring this basic infrastructure would shut off any other borrowing for current shorter term needs. Without this burden, a 1¢ per ton kilometer toll could easily reimburse a new loan for rolling stock and planned expansion, which is now cut off by their basic infrastructure obligation. 36. Another investor recalled that there was a Swedish model for the first concessions where you split the infrastructure from the users of a railroad or road. Of course the railroad needed a signal system and telecommunications structures so the infrastructure and the operations were clearly linked. But in an accident, reports would have to be made to two different companies. There’s a second problem with separating operations from maintenance and upgrades in basic infrastructure—these have to be a response to traffic requirements and this makes for a distortion in planning, since the infrastructure companies will probably get inadequate feedback from the operator about its longer term projections, which may be kept confidential. The countries don’t want to sell there government-owned often substantially bankrupt railroads. His firm pulled out of bidding on Cameroon because of an $80 million requirement to rehabilitate the railroad. Now there is a shift to recognize the need for government to finance the rehabilitation so that private operators have an appropriate sharing formula with the government to cover these costs. 37. The head of a firm advising on concessions described efforts underway currently or in recent years for privatization in East Africa. In 1998 a proposal for privatization was put forward through what might have been a sole source initiative for running the Ugandan railroad for 5 years, after which it would go for concessioning; but there had been some unfortunate bank privatizations in Uganda at about the same time which had created a fuss in parliament and the government decided not to go ahead with the project. There is now a transaction advisor for privatization of the Uganda railroad being financed by the World Bank. 38. He noted that the IFC privatization unit is now doing an in- house study as a new initiative for the Kenya railroad. Various donors are providing grant assistance in support of this project, in the form of a supply of engineers, lawyers, and accountants. 39. As to privatization in Tanzania, in his opinion, the consulting firm advising the government had made mistakes. They had insisted that consortium bidders be led by an operating freight railroad company. This led to many metaphysical questions, since for a long time some adventurous investors have claimed to be operators, although sometimes with nebulous real credentials. G & W and CANAC each prequalified, but in the end chose not to bid. [Comazar undertook the necessary due diligence, but decided it was not 33 possible to submit a compliant bid. Tanzanian government is now seeking finance for a new adviser]. 40. Another investor noted that his firm couldn’t meet the conditions precedent for bidding on the Tanzania railroad concession, and alternatives proposed were not accepted. The lawyer drafting the original tender letter as an advisor to the government was excessively protective, and called for a $25 million performance guarantee, indexed to U.S. costs, in a situation calling for a $40 to 60 million overall investment obligation. Apparently the government, in his view, never really wanted the concession to go through. 41. A survey participant pointed out that in another developing country the problem with a concession there is that the deal was done in secrecy since the government wished to postpone discussions with labor, and they couldn’t meet with some vendors beforehand, and had not talked in advance in parliament. Here it seems, in his view, that misleading information and innuendo were worse than a full opening of information at an early stage. 42. An unsuccessful bidder for a concession in a different country thinks that the contract award was in many ways a case of sour grapes. In his view, the whole process is not as fair as it should be. It has taken too long. It is too corrupt. And there appears to be collusion. He feels that the World Bank wanted results. The Bank has been turning a blind eye to all this in order to get privatizing done. Now, the investor says, he won’t bid on a project if the Bank is involved. He believes somebody said, “Just get it done.” His own group was too cautious maybe. The process is unclear. They turned a blind eye. People got burnt. It's a jungle. Railroad Concessioning and Possible Further Areas for its Use 43. Another investor, in railroads, thinks that the Argentine model has withstood the test of time for private investment in formerly public rail facilities. There are two extremes, ownership or leasing of assets. The relative cheapness of the amounts obtained by the government from the transaction is easier to explain to its public in the case of a lease than for an outright sale. Overall, he feels that his investments in Latin America have done well, with one exception which has so far been a failure (although there ultimately remains residual real estate values that are good). His investments in Africa have so far been doing o.k., but completion of the financing proved to be difficult. Nevertheless, he thinks Africa remains the most attractive region for private investment in the developing world. 44. When he went into Argentina in the early 1990s he was able to reduce the work force from 12,000 to 2,000 almost overnight; at the same time he was able to double salaries of the remaining staff. This combination worked, with the pay raises effectively getting the agreement to the whole deal by the labor unions. 34 45. As to the prospects for future rail privatization within South Africa, he does not see any real possibilities, as long as the railroad has as its number one priority to maximize rail employment. South Africa would also like to be a dominant force in rail in its neighboring countries. So no privatization moves take place in South Africa, other than World Bank studies by South African consultants which can last for ten years, and thus freeze all action. 46. In the former Soviet Union the separate national railways may make money even with the reduced traffic flows now available, and are no doubt at least breaking even, and presumably wo uld avoid any changes such as privatization that would increase unemployment. In Latin America only Venezuela and Cuba has so far resisted privatization. 47. He feels the market place in Africa is putting corridors together. Uganda-Kenya should come soon. 48. Another railroad investor believes that the situation in Africa, despite the long shut down, is such that the Zambia-Benguela railroad might be made to work again profitably. 49. A concessioning advisor commented further on the potential for concession of railroads in South Africa. It appears that South Africa has lost the battle with the unions, who would lose a substantial number of jobs in railroading with privatization. The ports in South Africa have less overstaffing and privatization could probably go through, so that ports there are ripe for such action now. The railroad however acts as if its own privatization is off the books, and Spoornet acts to expand South Africa’s political and economic interests by bidding for privatizations in adjoining and more distant countries in Africa. 50. He also pointed out that in Mongolia there is a move toward commercialization of rail operations and installation of a traffic costing system but there is no thought of privatization at this time. Enforcing Compliance with the Terms of Concessions, and the Role of the World Bank 51. The President of a firm managing an African concession indicated that the government had reneged on the terms of the concession, and he was deeply disturbed by this development. He felt that they had little clout when it came to political manipulations such as these. He suggested that were they a very large firm with wide connections in many countries they could have used their influence to avoid the current debacle. Indeed he feels that if the World Bank or the IFC were more closely involved in the monitoring of concession performance it might have made continued WB finance conditional on fulfillment of concession terms among other conditionality requirements. He noted that the EBRD watched closely in Romania as difficulties with concession interpretations arose and that this helped resolve them fairly. 35 52. Senior officials of a sovereign credit rating agency noted the following: As to public private partnerships, such as in ports and container terminals, the lesson was that there was a risk of government failure to comply with the agreed terms. They noted that the World Bank focuses on deals but does not follow up to see whether there are failures to fulfill the terms or to bring pressure for compliance. The trend toward stressing performance based aid might help improve this problem. 53. An airport investor described the large losses (more than $300 million) they face in an Asian country because of the refusal of the new government to honor the concession agreement negotiated with a previous government—because the new government claimed that the contract had not been honestly won. The investor was considering whether to claim the political risk insurance that was involved. [Efforts to get compensation from the government await a Supreme Court ruling. The investor has also filed an arbitration claim against the government with the World Bank.] Public-Private Partnerships and the IFC 54. Another airport investor noted that if not enough money is available, then public/private partnerships may be the solution in coming years—otherwise they won’t be able to attract the necessary funds given the risks. They understand that the World Bank is working on a new scheme for ensuring private investors for exchange risk. The WB should put in place a new framework, not going through simple BOT, but rather following the pattern that evolved in water utilities in France with municipalities retaining part of ownership and with distribution through concessions to water companies. Investment remains in the hands of municipalities but businesses are run by private companies and some contracts will contain efficiency ratios and productivity benchmarks. There are many schemes possib le, but there is no need for a unique formula. Rather there is a need to look at each country’s situation and its creditworthiness in order to guide the terms. IFC is of course reluctant to have this degree of adaptability because by its Charter it cannot finance projects where the government still remains involved as a partner. Perhaps this can change, he says. The Costs of Bidding 55. In the view of a senior official from a large diversified infrastructure firm, up to the prequalifying stage in the concessioning process, investment requirements are usually quite small; in the next stage up to making an offer, expenditures may increase five- fold to $200,000 to $1 million or more; the final closing stage may bring a further expansion of more than tenfold in expenditures on the part of the winner; the World Bank and the IFC never take the risk during this period, though private banks may take such risks. In the case of railway concessions, expenditures by the client may run as high as $4 million, although investors usually try to avoid paying much more than $1 million. Control of the project negotiations is critical in the early stages if there are several investors. Investors can try to mitigate risk by seeking to get the best financial engineering in the world, 36 resulting in expensive studies; these in turn must be selective, and this limits the number of projects that can be undertaken. 56. A smaller investor noted that bidding is always an in- house affair for him (along with a partner from the local country who knows the ropes there) with costs to explore a bid very low, unlike very large expenditures by some players with expensive consultants. 57. On one occasion, he said, a delegation came to him from a developing country along with IFC and asked them if they would bid against another firm in the bidding process which was being planned—and he replied that he would do so if they would pay him for submitting such a bid, since he had decided not to bid in the first place. 58. Another railroad investor indicated that an initial inquiry into a potential bidding situation might take a week or two without incurring any significant costs. Serious preparation of a bid might take from $250,000 to $500,000 depending on the bidding conditions; it might also require buying a bid bond which might cost a couple of million dollars, which you would regain if you did not win. Such bonds were required for Peru and NZ but they are not universally called for. 59. In Mexico, according to another firm, it has cost them about $100,000 to develop a bid. When it comes to financial closure, requirements can add as much as $1 million, and investment bankers are likely to add five to eight percent of the total value of the deal as their fee. How Can We Shorten the Time and Lower the Cost of Bidding? 60. An investor and concessioning advisor is now actively discouraging any prequalification phase in bidding. It’s cheap to enter this phase—and there is no real commitment to anything. In the Dar Es Salaam container bidding, twelve groups applied for prequalification and six were quickly dropped—including the port of Barcelona which had never invested overseas. Dropping the prequalification saves up to two years in the whole process and there is no real loss since any serious bidder can come forward and be screened when his actual bid is submitted. The bidding for port operations in Congo Brazzaville brought forth twenty expressions of interest, but only two prequalified, SNCFI (which is now the operator) and RITES. The government might well have opened up without prequalifying and saved time with no change in the results. [However, a specialist at the WB points out that some potential bidders will only consider bidding where there is a prequalification requirement so that they avoid any situation where they might be blind-sided by the sudden appearance of a last minute new bidder.] 61. From this advisor’s point of view, how can the whole investment process be made less expensive? He has already suggested removing the prequalification phase and saving up to two years in time. Investors generally want their money back within eight years. The bidding cycle typically takes six years from the decision to bid to the operator taking the keys. Malawi was much faster taking only three and a half years. Malawi and Mozambique both started the process at the same time and the Malawi government would 37 have slowed down by a few months if it could have; Mozambique was definitely faster in its initial arrangements. The time from invitation to the announcement of bidding winner in Zambia was a record five months. He recommends a simple pass/fail test on the technical qualification part of the bidding and then moving far more quickly to the financial proposals. 62. As to the evaluation of proposals, he notes that the record and recommendation goes to the cabinet and sums up everything, and there is an endorsement by the cabinet, and then a negotiation phase begins which they can try to minimize. This leads to an agreement and if you are the winning bidder you’ve got to sign it. The Attorney General has to sign it, but he wants all the details worked out first. The bidder wants the freedom to talk about it, and then he wants to be able to talk to MIGA or other insurers. This can all take a long time. In Jordan a government potash company refused to sign the traffic guaranty in the agreement and the deal fell through there. Bidders often push for changes. 63. When it comes to hand over time there are usually 30 days to take the assets off the property that do not go with the concession. A bid bond was required in Malawi. The amount in Zambia was $100,000; the proposal in Tanzania was for $500,000, each to be a submitted on the day the bid is submitted. In Tanzania the government had, in his view, draconian clauses if there were factual errors in proposals. Open Access 64. One railroad investor strongly opposes open access as a “Thatcherite dogma.” 65. Separation of the ownership of railroad tracks from railroad operations creates major problems, notes another investor. An effective transportation system doesn’t work this way. It’s hard to invest in track with uncertainty about the volume of traffic to project. Such a situation is very risky and would not be appetizing in Africa. 66. As to open access, in Mexico with a 30 year concession the first eighteen years are exclusive use, and this will be followed by twelve years of open access. In Australia in theory all concessions are open access. 67. If there’s no open access, and operations along the track have the same entity as owner, allocation of investment funds can be more rational, there is better control of safety, and management returns are better. 68. Another survey participant noted that in the European Union the railroad infrastructure systems are public as a matter of EU policy in the treaty. Operations, however, may be privatized concessions with provisions calling for open access. Of course there are costs for operators arising from open access requirements and a number of governments retain the right to require open access. Open access does give customers greater leverage and it also reduces the need for government regulations. There may be a lot of competition in the Mali-Senegal railroad as a result. 38 69. Another investor felt that open access, when required of a concessionaire, could lead to an administrative problem. The governments, for example, of Mali and Senegal might create a committee to oversee the dealings between two private companies, with ministers from both governments. They would have freedom to ask for and see reports, and micromanage, and oversee and approve the suppliers of spare parts, etc. Clearly a user fee charged on the revenues would be simpler than such micromanagement, and would reduce the risks to the investors. 70. [On the other hand, a WB specialist feels that the issue of open access to rail infrastructure is a red herring in most developing countries. Total traffic density is too low to yield any real economies, in his view.] Passenger Service 71. Another problem, a rail investor notes, is the question of passenger service. It is wrong to ask concessionaires to undertake a passenger service; these are two different businesses, freight and passenger rail. For example, in Canada and the US, Canadian National which is an enormous operation owns no stations at all. To ask a concessionaire to provide passenger service is really requiring a subsidy to a public service. It should be possible for there to be a separate contract to cover passenger traffic, perhaps with a provision to pay the difference between actual ticket revenues and costs. 72. Passenger and freight are widely different businesses requiring widely different treatment. Zambia wanted to keep passenger service and they were willing to concession general freight and mining freight but were insisting that the passenger service go with one or the other as part of the deal. He, himself, would prefer two separate operations, with different equipment, and people, and marketing, and stations. 73. [The personal view of a WB specialist is that most railways may be too small for two concessions, and therefore some minimum level of service needs to be written into the concession agreement, with some periodic review and objective criteria as to whether the services should be continued.] Overbuilding and Unnecessary Aid 74. Senior officials of a major infrastructure investor feel that the countries in Africa face great pressure for overbuilding infrastructure facilities, including pressures from suppliers. For example a big port investment is underway in a West African country. But the real requirement needed is proper management. Extending the existing quays may be all that is needed to get full productivity benefit and meet capacity requirements—without building new quays. But African politics call for investments and a country’s chunk of the pie. And indeed the WB likes to invest. 75. A rail investor thinks that donors often make Africa worse not better. Unnecessary capital projects delay necessary restructuring. Gifts by one donor of 39 expensive Alston railroad engines were completely wasted on an East African country, since they were unsuited to the climate and could not be maintained. He thinks the Europeans have tended to overbuild in their support for railways to increase sales and employment in their supply industries for equipment, whereas the US has typically been leaner, in his view. So in Africa you get overbuilding and no continuity in follow up maintenance. 76. Aid agencies in one African country are more willing to support humanitarian activities if it is in connection with a project with a private investor present, viewing the situation as less likely to be corrupt. Aid in his view introduces a wild card that distracts and distorts, in his experience in Latin America and Africa. The Role of the World Bank 77. An investor recalled an unfortunate experience bidding for a rail project in an Asian country in 1996-97 because of uncontrolled actions by some World Bank officials who in his view had serious conflicts of interest—and had failed to get serious support for the project by the country authorities. The project aimed to start a new open access franchise for oil shipments. The WB guys were pushing the project vigorously. At the same time one of them was a consultant to one of the bidding partners. The group won the bid in the first round but had to be re-bid because of some technical objection. Some $80 million was raised. The bid was then won by another group, but then it turned out that the country didn’t want the project. The investor complained of conflict of interest to the WB, but the bank pointed out that the consulting was in an area technically separate from the project itself, and was therefore permissible. 78. As to the good works of the World Bank, the investor cited the selective interventions and the targeted investments in the transport sectors of a Latin American and an African country prior to privatization, that he had observed. 79. The investor found it odd that he had run into some World Bank opposition on a Latin American railroad acquisition because of what was called an “environmental” problem, namely that there were squatters along the long unused right-of-way. Ports 80. A large investor firm noted, with regard to ports, the situation in Francophone West Africa is typically that public authorities are in charge of infrastructure but handling is private, either in the form of joint ventures or separate entities. The experience in Liberia with port privatization was a disaster, with a fake private actor making kickbacks to the government, and with the ultimate result that the port was renationalized. 81. In Douala in the last ten years there has been a 50 percent cut in rates to shippers because of competition among handlers with regard to licenses to use the small set of large modern cranes. The firm noted that efforts now to privatize the whole Douala port have run into problems because of what the investor sees as the “dogmatic” views of the 40 World Bank on this subject. Arrangements that have been approved by the World Bank in East Africa for complete port privatization have not been made available in the tendering in West Africa, presumably for fear they won’t work there and may fail to provide all the potential benefits from productivity gains. The firm fears that it is seen as a “rapacious actor.” Despite changes in the tender requirements, the firm says it will continue to tender as it has. 82. A survey participant pointed to a successful privatization of a small container terminal at the port of Dar Es Salaam. The management of the publicly owned port was against privatizing the container terminal. But President Benjamin Mkapa, of Tanzania, has led the move toward privatization. He established a Presidential Parastatal Restructuring Commission which reports to the President and the necessary legislation was passed. The terminal has been in private hands for two years, and is a major success story in terms of increased productivity. 83. In concession agreements, benefits should be shared between the government, the new operators, and users. There is never any guarantee that the users will benefit. In the case of the above container terminal, there was built into the agreement provision for a maximum tariff rate with a clause providing for a three percent reduction per year for the first 5 years of the 10 year lease. Conditions were favorable in that all the equipment was already in place and there was no need for new investment for ten years. [In fact, the lessee found that the existing rubber tired gantries were too slow, and has purchased additional new RTGs.] Furthermore the existing tariff was already at the maximum rate called for in the lease agreement. All of these were conditions which had been provided by a prosperous public corporation running the port as a whole. 84. The representative of a large shipping line and terminal operator noted that in Africa and in other regions with landlocked countries it moves cargo internally as well as providing ocean freight service, which is very competitive. It is involved in rail, trucking, and barging in all sorts of places. In ports it provides for space availability and handling facilities as well as financing terminal operators. Government operation of ports is not working very well and privatization of ports is vital and should include provision for a reserved part for the use of landlocked countries. Steamship lines compete for cargo and they or their agents may invest in related forms of transport; his firm’s agents own fleets of trucks in many places as well as interest in railroad concessions. 85. As to the landlocked problem, he notes that shippers have a fully sweeping view of all of its ramifications. They also offer advice to governments and they seek to make improvements in such vital matters as customs clearances. 86. For prospective projects such as those aiming at improved landlocked transit routes, he believes the IFC might usefully be involved and is likely to be more risk friendly and carry lower interest rates than otherwise. Projects of this sort are especially good for landlocked countries: they are more open, more risk friendly, and have lower 41 carrying costs, and they could expand private investment flows to landlocked developing countries. 87. He further believes that a major potential development that of special importance to landlocked countries, is the establishment of dry inland ports in these countries. These might be at the destination of shipping links from seaports through transit neighbors to distribution centers in the landlocked country, particularly for container traffic. To obtain private financing for such developments landlocked countries must be interested in development. They must expect a payback to the investors of three or four years or something in that league. To attract capable investors there has to be a quick payback and high return. These projects may also benefit from various insur ance arrangements provided by MIGA or other insurers in re political risk. 88. He indicated that his firm is looking at a very broad range of countries for the development of container terminals—that is, some 60 countries are possible areas for further development. 89. I mentioned to another investor the great stress that the above firm had put on dry inland ports as a high priority for landlocked countries in simplifying and lowering the bureaucratic costs and delays to and from ports. The investor felt that the firm would indeed be eager to invest in such ports as an extension of its worldwide shipping services which could give them a substantial competitive advantage over other shippers without ownership of such facilities. Roads 90. One large investor noted that the trucking business in Africa is risky and hard to control and competition is unfair since the competitors don't pay taxes. The roads are very dangerous. Road maintenance and extension of the road network are badly needed. 91. Another major investor emphasized that there is a tremendous need and future in Africa for roads, even small roads. Public ownership in developing countries has meant lateness in maintenance, with waits often until the needs are overwhelming. Concessions are possible regarding road maintenance with appropriate inflation adjustments and quality requirements. His firm never runs away from such projects. 92. An official of another major infrastructure firm indicated that activities are undertaken starting with studies of tendering situations which results in intermediate reports that go before the company’s risk committee, including the Chairman, CFO and internal legal counsel. When they move ahead with the project they will be with local partners and will provide most of the expenses. They are open to public private participation schemes. In the last eighteen months they have looked into output based aid that links payments to delivered performance on a contract, such as road maintenance, and are supported by medium to long-term credits of 5 or more years. 42 93. In West Africa this firm is interested in construction and maintenance of roads but they are very, very cautious. Their philosophy is very simple. They work under a bubble. They want a protective shie ld of insurance and involvement by multilateral agencies. They want specialists and experts to be in charge and a special regulatory framework with maximum security with respect to legal, tax and customs regulations. They have been trying to achieve this in Cameroon and the Ivory Coast. Since MIGA is only for projects, they find that tendering is a cheap way of giving project development. They look toward a regional framework, with well made documents for tendering, and providing for effective local evaluation. Poor quality of projects and failures arise when there are defects in documentation, in technical definitions, and in the capacity of local authorities to evaluate and award contracts. Their first effort is always to offset the country risk with political risk insurance. 94. As to toll roads, another investor looked at Malawi and found traffic densities too low to warrant such investments—it would require a million gross tons to justify a project. 95. Another participant stressed that toll roads can be beneficial if run properly. Chile is a best case with a north-south toll road, route 5, formed by separately bid segment. The more segments were completed the faster north-south traffic could move and the more trucks take advantage of the route. 96. An investor and concession advisor, with regard to roads and privatization projects, thinks there might be a middle way in which roads could be operated privately and supplement this with continued public ownership of the basic roads with donor financing of construction and maintenance, thus retaining an under layer of subsidies for road building and maintenance, with private efficiency and perhaps competition built into the upper layer. 97. Senior officials of a rating agency feel that toll roads are particularly hard to forecast with respect to perspective traffic flows. Furthermore government actions greatly affect outcomes as well as policy decisions taken. For example Mexico requires that all of its toll roads are to be paralleled by non toll roads. This has obviously a great effect on potential revenues for concessionaires. 98. The Dulles toll road in the Washington suburbs defaulted soon after it first opened because of the difficulties of the kind mentioned above. The road was restructured and then the dot.com revolution occurred and the road even had to be widened. 99. Rules changed in China regarding toll roads and this has made such investments less attractive to outsiders. Studies of results of such investments are mixed but it is clear that there is a trend now for investors to resist toll roads and water projects. 100. Toll roads in Mexico often have had hard currency financing, with a provision that tolls collected in local currency are kept adjusted to the exchange rate. This type of finance is now no longer forthcoming. 43 101. Finally with regard to toll roads, these projects are not easy to finance. They require enormous capital and the whole thing has to be finished before there is any revenue flow. This may sharply limit investment potential. Airports 102. One airport investor believes that it takes about one to 1.5 million passengers before a privatization project for an airport is likely to succeed. Management requirements for a private cargo operation would be different. The firm is a partner in the ownership of a concession in Mexico, as well as investments in China, with smaller investments in Cambodia, Egypt, Cameroon, Guinea, and Madagascar. The firm is itself a state owned enterprise, although there is to be some move toward privatization in the next two years. There are about twenty to 30 players in the world market for airport privatization concessions. In the long run they are looking for fast growth possibilities may be in Asia so as to diversify away from Europe. 103. If China were to privatize extensively, they would be hard put to get the capital for this now. The firm would insist on control of any project it entered into even if it was a minority shareholder. In China they now own 9.9 percent of a major airport, but together with the management contract, they are able to advise and influence the management of the company. They have one man on the board of directors, and their auditors will have enough control to consolidate the accounts. They paid a premium to get this into their bid. 104. A main issue for this firm is the need for very clear rules on tariffs and rates and their regulation. In Mexico these things are written now, but there is a struggle every day regarding their interpretation. Indonesia negotiations collapsed after hard efforts because they couldn’t guarantee a regimen that was satisfactory to their firm even though their investment banker urged them on. This project therefore fell through, already before the Asian crisis. 105. Another airport investor, a partnership, seeks to manage, operate, and invest and tries to maintain a controlling interest in its airport projects; it has been able to do so with varying equity shares: 28%; 42.5%; 51%; and 80+%. Airport inve stments now under consideration include some in China and in India, where passenger flows are known and hard currency payments have been traditional in the past. 106. Other new investments currently being considered by a third airport investor include Kazakhstan, Budapest and Prague. They also think of China as offering a number of possibilities. But situations with more than 1 million passengers per year are all eligible for consideration and the firm can provide benefits from its wide experience. Consideration of new investments has typically cut off anything below about $1.6 million, including assets. 44 107. In assessing airport investments, this firm noted that 50 percent of airport revenue is not pure aviation revenue, but rather frills such as concessions for parking, food, and other services. For cargo operations to be attractive, low landing fees are required. Management fees have to cover costs and a success fee of some fifteen percent. Risk 108. Senior officials from a rating agency noted that investors take into account the limitations imposed by sovereign ratings. Their firm rates only three countries in Africa. Others, some of them even in default, could potentially be rated on special request. In some cases the question of hard currency accounting may present different risks than the overall sovereign rating; for example, Bolivia is a highly dollarised economy, which changes the risk situation there. 109. Project finance is separately rated by their firm, and in many cases can work out even in horrible risk situations, where countries are unstable, or poorly governed, or corrupt. Such projects may work especially if they are export projects involving a natural resource base. Some of the countries that are not rated have been in default since the nineteen sixties. 110. Among landlocked countries pipeline projects serving Chad are rated especially, even though the country itself has no sovereign rating. Otherwise the following landlocked countries are rated: Botswana, Bo livia, Paraguay, Kazakhstan and Mongolia. Among all the countries rated for sovereign risk in the world, only two are in default, Paraguay and Argentina. 111. For the equity component of an investment conventional ratings are important to investors. For a country to attract FDI inflows in general, a publicly traded debt market is typically required, although Bolivia may be an exception. 112. With respect to the risk of a high-rate-of-return investment in a difficult country economic situation, investors will need to assess a host of factors, including institutional risk, legal risk, and many other things that pose a danger. In recent times investments in water concessions have become problematical because of the high political risk associated with them. 113. As to sovereign risk, countries have a way of keeping their heads low so as to miss the radar of direct observations. Latin American countries especially understand this, a kind of politics of the street. 114. Finally, as to insurance cover for the risk of expropriation and devaluation, agencies like MIGA or OPIC face the difficulty of long investigation and not timely payments. The ability to properly evaluate subtle changes in laws and regulations that can have a great effect on the coverage of these types of insurance is a limitation that agencies are not structured to deal with effectively. 45 115. Senior officials of a large infrastructure firm note that it has been in Africa for 50 years, and this has shaped its whole investment behavior. They feel that they know Africa. They are still in Abidjan despite the recent fighting and they expect to stay, something that smaller investors might be reluctant to do. They can take a long view of returns on their investment since the negative situatio ns occur almost randomly over the continent and a large player like they are can absorb such short-term losses and make them up over time and from other parts of its operations as a whole. Thus risks are shared over time and on a continent wide basis. The firm is active in 40 countries and is especially prominent in West Africa. Some of its operations cut across four countries. With some 450 expatriates, the firm manages an empire of fifteen to 20,000 African people. 116. An airport investor noted that, as to political risk, they take out such insurance, but it takes a long time to collect. 117. A railroad investor noted that in their operations they haven’t used MIGA or OPIC so far. In Bolivia their revenues are all in dollars since their export traffic is mainly oil and soy both of which are sold in dollars on the international market. Imports are also paid in hard currency. Since most of their costs are in local currency while 90 to 95 percent of their revenue is in dollars this makes their exc hange risks quite low. In Mexico all revenues and costs are in pesos, while financing is borrowing in US dollars, so there’s an exchange risk on borrowing, since 60 percent of their financing is debt and 40 percent equity; since they have invested in Mexico, the sovereign health of the country has been good, even surprisingly so, so that they have been lucky on exchange rate risk. But of course the recent recession has brought about slower growth there. 118. An investor and concession advisor notes that the country risk on a London based risk premium is calculated in percentage terms. Bankers are a pain in that they look at high equity but leave out debt service payments every month. Countries want a fixed fee for the political risk, war and natural disaster insurance which can run from eighteen to 24 percent on equity. Investors like to use a twenty percent discount rate in their calculations, whereas governments have a different view and prefer eight or ten percent. 119. As to what risk cushions there might be, he noted that there is funding for investigations of risk from various country sources for example TDI in the U.S. Commerce Department supports such studies. The Views of an Investment Banker on Risk 120. A senior official in a large investment bank pointed out that institutional private sector investors are little involved in Africa or elsewhere in the developing world, and in general not in the landlocked countries. In reality no one will invest in emerging markets where there are no ratings and there is uncertainty and there are low per capita incomes. Such investments are unattractive unless guaranteed by a third party; a bank might lend, but they’d be lending because of the backing. 46 121. Oil and gas finance involves a commodity trading in dollars on international markets and such projects do command investors. 122. Is noteworthy however that Gasprom, the largest gas producer in the world, itself has difficulties in getting credits from investors. For example, the pipeline going through the Ukraine faces legal and political uncertainties. Even though they are very big, they have an investment rating of only BBB minus. 123. There is very, very little attention and investment by institutional investors in equity funds or debt for investment in the developing countries, although there are some specialized funds that attempt to nail down 20, 30 or even 50 percent rates of return anywhere. 124. The Shell corporation is in Nigeria. There are a range of companies and corporations that can do developing country investments because overall the amounts are such a small amount of their portfolio; at the same time they look for high rates of return such as 30 percent returns in Swaziland. But institutional investors and the markets are not available for this kind of investment. 125. For investors to be interested in a country, the legal and basic economics have to be in order and a modicum of a rating has to be in place and then the capital markets can be tapped for BOO and BOT operators. The financing is obtained and passed on to the concessionaire. And MIGA or the IFIs may bridge the gap. 126. The institutional private market has developed correct specialized terms for BOO and BOT which are acceptable to operators. Pretend you’re in a developed country, you are free to bid and there is little interference from government, say in building a road. You clear the system for changing terms to make the project work in a developing country. You make sure that there is a third party advising in the process. And given the role of the multilateral institutions in providing infrastructure in developing countries— here they go back to their roots—consider the possibility of there support or guarantees for your project. 127. His own firm wouldn’ t get involved on the equity or debt side (since most of the countries are HIPC countries). They are able to play a role when there are guarantees. For example, Credit Suisse arranged financing for the Chad oil pipeline; it was a multiphase project taking up to 20 years to complete. 128. In the right developing country set up, a well defined BOO or BOT project can work well. Again it requires that the legal system and the economic system are adequate. Chile has done well on roads given its strong framework. An African country failed on BOT because of corruption and other shortcomings. The strong hand of an outside adviser would help, he emphasizes. And yes private operating companies for railroad and roads, etc., are able to get some finance. The institutional private market is very difficult when it comes to providing debt and equity for developing countries. The IFC 47 and MIGA can be helpful. Route 5 in Chile received such support, and a Spanish company made a number of bids. Rates of Return 129. A railroad investor noted that to attract rail operators, payback periods cannot be more than four or five years; anything longer and you can’t go to a board of directors. 25 percent rate of return is needed; either that or no investment will be made. MaerskBollore seek that on all their investments in Africa. Incidentally, the Board of Sitarail wants compensation for the complete interruption of that railroad’s operations, he indicated. In Africa as to the safety of investments the rules are not clear. In fact, in Sitarail there was no corruption. The investors there may be out sooner or later but will come back. The Views of an Investment Banker on Rates of Return 130. The senior official noted that it is important to emphasize the huge disparity between the returns that are offered by the governments in concessions and what companies involved want the government to approve; the governments may be thinking in terms of an 8 % return for the companies, while the companies might be seeking 50 %, and 20 % might be agreed by the parties. 131. The object should be to get a better conception by developing countries on what acceptable terms should be. There’s a need to make small countries much more realistic in this regard. The Chilean projects may have been something like a 15 % return. But in other countries it might make sense for governments to grab 40 % or 30 % as appropriate, given the risks in their circumstances. 132. Always put such analyses into perspective. Always pay on time. As to operators wanting too much, operators have to put in context who has done what in the past and how this has brought benefits and how this is what the market deserves and demands and typically gets. Corruption 133. A large infrastructure and shipping company notes with regard to corruption that some countries are sound and corruption occurs in only limited areas. In freight forwarding his firm finds itself in competition with local companies that don’t pay taxes, and his firm therefore competes in quality of service and pays its taxes, and of course links its forwarding service to its own network of connections in shipping worldwide. 134. A senior official in a global infrastructure company stated that big companies can open doors, but they can’t fight governments very easily. His firm had a dispute which it took to the local high court. The court found for the government; most of the courts are corrupt and the process takes as much as ten years. There’s hope that in the end the Country’s Supreme Court, which is not corrupt, might finally render a favorable verdict. 48 135. A railroad investor notes that in general, he seeks to avoid politics. With regard to corruption his policy is simply, Don’t pay off! In a Latin American country under a threat of being shut down he simply continued to operate. Under newspaper pressure in a small European country, with charges of “a scandalously unsafe operation” he simply ignored the hidden attempt to extort a payment from him, and continued to operate. 136. And yet they see other indirect evidences of possible corruption; for example, in an African country, all their attempts to divert oil transport away from trucks to probably cheaper transport on their railroad have been quietly sidetracked without any clearly stated objection to such a more efficient traffic flow. 137. As to corruption, another railroad investor found purchasing corruption originally when they moved into a Latin American concession; this was fixed with the firing of a general manager six months after he took control. Most employees are not corrupt and are eager to go along with the establishment of a non-corruption culture. 138. He also noted that there are border crossing problems between two Latin American countries. While the governments are responsible for contraband such as illegal drugs there is no capacity to enforce this. Thus the railroad is itself under pressure to enforce such laws. In one case there was a false bill of lading on a shipment of sugar and 28 cars were impounded for a year when drugs were found instead. In passenger traffic, difficulties are even greater since contraband is moved in suitcases. More controls are needed and these are very expensive given that tickets are only $8.00 in the first place. The problem has such a long history, with people dependent on contraband as a source of income and often becoming violent if intercepted or denied passage—and police may be part of the problem as well. Management, Control and Expertise 139. A large infrastructure investor suggested that refinancing is a good time to see the real value of a project. In general, outside consultants for traffic studies and legal matters lead to better results, with investors themselves preparing the studies in their own areas of technical expertise, such as railroad management and operations. 140. A railroad investor said that in general, they look for expertise from consultants on particular subjects outside their own internal competences, for example an aluminum consultant, whereas railroads are their own expertise. On legal matters they normally look to a local legal firm. 141. In general they try to bid on a disciplined basis and are strict about their goals. When seeking new investments they want some sort of management control, at least 50/50 economic control—although they have not achieved the latter in one Latin American investment, they have effectively done so since 49 percent of the investment is a passive pension fund that is eager to earn proceeds from the operations. 49 ANNEX 1 -- BOXES BOX 1: Private Participation in Infrastructure Database (PPI) (Excerpted from the World Bank’s PPI database.) To track private infrastructure projects and their main features, the World Bank has developed the Private Participation in Infrastructure (PPI) Database. This database records contract and investment information for infrastructure projects, newly owned or managed by private companies, that reached financial closure after 1984 in energy (electricity and natural gas), telecommunications, transport, and water. The PPI database collects information from sponsors/operators, regulators, specialized magazines, and on-line databases on: project company, services provided, country location, type of contract and contract length, total project investment (including both the private and the public participation), financial closure date, project size, private sponsors, and technology/fuel type. Database Coverage • Projects that have reached financial closure and directly or indirectly serve the public. • Projects in energy (electricity and natural gas), telecommunications, transport, and water and sewerage. Small projects such as windmills and movable assets (buses/airplanes) are excluded. • Projects developed in low- and middle -income countries, as defined and classified by the World Bank. Definition of private participation: The private company must assume either operating risk during the operating period or development and operating risk during the contract period. A foreign state-owned company is considered a private entity. Projects that DO NOT meet private participation criteria include: supply and civil work contracts; technical assistance contracts; subcontracting or contracting out; turnkey contracts. Definition of Private Sponsor: Project sponsors are the private entities that take market and operation risk of the project. To be considered a private sponsor in the PPI database, the private entity should own at least a 15% stake in the infrastructure project, except for cases of highly diversified ownership. Definition of a project unit: A corporate entity created to operate infrastructure facilities is considered a project. When two or more physical facilities are operated by the corporate entity, all are considered as one project. Project Investment Investments and privatization revenues generally have been recorded on a commitment basis in the year of financial closure (for which data is typically readily available). Actual disbursement has not been tracked. Where divestitures and new investments are phased and data were available at financial closure, they are recorded in phases. The PPI database classifies private infrastructure project in four types: 1. Management and Operation (M&O) Contracts 2. M&O with Major Private Capital Expenditure (Concessions) 3. Greenfield Projects 4. Divestitures (For further details see: http://www.worldbank.org/privatesector/ppi/ppi_database.htm). BOX 2: Maputo Corridor Development Initiative (MDCI): THE N4 TOLL ROAD (Excerpted from the World Bank’s Mozambique Corridor website and from the PPI database.) The Maputo Development Corridor is one of the most ambitious initiatives within the Southern African region, stretching from near Gauteng (the Johannesburg-Pretoria province) in South Africa, to Maputo in Mozambique. The vision is to rehabilitate the core infrastructure, i.e., road, port and dredging, electricity and the border post within the Corridor, through public -private partnerships. The two states established a company called the Maputo Corridor Company that supports both the public and private sector to achieve the objectives of the MCDI. The need to upgrade the important road transport route from Witbank, near Pretoria, to Maputo was identified as a key element of the MCDI. The objective of both Governments to introduce private sector funding of the national road network has led to the development of the N4 Toll Road Project on a Build Operate and Transfer (BOT) basis. The Implementing Authority (a joint body set up by both Governments) issued the invitation to tender in March 1996, through the Department of Transport’s Chief Directorate: Roads in South Africa and the ANE (transport authority) in Mozambique. It required respondents to submit detailed proposals relating to technical, commercial, financial, empowerment and other aspects of the Project. Three short-listed consortia submitted initial bids in June 1996. Following a detailed process of evaluation, the Implementing Authority announced in August 1996 that TRAC had been selected as one of two consortia to enter into negotiations. Best and final offers were submitted on 13 November 1996. TRAC was announced as the preferred tenderer and was invited to negotiate the concession contract with the Implementing Authority on 5 December 1996. On the 5th May 1997, the Concession Contract for the Maputo Corridor Toll Road Project was signed between the Republic of Mozambique, the Republic of South Africa, the South African Roads Board and Trans African Concessions (Pty) Ltd (TRAC). The 30 year Concession Contract is for the design, construction, rehabilitation, financing, operation, maintenance and future expansion of a portion of National Route 4 from west of Witbank in South Africa to Maputo in Mozambique as a 503 km toll road, together with the construction of 5 toll plazas and other facilities along the route. Toll fees vary between the different plazas, and are dependant on the category of vehicle passing through. The initial tariffs were set jointly by the National Roads Agency, TRAC and its lenders and shareholders to the project; annual increases are based on CPI. The contract is worth R3bn (1996) over thirty years with a total of R1.5bn allocated over the initial three and a half years. TRAC was a joint venture between Bouygues' South African subsidiary Basil Read and the South African civil works company, Stocks & Stocks. Construction began in January 1998 with the rehabilitation and upgrading of existing road sections, and the construction of a new 36km section in Mozambique. The entire road was to be completed in 2001/2. TRAC obtained US$284 million in commercial debt financing for the eastbound section of the road in December 1997, arranged by Investec Bank and Nedcor. TRAC had a US$90 million RPI-linked bond due for issue in January 1998. The Development Bank of South Africa provided part of the financing. Total expected financing was US$426 million: 80% from bonds and 20% from equity. When fully complete, the Maputo Development Corridor was expected to shorten the distance between Gauteng and Maputo by 150km. A report by TRAC in March 2003 indicated that an R120-million investment in load control facilities for heavy vehicles on the N4 toll route has seen overloading on the route drop by over 30%. TRAC said that up to 20% of all trucks on the route had been guilty of overloading, causing serious damage to the road and posing a danger to other road users. This figure has dropped significantly since weigh bridges and load control facilities were constructed. The 17 load control stations—six permanent and 11 temporary—have been in operation since late last year, and represent a joint venture between TRAC, the Mpumalanga Provincial Authority and the South African National Roads Agency (SANRA). Load control stations along the route are equipped with apparatus that signals a warning 51 BOX 2: (continued) if an approaching vehicle appears to be overloaded; vehicles triggering the warning are pulled off the road by authorities manning the weigh bridges and checked. Vehicles are allowed a 5% discrepancy over legal load limits. The N4 Toll Road and its five Toll Plazas (T) are shown on the following map: The N4 Toll Road will also connect to the Bakwena Platinum Toll Highway, a 30 year privatization concession begun in 2001 involving a 390 kilometer road linking Pretoria to Botswana at Lobatse—and thus ultimately connecting the Trans Kalahari route from Walvis Bay to the Maputo Development Corridor into Mozambique. 52 BOX 3: The Abidjan-Ouagadougou Railway Concession—SITARAIL (Based on excerpts from a World Bank/ECA Africa Transport Technical Note by Brigitta Mitchell and Karim-Jacques Budin, SSATP Note No. 13, June 1998.) The Abidjan-Ouagadougou railway is a 1,260-km single track metric line constructed between 1905 and 1954 connecting the port of Abidjan in Côte d’Ivoire with Ouagadougou, the capital of Burkina Faso. From 1960 through 1989, the railway was managed and operated by a bi-national public enterprise, RAN. In 1989, for political reasons, RAN split into two separate state -owned companies. This separation exacerbated the inefficiencies in the provision of rail services and led to more shifts of long distance traffic to road transport; the financial situation deteriorated rapidly. In July 1992, the Governments of Côte d’Ivoire and Burkina Faso decided to reunify and privatize railway operations under a concession scheme. The World Bank and other donors established a dialogue with the two governments on the design and the conduct of the concessioning process. Following a call for bids, two offers were received, and in March 1993 the Governments of Côte d’Ivoire and Burkina awarded the railway concession to SITARAIL, a joint-stock company incorporated in Côte d’Ivoire. A strategic investor, SOFIB—controlled by SAGA and SDV, the two main freight-forwarders active in the region, in association with an Ivoirian investment group (SICC), Maersk (an international shipping line), railway engineering consultants SOFRERAIL and TRANSURB-CONSULT—held 51 percent of SITARAIL’s equity. Other SITARAIL shareholders are the States of Côte d’Ivoire and Burkina Faso (15 percent each—partly through public corporations) and SITARAIL staff (3 percent). Sixteen percent of the shares were due to be sold to local private investors on the Abidjan Stock Exchange. Two state-owned “railway landlord corporations,” SIPF and SOPAFER B were created. They administered railway infrastructure on behalf of the states, which retain their property. They also hold full ownership of railway equipment (locomotives, wagons, coaches, etc.) which they lease to SITARAIL. SITARAIL is technically and financially responsible for (a) the operation of freight and passenger services, including all equipment maintenance; (b) the maintenance of rail infrastructure and, in part, the renewal and adaptation of infrastructure; and (c) the current management of the real estate belonging to the railway domain. For commercial freight and passenger services, SITARAIL has the freedom to set service configuration and tariffs, in accordance with profitability criteria set by SITARAIL. The concession agreement reserves the governments’ right to grant access to rail infrastructure to “third party” operators after a seven-year exclusivity period. Third-party operators would then pay an infrastructure access fee, to be negotiated between SITARAIL and the operator (or to be decided through arbitration, if the parties cannot agree on the fee). The concession is a “rolling concession” with an initial duration of fifteen years. At the end of the first five-year period, and in five-year intervals thereafter, the concession can be extended by mutual agreement for additional five-year periods. The concession makes payments in three forms: an annual user fee as a percent of revenues; a rental fee for rail equipment; and debt service payments to service relevant rail rehabilitation loans made to the governments or to the private parties. Infrastructure investment programs are prepared by the concessionaire and submitted for technical and financial evaluation to the rail landlord corporations. The states mobilize investment debt financing, but SITARAIL bears the full cost of the debt service through the third component of the concession fee. Investment contracts are prepared and signed by the railway landlord corporations, who may also implement them. However, at the request of the donor community financing the initial rehabilitation program, implementation responsibility was transferred fully to SITARAIL. 53 BOX 3: (continued) The number of railway staff rehired by SITARAIL at the beginning of the concession (1,815 out of a total workforce of 3,470) was negotiated during the preparation of the concession agreement. Individual staff were freely selected by SITARAIL. The governments provided severance payments to redundant staff, in part through financing provided by the donor community under sectoral and structural adjustment credits. A monitoring committee comprised of representatives from the two governments, the rail landlord corporations, and SITARAIL examines all questions related to the execution of the concession agreement. Disputes related to the concession agreement between the governments and SITARAIL are subject to amicable arbitration. If the arbitration is not successful, the Ivoirian courts settle disputes. The first year of the concession saw misunderstandings and conflicts between the railway landlord corporations and the concessionaire about the ir respective attributions. These conflicts seriously delayed the implementation of the rehabilitation investment program. If the railway landlord corporations were assigned a major role in the implementation of future investment programs, as envisaged in the concession agreement, these difficulties would be likely to increase. In light of this experience, the Bank has advised other countries embarking on railway concessioning schemes against involving railway landlord corporations in the process. SITARAIL was widely considered to be a successful well run railway until the outbreak of hostilities in Cotes d’Ivoire in September 2002 which lead to the complete shutting down of the railway on November 7, 2002. 54 BOX 4: The Chad-Cameroon Petroleum Development and Pipeline Project (Excerpted from World Bank news releases.) On July 14, 2003 Chad joined the ranks of the world's oil producers with the first flow of oil from wells in the south of the country. The $3.7 billion project is a year ahead of schedule, according to Esso Explorations and Production Chad, Inc., the consortium drilling for oil in the Doba basin. The sponsors are ExxonMobil of the U.S. (the operator, with 40% of the private equity), Petronas of Malaysia (35%), and ChevronTexaco of the U.S. (25%). The first oil from the wells is expected to reach international markets via loading facilities off the coast of Cameroon around the end of 2003. Chad and Cameroon will benefit from oil revenues over a 25-year production period, in amounts totaling over US$1.8 billion (in royalties, dividends, and taxes) for Chad and over US$500 million (in transit fees, dividends, and taxes) for Cameroon. By 2004, the pipeline would increase government revenues by 4550 percent per year in Chad, where per capita income is $200 and illiteracy is over 50 percent. The Project involves: (a) development of Chad’s Doba oil fields; (b) construction of a buried pipeline (1,070 km in length, and 76 cm in diameter) from Doba to Cameroon’s Atlantic Coast near Kribi, related pumping stations, ancillary facilities, and infrastructure; and (c) installation of an offshore moored floating storage, offloading vessel 11km out to sea, associated marine pipelines, and related facilities. The project also entails environmental management plans in Chad and Cameroon, a resettlement and compensation plan in Chad, and a compensation plan as well as an Indigenous Peoples Plan in Cameroon. In addition, Chad will carry out, with IDA support, a revenue management program designed to target petroleum revenues to the key poverty-alleviation sectors: health, education, rural development, infrastructure, water resources, and environment, in a transparent manner. IDA is also supporting parallel capacity-building projects to assist Chad and Cameroon in managing the environmental aspects of the project, and strengthen Chad’s capacity to manage project revenues and the petroleum sector in general. Total project costs are estimated at about US$3.7 billion; US$1.5 billion for development of the oil fields in Chad (field facilities) and US$2.2 billion for the pipeline and marine facilities (the export system). The project’s private sponsors (led by ExxonMobil, the operator, Petronas, and Chevron) are financing about US$3.0 billion or 81% of the proje ct costs from their own resources including 100% of the field facilities. About US$600 million in debt financing for the export system has been obtained by the sponsors from export credit agencies and commercial banks. The World Bank Group is providing US$92.9 million in IBRD loans (US$39.5 million to Chad and US$53.4 million to Cameroon, amounting to about 3% of project costs), for financing the two Governments’ minority holdings in the joint-venture pipeline companies (TOTCO in Chad and COTCO in Cameroon). The World Bank’s private sector affiliate, the International Finance Corporation (IFC), is providing an A loan of US$100 million (US$85.5 million to COTCO and US$14.5 million to TOTCO), about 2.7% of the total debt, and has mobilized another US$100 million (for COTCO and TOTCO) in commercial lending under a B loan umbrella. Additional borrowing for the export system has been obtained from U.S. and French export credit agencies. The European Investment Bank (EIB) is providing US$41.5 million to finance Chad and Cameroon's equity in the two jointventure oil companies, TOTCO and COTCO (US$15 million and US$25.5 million, respectively). 55 BOX 5: The Bolivia-Brazil Natural Gas Pipeline Project (Excerpted from PPI database and World Bank news release.) In 1993, the Brazilian oil and gas company Petrobras, signed a natural gas sales agreement (GSA) with Yacimientos Petroliferos Fiscales Bolivianos (YFPB) which requires the construction of a 1,950 mile (3138km) natural gas pipeline from Santa Cruz in Bolivia through Sao Paulo to Porto Alegre in Brazil. The total cost of the project is estimated at $2,200 million, of which about $1.65 billion was to be spent in Brazil and about $450 million in Bolivia. The governments of Boliva and Brazil are public sponsors for the 20-year take-or-pay contract for phased construction of the line. The Brazilian side of the project is 60% owned by Petrobras and 20% by the consortium BTB which includes BHP, Tenneco Gas, British Gas, and several Brazilian investors. The remaining 20% of the project is owned by a Bolivian consortium in which YPFB owns 60% (or 12% of the Brazilian part of the project) and Enron Corp. owns the remaining 40% (or 8% of the Brazilian part). On the Bolivian side of the project, 51% is owned by YPFB and 34% belongs to Enron Corp. The remaining 15% is owned by Petrobras (11.25% of the Bolivian part of the project) and the BTB consortium (3.75% of the Bolivian part). Sociedade Privada de Gas (SPG) is the private company representing the partners in the Bolivian-Brazilian gas pipeline. Petrobras is responsible for overseeing and financing the lion’s share of the project on a turnkey basis. The contract called for a completion date of 15 December 1998 and Petrobras faced penalties of $100,000 per day if it failed to meet the dateline. The project has a comprehensive and detailed Environment Management Plan that includes an Indigenous Peoples Development Program prepared with the participation of all stakeholders. The IADB granted a US$ 240 million loan, while the IBRD provided a US$ 130 million loan, both in the end of 1997. CAF (the Andean Development Corporation) provided two loans to the concessionaire: US$ 215 million in the end of 1997 (US$ 100 million to finance the main pipeline in Brazil, US$ 30 million to finance the construction works in the section between Campinas and Guararema, and US$ 85 million to finance the main pipeline in Bolivia); and US$ 80 million in 1998 (additional funding for the main pipeline in the Brazilian side). Also in 1998, the EIB granted a US$ 60 million loan. The project finally reached financial closure in December 1998 and it started to operate in February 1999. The gas is being transported from Bolivia to Brazil by two separate national transport companies, Gas Trasnboliviano SA (GTB) and Transportadora Brasileira Gasoduto Bolivia Brazil SA (TBG). The private sector is directly involved in the project through British Gas, BHP Petrole um, and El Paso which own 25 percent of the equity of the Brazilian Company (TBG) that was created to transport the gas. The Bolivian transport company (GTB) is privately owned with Shell and ENRON as major stockholders. The World Bank’s Multilateral Investment Guarantee Agency (MIGA) signed a US $14.6 million guarantee contract in 1999 to provide insurance against political risk. In June 2000, BHP sold its shares in the Brazilian project company (TBG) to TotalFina and Petrobras for a profit of US$ 42 million. In Dec. 2000, the World Bank approved a US$ 180 million credit guarantee for a placement of notes in the US capital markets by the project company (TBG). This guarantee covers 100% of the amortizing principal repayment. 56 BOX 6: Examples of Private Participation Projects for Airports and Serving Landlocked Developing Countries (Extracts from PPI Database.) Zvartnots International Airport—Ar menia The government of Armenia awarded a 30-year concession contract for the operation of the international airport of Zvartnots to Aeropuertos Argentina 2000 in September 2001. The final agreement was signed in December 2001. According to the agreement, the Aeropuertos Argentina committed to invest around $50 million during the first five years of the concession contract. Investment commitments included the rehabilitation of the runway and improvement of airport equipment and air safety. Bolivia Airports Concession The concession agreement of 1996 runs for 25 years (until 11/21/2021) and includes the operation of three airports in Bolivia which combined handle 80% of the airports traffic (air-side and land-side operations, maintenance and management; expansion of passenger terminals, which will cost approximately US$ 100 million). The airports are: El Alto Airport (La Paz), Jorge Wilstermann Airport (Cochabamba) and Viru Viru Airport (Santa Cruz). The project company is headed by Airport Group International, whose shares are distributed as follows: Lockheed Air Terminal—30%; Soros Capital L.P.—30%; GE Capital—30%; remaining shares are held by DFS Group Ltd., SunAmerica and United Infrastructure Co. (joint venture of Bechtel and Kiewit). The expected revenues are US$ 20 million per year (20.8% will be held by the government as a lease fee). Djibouti Port Dubai Port Authority was awarded the contract to expand, rehabilitate and operate the Djibouti Port in June 2000, and it runs for 20 years. DPA intends to increase the port’s handling capacity from 125,000 to 300,000 with an investment program of US$ 50 million. The port has 15 berths and facilities to handle container traffic, general cargo, ro-ro, dry bulk and tankers. Iquique Port—Chile Iquique Terminal Internacional ITT, a joint-venture of Sudamericana Agencias Aereas y Maritimas (SAAM) (60%) and Dragados’ subsidiary Urbaser (40%), was awarded the contract to expand, rehabilitate and operate a terminal at the Port of Iquique. The contract has a duration of 20 years (extendable for another 10 years), and the sponsors committed to invest US$ 27 million during the first 5 years of the concession. The facilities have a capacity of 1 million tons, 10,000 square meters of storage place and 14 hectares for the port operations. ITT took over the operations of the port in July 2000. The company will pay a lease fee of US$ 9.5 per ton. Constantza Port—Romania In 1998, EBRD granted the Romanian-Cypriot company Silotrans (a joint venture of Romtrans S.A. and East Point Holding Ltd) an eight-year syndicated credit amounting to US$ 13 million for the development of a grain terminal in the Port of Constantza. The credit consists of US$ 8.0 million in an 8 year direct loan and US$5.0 million in an 8 year syndicated loan by Cyprus Popular Bank. The loans will be used for the construction of a sea-port grain terminal at the port of Constantza (on the west coast of the Black Sea), including bulk storage of 100,000 tons and facilities for handling road and rail freight, as well as loading and unloading systems for barges and ships. InterSystems Nebraska Inc. and Christianson Systems, Inc. is to supply the grain handling equipment (US$ 4 million). 57 BOX 7: Contrasts between English Common Law and Non-Anglophone Civil Law: An Example of a Basic Issue: Do International Instruments Prevail Over Domestic Legislation? (Excerpts from “Facilitation of Regional Transport and Trade in Sub-Saharan Africa: A Review of Legal Instruments,” by Jean Grosdidier de Matons, SSATP Working Paper No. 73, April 2003.) a. Ranking of Norms in Common Law English Law and the Incorporation Doctrine. The rule is that international law is part of the law of the land, meaning by that an absence of a priori preeminence of international law, i.e., treaties. When reviewing statutes at the light of a treaty, English law makes a distinction between statutes that are intended to bring a treaty or agreement into effect and other statutes. Where the provisions of a statute implementing a treaty are capable of more than one meaning, and if one interpretation is compatible with the terms of the treaty while others are not, legislation under review will be construed so as to avoid a conflict with international law, that is the treaty. But where the words of an existing statute are unambiguous, there is no choice but to apply them irrespective of any conflict with international agreements. The treaty, while incorporated to municipal law (the incorporation doctrine) does not automatically prevail. This is likely to be the rule in Anglophone sub-Sahara Africa. Given the well-established incorporation doctrine, references to duties under international law are therefore few in the constitutions of Anglophone States south of the Sahara. Article 40 of the Constitution of Ghana states that: “Government shall...promote respect for international law, [and] treaty obligations”... adhere to the principles enshrined in or as the case may be, the aims and ideals of the Charter of the United Nations, the Charter of the Organization of African Unity, . . . the Treaty of the Economic Community of West African States and any other international organization of which the Ghana is a member” This is a broad statement of policy rather than a specific rule of law that courts may use for guidance in interpreting statutes and treaties. A similar policy statement is to be found in Art. 14 of the 1975 Constitution of Angola whereby the State considers itself bound by the principles of the UN Charter and of the Charter of the OAU. US Law and the Last in Time Doctrine . U.S law is even stricter. Early efforts in constitutional history for making treaties paramount to acts of legislation did not prevail. Treaties and acts of legislation are on the same footing and in any case the Constitution prevails domestically as the supreme law of the land, even if it places the United States in violation of international law at international level. In case of direct conflict between a self-executing treaty and a legislative act or statute of Congress, the last in time prevails (the Last in Time doctrine). At any moment therefore, the position of a foreign party to a treaty with the United States, exposed to the Last in Time doctrine, may be very weak. b. Ranking of norms under civil law Treaties as Paramount in Civil Law. Civil law States, whose legal tradition has a strong influence on nonAnglophone sub-Saharan Africa, tend to consider international law as paramount to municipal law. According to the 1958 French Constitution: 1) treaties duly ratified and published operate as laws within the domestic system, and 2) the provisions of a particular treaty are superior to those of domestic laws, but only if this situation applies also as regards the other party or parties to the treaty (rule of reciprocity). French courts may also declare a statute inapplicable if it conflicts with an earlier treaty, a totally different approach from that resulting from the Last in Time doctrine, in fact prohibiting the legislature to issue a statute that would contradict a treaty. The Basic Law of the Federal Republic of Germany goes further by stating that the general rules 58 BOX 7: (continued) of public international law are an integral part of federal law, which goes beyond treaties and includes custom, a major source of international law. The treaty takes precedence over laws and directly creates rights and duties for the inhabitants of the German territory. In other terms, treaties are self-executing. Sub-Saharan Africa. Most constitutions of Francophone African States follow the civil law model, the wording being: Treaties and agreements ratified or approved in accordance with statutes on the matter, as soon as they are published, shall have an authority superior to that of laws, contingent upon the application by the other party, for such agreement or treaty. The rule is set forth in the Constitution of Benin (1990, at Art. 147), Burkina Faso (1991, at Art. 151), Cameroon (1996, at Art. 46), Central Africa Republic (1994, at Art. 69), Chad, (1996, Art. 222). Côte d’Ivoire (2000, Art. 88), Guinea (1990, Art 77 to 79), Mali (1992, Art. 116), Mauritania (1990, Art. 88), Niger (1996, Art. 121) and Senegal (2001, Art. 98). Yet it is missing in the Constitutions of Congo (1992), Gabon (1994), Madagascar (1991) as well as in civil law States such as Cape Verde, Sao Tome et Principe, and Guinea Bissau. Example. The influence of the civil law doctrine of paramount ranking of treaties is well illustrated by the instruments concerning the Union économique et monétaire de l’Afrique de l’Ouest (UEMOA-West Africa Economic and Monetary Union). The 1994 Dakar UEMOA Convention between eight Francophone States (see para. 353 and sq) stipulates a comprehensive regime, clearly owing much to the European Union system. (1) “instruments resulting from the Union or issued by the Union take precedence over any past, present or future national legislation. Partner States shall take all necessary measures to eliminate contradictions or overlapping of prior instruments, commitments or conventions entered into or acceded at, with third parties.” (Article 14 of the Convention). (2). “Regulations issued by UMEOA are directly enforceable in Partner States” (Article 43 of the Convention). In addition: (3) Directives indicate which results ought to be obtained and as such, are binding obligations for Partner States. (4) The implementation of UEMOA decisions by Partner States is compulsory. In UEMOA only recommendations and opinions are not directly enforceable. All instruments except recommendations are to be issued with motives. Writs of execution are issued and enforceable in accordance with domestic rules of civil procedure. 59 BOX 8: Some Possible Elements of a Transit Transport Framework Agreement Between Landlocked Developing Countries and their Transit Transport Neighbors in a Particular Sub-Region (Excerpted from “Central Asia’s Trade Links with the World,” UNDP/UNCTAD Project RER/95/001, Boxes 4 and 11.) The basic thrust behind the move toward a transit transport framework agreement is the recognition that transit transport cannot occur efficiently without agreement on a common set of rules among all the countries concerned. Without such agreement, there is often chaos. Transporters are forced to adjust to totally different practical and legal requirements in each country they pass through with repeated .and wasteful delays, inspections and formalities that make transportation a nightmare and result in astronomic costs. It is in everyone’s interest to avoid such anarchy. The subjects on which agreements are needed are multifold. A framework agreement can set forth the subjects on which agreements are to be reached, giving priority to items that must be decided first but putting in place an ongoing mechanism for continuing to improve conditions, and setting a time-frame for meeting higher standards of safety, security, and infrastructure quality from which all users will ultimately benefit. Thus a framework agreement might include: (a) provisions for freedom of transit, including non-discrimination against goods of any origin or destination, avoidance of unnecessary delays and exemption from any charges other than those to meet the administrative costs of transit; (b) designation of transit transport corridors, including rail, road, and inland waterways, and including provision of adequate frontier facilities and services (terminals, bordercrossing points. gauge interchange stations, ferry-link ports and navigational aids), and further including measures to expedite clearance of traffic, to ensure the safety of traffic in transit, to permit transport companies to establish offices in transit countries and to obtain multiple visa entry; (c) maritime ports and facilities to be provided for use of transit traffic: (d) general conditions for road transport, including use of appropriate traffic regulations, freedom to select the best means of transport, requirement for approval of any carriage of internal traffic by a transiting carrier, permission for carriers to remain in the transit country as long as necessary, provisions regarding road transport permits, technical requirements for vehicles, provision of fuel and lubricants, mutual recognition of driving permits and of certificates of roadworthiness. motor vehicle third party insurance provisions, and requirement of equal treatment of national and transit companies regarding charges and financial obligations; (e) general conditions for rail transport, including designated interchange stations at borders and arrangements for technical inspections: (f) general conditions for inland transport, including navigation aids, maximum loads, ship papers, vessel registration, and certificates of seaworthiness; (g) the contract of carnage of goods in transit, including consignment notes, passenger tickets, luggage registration, liability of the carrier, liability for delay, liability for personal injury, liability for loss or damage to luggage. compensation for loss of goods, combined responsibility of camera, and compensation for injury or death; (h) Customs control, including minimizing controls, joint inspections, and the establishment of a customs transit system; (i) documentation and procedures, including limit on number of documents and alignment and harmonization with international standards, (i) miscellaneous provisions, including special rules on transport of dangerous goods, agreement to establish a “Transit Transport Coordination Authority (‘ITCA)” with decision authority over disputes and authority to propose amendments to the agreement, and arrangements for arbitration of disputes. Northern Corridor Transit Agreement: Agreement An Example of a Regional Transit Transport Framework The experience of five Central and East African countries, served by the port of Mombasa, constituting the Northern Corridor region, illustrates the potential for viable regional arrangements, and has served as a model in many other cases. The Governments of Burundi, Kenya, Rwanda, Uganda and Zaire signed a “Northern Corridor Transit Agreement” on 19 February 1985, covering, inter-alia right of transit; maritime port facilities; transit routes and facilities; customs control; documentation and procedures; means of transport; facilities for transit employees; rates, charges and payment arrangements; and settlement of disputes. An annex to the Agreement covers the establishment of an authority to coordinate transit transport in the Northern Corridor, the “Transit Transport Coordination Authority.” Separate protocols provide much more detailed descriptions and agreements concerning: (a) maritime port facilities; (b) transit routes and facilities; (c) Customs control; (d) documentation and procedures; (e) transport by rail of goods in transit; (f) transport by road of goods in transit; (g) handling of dangerous goods; (h) facilities for transit agencies and employees; and (i) third party motor vehicle insurance. 60 BOX 9. The World Bank Group’s Foreign Investment Advisory Service (FIAS) (Extracts from FIAS web site, www.fias.net). The FIAS Program provides advice to governments on attracting FDI; it is one of the many practices and programs located in the Private Sector Advisory Services (PSAS) Department, a global product group jointly operated by the International Finance Corporation (IFC) and the World Bank. Since its founding in 1985, FIAS has assisted more than 120 countries—many of them on a continuing basis over the years. Its broad experience has helped it identify the essential attributes of a sound investment environment. Its staff tailors this knowledge to the circumstances of client countries to help them reach their potential for attracting foreign direct investment (FDI). FIAS works only at the request of governments, on topics identified by the government and agreed to by both parties. The Service offers much more than one-way advice and written reports: through interactive workshops and roundtable meetings that often include business executives and other stakeholders, it helps governments chart technically and politically practical paths to change. Experience suggests that much can be done to remove barriers, disincentives, and distortions that may discourage investment or divert it from efficient uses. Creating a stable, neutral, and efficient environment for business can bring in new investment and improve the productivity of existing investment(s). Higher levels of investment and productivity are key to stimulating growth in developing countries and raising living standards. An advisory project begins with a high-level request from a government, FIAS management's agreement to do the work, and mutual agreement on the terms of reference. Assignments typically take three to six months to complete. FIAS may communicate its recommendations in a written report or by other means, such as a workshop. Whatever the vehicle, FIAS delivers assistance in a timely, practical, and non-bureaucratic style. The advice that FIAS gives is confidential to its government clients, who are under no compulsion to accept that advice. This helps establish a relation of trust in which FIAS can provide a frank assessment of a country's strengths and weaknesses for attracting foreign investment. FIAS has a strong record of putting forth recommendations that client countries recognize as valuable —and act on. Reforms suggested by FIAS have contributed to the successes many of its client countries have achieved in attracting more foreign investment. The IFC and the World Bank contribute roughly 35 to 40 percent of the funding needed to cover FIAS's annual costs. The rest comes through donations from more than a dozen bi- and multilateral sources, and fees paid by the governments for which FIAS works. Eight common topics covered by FIAS assistance are shown below: Diagnostics. FIAS undertakes diagnostic studies to identify a country's main policy impediments to productive foreign direct investment. The issues typically identified include prohibitions on foreign investment in many sectors or locations; restrictions on the share of foreign ownership in the equity of domestic companies; difficult administrative approval processes; restrictions on repatriation of dividends and capital; taxes; the character and functioning of legal systems; and problems foreign firms have in gaining access to land and bringing in technical and managerial staff. Legal and Regulatory Environment. In any country, the rules of the game are critical to attracting worthwhile investments. FIAS can review a country's legal and regulatory environment and recommend measures in such areas as screening procedures, restrictions on the percentage of shares owned by foreigners, currency convertibility, access to land, and investment protection under national laws and international conventions. Administrative Barriers. One important tool FIAS has developed is its analysis of administrative barriers that snarl and slow both investment and subsequent production. These detailed flowcharts pinpointing problems have helped governments identify and eliminate counterproductive procedures, and streamline the necessary regulations that remain. FIAS has included a 'self-assessment' approach to reviewing administrative barriers to investment in client countries. Under this approach, a counterpart team in the Government will utilize FIAS-developed templates to collect the basic “institutional” information on administrative procedures for business establishment and operation in the country, following the existing norms and regulations. 61 BOX 9: (continued) Investment Incentives. In a competitive world, countries often grant benefits to entice investors. FIAS can analyze incentives to ensure they are competitive and cost effective. Investment Promotion. Effective investment promotion can influence investor decisions, and affect the amount and kind of investments a country receives. Efficient agencies are needed to attract FDI and help manage investment polic y. FIAS helps countries design promotion institutions, adapting models that have proven effective elsewhere. It also helps these agencies formulate promotion strategies that identify competitive advantages and target specific opportunities. Strategies can be conceived on national, regional, or sectoral levels. Building Linkages. The benefits of FDI are often enhanced by increasing business links with local companies. FIAS can help governments design programs that foster supply and other relationships between foreign-owned and domestic companies. Foreign Direct Investment Data Systems. Governments require accurate data about investment flows—for their own use, and to provide information to the marketplace. FIAS can help governments design non-intrusive systems for collecting data on direct investment, including measuring the impact of investments on such key variables as job creation and export growth. Multi-Agency Technical Assistance Program. The program aims to design and implement a coordinated effort among four international agencies (FIAS, UNCTAD, MIGA, and UNIDO) to promote FDI flows into least developed countries (LDCs) and to maximize the benefits generated by FDI, by strengthening the policy, legal, and institutional framework for investment and improving investment promotion capabilities in pilot countries. To assist LDCs attract a larger share of FDI, participating agencies extend a programme of advisory services and capacity-building activities, targeted to a selected group of LDCs (the init ial pilot countries are Cambodia, Mali, Mozambique, Tanzania, and Uganda). (For more general information about FIAS, send an e-mail to [email protected].) 62 BOX 10. The World Bank Group’s Support for Private Participation in Infrastructure (Excerpted from World Bank web site.) The World Bank Group supports Private Participation in Infrastructure (PPI) in five main ways -- advice, finance, risk mitigation, sharing knowledge and information, and dispute settlement: Advice. All members of the World Bank Group offer advisory services to member governments, including to facilitate PPI. Building sound public policy to stimulate private sector-led development poses major challenges for all governments, but especially for those in developing countries. To help respond to these challenges, the World Bank Group in 2000 created Private Sector Advisory Services from the International Finance Corporation’s (IFC) Corporate Financial Services, the World Bank’s central private sector development staff, and the joint IFC-World Bank Foreign Investment Advisory Service—fielding a team of nearly 100 staff with substantial experience in providing pioneering policy and transaction advice to developing country governments. Now working in more than 100 countries, Private Sector Advisory Services provides assistance in three related areas: a) Policy, regulatory, and institutional reforms to foster a sound investment climate; b) Policy, regulatory, and institutional reforms to improve public services through private sector involvement; c)Transaction design and implementation assistance for complex privatizations. For more information, download the Private Sector Advisory Services brochure (PDF 110KB). (See also BOX 14 on FIAS and BOX 11 on PPIAF). Finance. The World Bank can lend to member governments and other entities that enjoy a government guarantee. The Bank’s lending activities to help member governments define and implement their PPI agendas has grown sharply in recently years. The International Finance Corporation can participate directly in private infrastructure projects through loans or equity, without the need for a government guarantee. Risk Mitigation. Several members of the World Bank Group, including the Project Finance and Guarantees Group and the Multilateral Investment Guarantee Agency, offer risk mitigation products that can be particularly relevant to PPI in developing and transforming economies. Sharing Knowledge and Information. PPI is a new concept in many countries. Member governments have a growing need for knowledge and information on best practices in many issues associated with PPI. The Bank Group, increasingly in partnership with other institutions, is responding to this need through the compilation and dissemination of emerging notions of best practice in various forms, including publications, training, toolkits and the Rapid Response helpdesk. Dispute Settlement. Long term contractual and/or regulatory arrangements of the kind that typically underpin private infrastructure arrangements can sometimes give rise to differences between investors and host governments. The International Center for the Settlement of Investment Disputes (ICSID), a member of the World Bank Group, offers specialized dispute settlement services to assist in this area. 63 BOX 11: Public-Private Infrastructure Advisory Facility—PPIAF (Excerpted from the PPIAF web site) The Public -Private Infrastructure Advisory Facility (PPIAF) is a multidonor technical assistance facility aimed at helping developing countries improve the quality of their infrastructure through private sector involvement. Launched in July 1999, PPIAF was developed at the joint initiative of the governments of Japan and the United Kingdom, working closely with the World Bank. PPIAF is owned and directed by participating donors, which include bilateral and multilateral development agencies and international financial institutions. PPIAF was built on the World Bank Group’s Infra-structure Action Program and has been designed to reinforce the actions of all participating donors. PPIAF is governed by a Program Council comprising representatives of participating donors and is managed by a small Program Management Unit, which arranges for the delivery of PPIAF-funded activities by others. PPIAF is thus a funding, coordination and program management mechanism, rather than an advisory services unit. PPIAF pursues its mission through two main mechanisms: • Channeling technical assistance to governments in developing countries on strategies and measures to tap the full potential of private involvement in infrastructure. • Identifying, disseminating, and promoting best practices on matters related to private involvement in infrastructure in developing countries. PPIAF can finance a range of country-specific and multi-country advisory and related activities in the following areas: • Framing infrastructure development strategies to take full advantage of the potential for private involvement. • Building consensus for appropriate policy, regulatory, and institutional reforms. • Designing and implementing specific policy, regulatory, and institutional reforms. • Supporting the design and implementation of pioneering projects and transactions. • Building government capacity in the design and execution of private infrastructure arrangements and in the regulation of private service providers. PPIAF assistance can facilitate private involvement in the financing, ownership, operation, rehabilitation, maintenance, or management of eligible infrastructure services. Eligible infrastructure services comprise roads, ports, airports, railways, electricity, telecommunications, solid waste, water and sewerage, and gas transmission and distribution. 64 BOX 12. TRACECA, a European Union Funded Technical Assistance Program to Develop a Europe, Black Sea, Caspian Sea Transport Corridor to Central Asia. (Excerpted from the TRACECA web site.) TRACECA—Transport Corridor Europe Caucasus Asia: The TRACECA Programme was launched at a conference in Brussels in May 1993 which brought together trade and transport ministers from the original eight TRACECA countries (five Central Asian republics and three Caucasian republics), where it was agreed to implement a programme of European Union (EU) funded technical assistance (TA) to develop a transport corridor on a west - east axis from Europe, across the Black Sea, through the Caucasus and the Caspian Sea to Central Asia. The EU offers this programme as an additional route that would complement other routes. The project corresponds to the global EU strategy towards these countries and retains the following objectives: • • • • To support the political and economic independence of the republics by enhancing their capacity to access European and World markets through alternative transport routes To encourage further regional co-operation among the partner states To increasingly use TRACECA as a catalyst to attract the support of International Financial Institutions (IFIs) and private investors To link the TRACECA route with the Tran -European Networks (TENs) To date the TRACECA programme has financed 39 Technical Assistance projects (57,405,000 EURO) and 14 investment projects for the rehabilitation of infrastructure (52,300,000 EURO). The leaders of the partner states consider that the TRACECA route is of strategic importance, by assuring them of an alternative transport link to Europe. TRACECA stimulates competition between and with their previously exclusive route to the north, and newer alternative routes to the south. Furthermore, it is seen as complementary to their renewed commercial exchanges with the Far East, evoking the possibility of the ancient Silk Route becoming once again a major trade corridor. The TRACECA programme has resulted in closer co-operation and dialogue among government authorities, which has led to agreements to keep transit fees at competitive levels, and efforts to simplify border crossing formalities. There have also been agreements to ship large volumes of cargo along the TRACECA corridor, recognising that this route is the shortest and potentially the fastest and cheapest route from Central Asia to deep-water ports linked with world markets. The technical assistance provided through TRACECA has helped to attract large investments from the IFIs, that include the European Bank for Reconstruction and Development (EBRD) who have made a number of commitments for capital projects on ports, railways and roads along the TRACECA route totaling over 700 M EURO, the World Bank (WB) who have made commitments for new capital projects on roads in Armenia and Georgia totaling over USD 40 million, and the Asian Development Bank (ADB) who have committed substantial funds to road and railway improvements. In addition, EU private investors are engaging in joint ventures with Caucasian and Central Asian transport companies. The EU is supporting the programme with other EC projects to further enhance regional co-operation and economic sustainability in the region such as the Southern Ring Air Routes project and the Oil and Gas Pipeline project (INOGATE). Several projects have addressed the need to introduce changes in the institutional environment in which the transport systems operate. In particular two proje cts have been launched to assist in the restructuring of the railways in all TRACECA countries. These recommended new organizational structures and business plans to enable the railway enterprises to run, maintain, and modernize their essential asset bases. They continue to influence the ongoing transformations taking place. In general, practically all projects related to modernization of equipment or infrastructure also address the need for institutional reform. For example, assistance is provided to procure new equipment or infrastructure services by competitive tendering. This implies separation of pre-existing FSU monolithic institutions into client and supplier entities. It represents a considerable evolutionary step for the 65 BOX 12: (continued) transport sector, within the framework of reorientation of national economies towards free market principles. Whereas much progress has been made already and these principles are generally accepted, considerable work remains to be done in detailed implementation. Long distance road activity in TRACECA countries is dominated by Iran and Turkey in the Caucasus and parts of Central Asia and by Russian and European companies in the north. Only Uzbekistan has any reasonable sized road fleets with modern high capacity equipment, but these are mainly state owned. Entrepreneurs wishing to enter this sector cannot obtain adequate financing partially due to ignorance of the procedures and formats for presenting their credentials. Several TRACECA TA projects have recommended amending legislation to allow for the expansion of private operators in the domestic market and to move away from a mostly state owned business base. This should encourage expansion into the international market, and foster increased competition. It is recommended that there should not be legislation that protects national carriers from competition when engaged in international work. There may be the need to offer tax incentives to encourage smaller companies to expand and government encouragement to enable joint ventures to thrive. The regulations and legislation that exist still reflect the former command economy of the FSU and it will take time to deregulate the legislation and introduce laws that create an environment that allows development of the transport infrastructure. TRACECA projects have recommended to gradually phase out all regulatory aspects that limit free competition in the market and to end support for state owned fleets. Legislation should concentrate on safety and operational standards. 66 BOX 13: USTDA Funding for Project Evaluation and Feasibility Studies (Excerpted from USTDA website) The U.S. Trade and Development Agency (USTDA) advances economic development and U.S. commercial interests in developing and middle income countries. The agency funds various forms of technical assistance, feasibility studies, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair and open trading environment. All USTDA activities are carried out by U.S. firms. [The following is a partial summary of some of the activities that USTDA funds:] Definitional Missions and Desk Studies. Before USTDA provides specific grant assistance, it requires independent evaluation of the proposal. Desk studies complete quick analysis and are conducted in the United States. By contrast, definitional missions provide a more detailed evaluation and involve traveling to the host country in question. Technical Assistance. USTDA funds technical assistance to project sponsors related to the evaluation or implementation of projects. In some instances, USTDA also offers funding to foreign governments for technical assistance that supports capacity building initiatives and the implementation of trade agreements that may lead to increased U.S. exports. Feasibility Studies. Feasibility studies evaluate the technical, financial, legal, and economic aspects of a development project in the pre-investment stage. USTDA-funded feasibility studies also advise proje ct sponsors of specific U.S. equipment and services. This information may lead to U.S. exports. Relationships with Financing Institutions. USTDA maintains trust funds at four multilateral development banks (MDBs): the International Finance Corporation, the European Bank for Reconstruction and Development, the InterAmerican Development Bank and its private sector arm, and the Inter-American Investment Corporation. These funds can be used for technical assistance or feasibility studies. Most are known as "Evergreen Funds." USTDA maintains a minimum balance that is available for funding project proposals by U.S. firms or to help U.S. businesses take advantage of time-sensitive projects. Since MDBs finance many of the capital projects in the developing world, USTDA's close relationship with these institutions, as well as the African Development Bank and the Asian Development Bank, is advantageous for the U.S. business community. In addition to the valuable project information that is gained through the MDBs (which USTDA passes on to American firms), working on bank projects ensures that a potential funding source has been identified. Cost Sharing and Success Fees. Costs associated with feasibility studies involving private sector projects are shared between USTDA and the U.S. firm developing the project. Cost sharing may also be requested on certain public sector projects. In private sector projects, co-production agreements, and other appropriate situations, USTDA has adopted a policy that requires reimbursement of the agency's investment in the project. This "success fee" is collected when the project is implemented and the U.S. firm involved in the study obtains a "significant economic benefit." 67 BOX 14: MIGA’s Political Risk Guarantees (Excerpted from MIGA website) MIGA provides investment guarantees against certain non-commercial risks (i.e., political risk insurance) to eligible foreign investors for qualified investments in developing member countries. MIGA offers coverage against the following types of political risks: Transfer Restriction. Protects against losses arising from an investor's inability to convert local currency (capital, interest, principal, profits, royalties and other remittances) into foreign exchange for transfer outside the host country. The coverage insures against excessive delays in acquiring foreign exchange caused by host government action or failure to act, by adverse changes in exchange control laws or regulations, and by deterioration in conditions governing the conversion and transfer of local currency. Currency devaluation is not covered. On receipt of the blocked local currency from an investor, MIGA pays compensation in the currency of its Contract of Guarantee. Expropriation. Protects against loss of the insured investment as a result of acts by the host government that may reduce or eliminate ownership of, control over, or rights to the insured investment. In addition to outright nationalization and confiscation, "creeping" expropriation--a series of acts that, over time, have an expropriatory effect--is also covered. Coverage is available on a limited basis for partial expropriation (e.g., confiscation of funds or tangible assets). Bona fide, non-discriminatory measures by the host government in the exercise of legitimate regulatory authority are not covered. For total expropriation of equity investments, MIGA pays the net book value of the insured investment. For expropriation of funds, MIGA pays the insured portion of the blocked funds. For loans and loan guaranties, MIGA insures the outstanding principal and any accrued and unpaid interest. Compensation will be paid upon assignment of the investor's interest in the expropriated investment (e.g., equity shares or interest in a loan agreement) to MIGA. Breach of Contract. Protects against losses arising from the host government's breach or repudiation of a contract with the investor. In the event of an alleged breach or repudiation, the investor must be able to invoke a dispute resolution mechanism (e.g., an arbitration) in the underlying contract and obtain an award for damages. If, after a specified period of time, the investor has not received payment or if the dispute resolution mechanism fails to function because of actions taken by the host government, MIGA will pay compensation. MIGA may make a provisional payment pending the outcome of the dispute resolution mechanism. War and Civil Disturbance. Protects against loss from damage to, or the destruction or disappearance of, tangible assets caused by politically-motivated acts of war or civil disturbance in the host country, including revolution, insurrection, coups d'état, sabotage, and terrorism. Qualified investments: MIGA insures new cross-border investments originating in any MIGA member country, destined for any other developing member country. New investment contributions associated with the expansion, modernization, or financial restructuring of existing projects are also eligible, as are acquisitions that involve the privatization of state-owned enterprises. Other investments may be eligible and are considered on a case-by-case basis. Types of foreign investments that can be covered include equity, shareholder loans, and shareholder loan guaranties, provided the loans have a minimum maturity of three years. Loans to unrelated borrowers can be insured, provided a shareholder investment in the project is insured concurrently or has already been insured. Other forms of investment, such as technical assistance and management contracts, and franchising and licensing agreements, may also be eligible for coverage. Terms: Investors may choose any combination of the four types of coverage. Equity investments can be covered up to 90 percent, and debt up to 95 percent, with coverages typically available for up to 15 years, and in some cases, for up to 20. MIGA may insure up to $200 million, and if necessary more can be arranged through syndication of insurance. Pricing is determined on the basis of both country and project risk, with the effective price varying depending on the type of investment and industry sector. The investor has the option to cancel a policy after three years, however MIGA may not cancel the coverage. 68 BOX 15: World Bank Guarantee Instruments (Excerpted from the Project Finance and Guarantees Group web site) The World Bank's Guarantee instrument was formally mainstreamed in 1994 to address the growing need to offer political risk mitigation products to commercial lenders contemplating financial investment in the infrastructure sectors of developing countries. The Bank's fundamental objective in offering guarantees is to mobilize private capital for such projects on a "lender of last resort" basis.. The Bank currently offers commercial lenders a variety of guarantee products, namely: IBRD Guarantees (including Partial Risk Guarantees, Partial Credit Guarantees, Enclave Guarantees, and Policy Based Guarantees) and IDA Partial Risk Guarantees. While all guarantees share the characteristic of providing coverage against debt service defaults arising from sovereign risk events, each guarantee issued is tailored to match the specific needs of an individual transaction. IBRD Guarantees. Bank guarantees that are offered by IBRD are called IBRD Guarantees. In most cases these are for IBRD eligible countries only with the exception of certain foreign exchange earnings projects where an IBRD guarantee is provided in an IDA country. IBRD guarantees can be both Partial Risk and Partial Credit in nature. Governments, government-owned entities, and privatized or private sector entities are all eligible to receive credit enhancement under the Bank's guarantee. IBRD Partial Risk Guarantees. Partial Risk Guarantees ensure payment in the case of debt service default resulting from the nonperformance of contractual obligations undertaken by governments or their agencies in private sector projects. Sovereign contractual obligations vary depending on project, sector and country circumstances. The principal categories of risks covered by the guarantee are: Breach of Contract; Availability and Convertibility of Foreign Exchange; Changes in Law; and Expropriation and nationalization. IBRD Partial Credit Guarantees. Partial Credit Guarantees cover all events of nonpayment for a designated part of a financing. While historically these guarantees have been used to encourage extension of maturity by covering a part of a financing, usually the later maturities, different structures could be applied as follows: Principal cover for a bullet maturity; Single rolling coupon and principal cover for bullet maturity; Rolling zero-coupon; and Amortizing syndicated loan. IBRD Enclave Guarantees. IBRD Enclave Guarantees are partial risk guarantees structured for export oriented foreign exchange generating commercial projects in IDA-only countries. In this regard, IBRD would consider providing non-accelerable guarantees to such projects provided adequate arrangements are in place to ensure that the host government will be able to meet its obligations to IBRD with respect to the IBRD's guarantee. The guarantee will usually cover direct sovereign risks such as expropriation, changes in law, war, and civil strife. The Bank generally will not guarantee any payment obligations (such as those of an output purchaser), nor will it guarantee transfer risk. In all cases the scope of risk coverage under the guarantee would be the minimum required to mobilize financing for a given project. IBRD Policy Based Guarantees. The Policy Based Guarantees extend the Bank's existing partial credit guarantee instrument beyond investment projects to sovereign borrowings in support of structural and social policies and reforms. Policy Based Guarantees are expected to play a catalytic role in helping Bank borrowers with strong economic and social programs improve their access to private foreign financing. Initially, the Bank will proceed with a $2 billion pilot program of policy based guarantees to test the instrument and gain experience. Such guarantees would usually cover a portion of debt service on a borrowing (loans or bonds) by an eligible member country from private foreign creditors in support of agreed structural, institutional, and social policies and reform. While the actual structure would be determined on case by case basis, the guarantee could be self-standing or part of a larger package of IBRD financial support. 69 BOX 15: (continued) IDA Partial Risk Guarantees. In many IDA-only countries, macroeconomic reforms have led to an improved business environment suitable for increased private sector participation, especially in sectors undergoing significant reforms. To ease the transition of those countries which are clearly on the path of reform, IDA offers partial risk guarantees on a pilot basis to private lenders against country risks that are beyond the control of investors and where the official agencies and the private market currently offer insufficient insurance coverage. In terms of project eligibility, IDA guarantees are available in selective cases in IDA-only countries where an IBRD Enclave guarantee is not applicable. The IDA Guarantee could cover up to 100% of the principal and interest of a private debt tranche for defaults arising from specified sovereign risks including government breach of contract, foreign currency convertibility risk, expropriation, and changes in law. Within the Bank Group, the IFC and MIGA are the preferred sources of support to the private sector. As such, when private sector projects are brought to the Bank for possible guarantee support Bank staff consult with IFC and MIGA as soon as possible as to their potential interest in financing the project. IFC supports private sector projects in several ways: through equity and debt financing, the syndicated B-Loan program, security placement and underwriting, and advisory services. MIGA provides political risk insurance primarily for equity but it can also cover debt financing. Outside the Bank group other multilateral agencies which offer guarantees similar to the Bank's include: The InterAmerican Development Bank; the Asian Development Bank; and the European Bank for Reconstruction and Development. Some bilateral agencies also can provide guarantees similar to the Bank's such as the Export Import Bank. The Bank can make guarantees jointly with these agencies. In these instances, Bank staff ensure close cooperation in all aspects of the operation, both vis-à-vis the private sponsor and lenders, and also with respect to the host government which may be obliged to provide each institution a counter-guarantee, if required by the relevant institution. 70 BOX 16: IFC Financial Products site.) (Excerpted from IFC web IFC offers a wide variety of financial products to private sector projects in developing countries. IFC offers: Loans for IFC's own account: A-loans; Equity Finance; Quasi-Equity Finance: C-loans; Syndicated Loans: B-loans; Partial Credit Guarantees; Risk Management Products; and Intermediary Finance. Loans for IFC's Own Account: A-loans. IFC offers fixed and variable rate loans for its own account to private sector projects in developing countries. These loans for IFC's own account are called A-loans. Most A-loans are issued in leading currencies, but local currency loans can also be provided. The loans typically have maturities of 7 to 12 years at origination. Grace periods and repayment schedules are determined on a case-by-case basis in accordance with the borrower's cash flow needs. If warranted by the project, IFC provides longer-term loans and longer grace periods. Some loans have been extended to as long as 20 years. IFC operates on a commercial basis. It invests exclusively in for-profit projects and charges market rates for its products and services. Loans from IFC finance both greenfield companies and expansion projects in developing countries. The Corporation also make loans to intermediary banks, leasing companies, and other financial institutions through credit-lines for further on-lending. The credit lines are often targeted at small and medium enterprises or at specific sectors. To ensure the partic ipation of other private investors, A-loans are usually limited to 25% of the total estimated project costs for greenfield projects, or, on an exceptional basis, 35% in small projects. For expansion projects IFC may provide up to 50% of the project cost, provided its investments do not exceed 25% of the total capitalization of the project company. Generally, A-loans range from US$1 million to US$100 million. The Corporation is willing to extend loans that are repaid only from the cash flow of the project, without recourse or with only limited recourse to the sponsors. Equity Financing. IFC takes equity stakes in private sector companies and other entities such as financial institutions, and portfolio and investment funds in developing countries. IFC is a long-term investor and usually maintains equity investments for a period of 8 to 15 years. When the time comes to sell, IFC prefers to exit by selling its shares through the domestic stock market in a way that will benefit the enterprise, often in a public offering. To ensure the participation of other private investors, the Corporation generally subscribes to between 5% and 15% of a project's equity. IFC is never the largest shareholder in a project and will normally not hold more than a 35% stake. IFC's equity investments are based on project needs and anticipated returns. The Corporation does not take an active role in company management. IFC risks its own capital and does not accept government guarantees. However, to meet national ownership requirements, IFC shareholdings can be treated as domestic capital or local shares. Quasi-Equity Financing: C-loans. IFC offers a full range of quasi-equity products with both debt and equity characteristics to private sector projects in developing countries. These products are called C-loans. Among other instruments, the Corporation provides convertible debt and subordinated loan investments, which impose a fixed repayment schedule. It also offers preferred stock and income note investments, which require a less rigid repayment schedule. Quasi-equity investments are made available whenever necessary, to ensure that a project is soundly funded. Syndicated Loans: The B-loan program. Mobilizing funds for private sector projects in developing countries from other investors and lenders is one of IFC's most essential functions. The Corporation actively seeks partners for joint ventures and raises additional finance by encouraging other institutions to make investments in IFC projects. The cornerstone of IFC's finance mobilization efforts is the loan participation program. The program arranges syndicated loans from commercial banks, providing additional financing to IFC-financed projects in developing countries. In the syndicated loans, also 71 BOX 16: (continued) called B-loans, participating banks provide their own funds and take their own commercial risk, while IFC remains the lender of record. Advantages for Participating Banks. The program has been extremely successful and provides a number of advantages for commercial banks, which receive the same treatment from the project sponsors and host government as IFC, including immunity from taxation. The participating banks also enjoy the preferred access to foreign exchange that IFC derives as a multilateral development institution. No IFC loan, including portions taken by participants, has ever been included in a country's general external debt rescheduling. Because of these factors, banking regulators in a number of countries grant exemptions from country-risk provisioning requirements for participation in IFC's B loans. Advantages for Projects in Developing Countries. This financing mechanism has proved effective in countries experiencing foreign exchange problems, often helping clients gain access to international capital markets for the first time. The participation program enables IFC to help finance projects for which it would otherwise have been impossible to raise loan financing. Partial Credit Guarantees. IFC offers credit enhancement structures for debt instruments, (bonds or loans) in the form of partial credit guarantees. These structures allow IFC to use its triple -A credit rating to help clients diversify their funding sources, extend maturities, and obtain financing in their currency of choice, including local currency. A partial credit guarantee covers creditors irrespective of the cause of default. However, the amount that IFC pays out under the guarantee is capped at an agreed upon amount, for example 40 percent of the initial principal, or one year of debt service. (For an example of how a guarantee capped at an agreed upon amount would pay out in various scenarios, click here). The guarantee amount may vary over the life of the transaction and may be used to cover any debt-servicing shortfall that occurs. Structuring Guarantees. Each guarantee is tailored to meet the needs of both the borrower and the targeted creditors (investors or lenders). IFC structures the guarantee to reduce the probability of default of the debt instrument and increase the recovery if default occurs. The guaranteed amount may vary over the life of the debt instrument, based on the borrower's expected cash flows and creditors' concerns Risk Management Products and Services. IFC offers a wide variety of risk management products to private sector projects in developing countries, including, Currency and Interest Rate Products, Risk Management Facilities. IFC is one of the few organizations prepared to extend long-maturity risk management products to clients in developing countries. The Corporation's risk management products, or derivatives, are available to clients solely for hedging purposes. By allowing private sector clients in developing countries to access the international derivatives markets in order to hedge currency, interest rate, or commodity price exposure, IFC enables companies to enhance their creditworthiness and improve their profitability. Investments in Financial Intermediaries. A large chunk of IFC financing is channeled to private sector projects in developing countries through a wide variety of financial intermediaries. Working through intermediaries allows IFC to extend its long-term finance to more companies, in particular to small and medium sized enterprises (SMEs) and microfinance entrepreneurs. In many regions of the world, small private companies are the principal engines of economic growth and employment creation. But micro, small and medium sized investments carry high transaction costs, limiting smaller companies' access to long-term finance. By working with local or specialized financial institutions, IFC finance can reach these businesses. 72 BOX 17: Unsolicited Proposals (Excerpted from Notes of the Private Sector and Infrastructure Network of the World Bank Group, Note 257 by John Hodges, March 2003, and Note by John Hodges and Tim Irwin, April 2003.) Governments worldwide have increasingly looked to the private sector to fill the growing gap between the demand for infrastructure services and their supply. In developing countries infrastructure projects with private participation increased dramatically in the past decade, attracting more than US$750 billion in committed new investment in 1990–2001. Many governments began awarding infrastructure projects to private firms in large part because of public funding constraints, but some also recognized that involving the private sector could improve the performance of infrastructure. In some cases private companies even initia ted the process by suggesting project concepts through unsolicited proposals, often including detailed construction, operation, maintenance, and financing plans. Among the many countries whose governments award infrastructure projects with private participation, a few have laws prohibiting the acceptance of unsolicited proposals. A few others have laws requiring that unsolicited proposals be thoroughly reviewed and market-tested before being approved. The vast majority of countries, however, have no formal policies for handling unsolicited proposals. In theory, permitting unsolicited proposals should encourage the private sector to bring governments beneficial ideas for project development that might otherwise have been overlooked. In practice, some governments’ experiences with unsolicited proposals have been unfavorable. Many of the world’s most controversial private infrastructure projects originated as unsolicited proposals, such as the Dabhol Power Plant in India and many independent power generation plants in Indonesia. In some countries private companies submitting unsolicited proposals often did so in an attempt to avoid a competitive process to determine the project developer. If successful, they were then able to finalize project details with the government through exclusive negotiations behind closed doors. The many negative experiences with unsolicited proposals for private infrastructure projects may lead some governments to see blanket refusals as the only way to safeguard against potentia l problems with corruption and lack of transparency. Naturally, governments should be especially wary of unsolicited proposals requiring substantial support (such as government guarantees or land grants). Many private companies are well positioned to recognize potential demand for infrastructure, however, and governments may want to encourage such companies to submit project ideas. The main challenge for a government then is how to harness and promote private participation during the conceptualization of a project without losing the transparency and efficiency gains of a well conceived competitive tender process. Private proponents often claim that the unique characteristics of their unsolicited proposals dictate the need to sole source and negotiate proje ct details. Typical arguments are that: 1) The project developer has intellectual property rights to the project concept or to necessary engineering technologies; 2) The project is too small, is too remote, or involves too much political risk to attract private sector interest; 3) Organizing a public tender may not be cost efficient for the government or the bidders; and 4) The project will be developed more rapidly through negotiations, an important factor because of an emergency or widespread shortage. Governments should not accept these arguments. But most governments still have no formal process for handling unsolicited proposals and this needs to change. They have three basic options. First, to simply adopt a law prohibiting unsolicited projects—and some countries have done this. A second option is for governments to buy the concept and then award the project through a competitive bidding process in which no bidder has a predefined advantage. A third option—and this has been adopted in such countries as Chile, South Korea and the Philippines – is to offer the original proponent a predefined advantage in a competitive bidding process. Under this third option, more and more countries are beginning to use one or a combination of two main approaches: a bonus system and the Swiss challenge. Under the bonus system the government gives the original project proponent an advantage in the bidding process that takes the form of a bonus, usually about 10 percent, credited to the proponent’s bid. Under the Swiss challenge system the government gives challengers an opportunity to make better offers than the original proponent, then allows the original proponent to counter match. 73 BOX 18: Potential Benefits of Dry Ports (Inland Clearance Depots – ICDs) (Excerpted from “Handbook on the Management and Operation of Dry Ports,” UNCTAD, 1991.) The benefits and potential benefits may be summarized as follows: (a) In creased trade flows: beneficial to a region or to the country as a whole. (b) Lower door-to-door freight rates: The consolidation of consignments and the greater use of containerization can contribute significantly to the introduction of lower through-rates. (c) Avoidance of clearing and forwarding agents’ fees at sea ports: These fees may be comple tely avoided where a dry port allows the use of combined transport bills of lading or multi-modal transport documents. This is so when such documents are issued by a shipping line because the shipping line takes responsibility for the passage of the goods through the maritime port. Hence the importer or exporter does not need to employ a clearing and forwarding agent. (d) Avoidance of storage, demurrage and late documentation fees: With a dry port and combined transport bills of lading, customs inspection at the maritime ports and at the borders of transit countries should be unnecessary or at least greatly minimized and many of the usual causes of delay at maritime ports will be removed. Storage costs, demurrage and late documentation fees will thus not occur. (e) Possible avoidance of the need to extend the period of marine insurance: The validity of the period of marine insurance usually extends to 60 days after completion of discharge overside of the goods insured from the sea-going vessel at the final sea port of destination. With a dry port, delays in excess of 60 days should not occur, and the payment of any additional premium is thus averted. (f) Optimal use of road and rail transport: If substitution of existing long-distance road haulage by rail transport can be encouraged, there may be savings to be gained in transport costs. (g) Use of national rolling stock Benefits may also be gained when a dry port enables cargo to be transshipped more readily from foreign-owned to domestic -owned rail wagons, if necessary, such that the demurrage or hire-rate on foreign wagons is avoided when wagons are returned quickly to the foreign railway. (h) Better utilization of capacity: A dry port can reduce empty rail wagon or truck movements by acting as a consolidation centre for return loads of export cargo. (i) Greater use of containers: The establishment of a dry port with container-handling facilities can encourage greater use of containers. (j) Lower customs staff costs: As dry ports allow customs clearance to be concentrated at a few sites, it may be possible to effect the same volume of clearance with reduced customs involvement, especially where a dry port is accessed by two or more gateway ports. (k) Benefits to sea ports: Apart from lowering congestion, the establishment of dry ports also results in reduced handling of goods at related maritime ports. There is a reduction in demand for storage space owing to faster onward transit, saving in both capital costs of providing handling equipment and warehousing as well as in equipment maintenance costs. (l) Inventory savings: One of the main purposes of the dry ports is to speed up the movement of cargo and to increase the predictability of arrival times. Owing to uncertainties in transit times and the way in which exchange rates fluctuate, purchase prices of exports from land-locked countries tend to incorporate a risk premium to cover exchange rate fluctuations while the goods are in transit. More reliable delivery and shorter transit time will reduce 74 BOX 18: (continued) this risk premium. Rapid and reliable transit enables importers or exporters to hold lower stock levels of commodities, and thus to save on working capital needed. (m) Benefits of unit trains: Dry ports encourage the operation of unit trains. Shunting costs at the terminals and at the intermediate marshalling yards can be avoided and higher wagon and locomotive utilization rates achieved. The introduction of unit trains is most appropriate when freight flows between two points are substantial, fairly continuous and relatively balanced. (n) Improved communications: Simple, rapid transfer of documentation and information, fundamental to efficient cargo transit, may be achieved by linking the introduction of computerized freight tracking or customs clearance to the provision of a dry port. The benefits are strictly attributable to the introduction of computerized procedures. (o) Additional benefits: Benefits which are difficult to quantify, isolate or measure in monetary terms include the following: · Dry ports enable greater national control to be exercised over transit operations; • With reduced paperwork and more accurate documentation, there is less scope for confusion or lost papers, fewer delays, reduced cargo loss and better flow of information; • Importers and exporters may recognize the advantages of greater reliability in the transit routes. (This may be translated into a tangible benefit when importers and exporters switch to the cheaper transit route, or exporters can avert monetary penalties connected with late delivery, or if lower inventory levels can be maintained; • Finer tuning of cargo-delivery schedules; • The fewer the transit-transport difficulties, the greater the likelihood of gaining entry into overseas markets with its potential stimulus to other sectors of the economy; • Creation of a more stable domestic investment climate with reduced transit-transport difficulties for manufacturers depended on imported cargo or already exporting overseas; • Simplified procedures associated with a dry port and containerization mean fewer steps and fewer officials involved in processing the required documentation. With fewer control points, there is less scope for malpractice. If queries arise in regard to documentation, these can be readily sorted out at a dry port by all parties represented on the site; • Introduction of simplified work practices at the maritime ports. 75 BOX 19: Maintaining Roads: Experience with Output-Based Cont racts in Argentina (Excerpts from an article by Gerard Liautaud; the full report can be found at http://rru.worldbank.org/). Creating capacity and incentives for ongoing maintenance of capital investments is a challenge across all infrastructure sectors, but especially for services that cannot attract cost-covering user fees, such as low-volume roads. The Argentine government has responded to this challenge in its non concessioned road network by using output-based contracts with the private sector for rehabilitation and maintenance. The multiyear, lump sum contracts, funded by the government and the World Bank, specify required road service outputs and use incentivebased payment schedules to ensure the quality of the work. After three years of operation the 60 contracts (averaging US$10 million) in the first phase [were] working well. By 2002 around 75 percent of Argentina’s non concessioned roads [were expected to] be operating under output-based contracts. The contracting is run at the national level by the highways authority. The first step was a nationwide road survey to estimate traffic, define the minimum (rather than optimum) road standards, define the rehabilitation and maintenance required, and identify the size and shape of the sub networks for contracting out. Roads with traffic in the range of 300–3,000 vehicles a day are eligible for output-based contracting. (Roads with traffic exceeding 3,000 vehicles a day are considered concession able.) On the basis of the survey information the government set uniform national output indicators for the contracts. To help define the indicators, road users (who spend US$10 billion annually operating vehicles) were surveyed to find out what they consider an acceptable level of service. Contracts were awarded to the lowest lump sum bidder, and a share of the payments to contractors is based on how well they perform against these indicators. In their initial application, the output-based contracts covered maintenance of paved roads, with payout schedules based on kilometers per month. The next stage covered rehabilitation and maintenance, with contracts requiring lumpy up-front payments to cover rehabilitation costs. A third stage under consideration [was to] cover new construction of low-volume roads (less than 250 vehicles a day). On the basis of the experience with the maintenance contracts, a contract was designed for combined rehabilitation and maintenance of paved roads. This contract, called contrato de recuperación y mantenimiento (CREMA), requires the contractor to rehabilitate and then maintain a network of roads for five years for a lump sum amount. Each contract covers a network comprising contiguous or area-specific road sections ranging in length from 100 to 300 kilometers.The contract specifies the sections that need rehabilitation and the minimum solution required to ensure a positive net present value for the investment. In contrast with input-based contracts, under the CREMA payments are made when the contractor achieves a specified level of service. Performance is assessed during monthly on-site inspections by the government engineer and the contractor. Throughout the contract period the rehabilitation works must comply with the specified minimum and maximum standards [as follows: a) Meet or exceed the minimum thickness of overlay; and b) Not exceed the maximum level of roughness, rut depth, cracking, or raveling.] The compliance with maintenance standards is inspected visually on a monthly basis [focusing on a few essential items in ensuring compliance with the specifications: a) Potholes, cracking, and rutting; b) The condition of shoulders, culverts and drains, and the roadside environment; and c) Guardrails and vertical and horizontal signs.] Penalties for noncompliance are set for each indicator. For example, a pothole left un-repaired beyond the authorized time limit will cost the contractor US$400 a day until it is patched. Penalties are deducted from the monthly payments. Road users can also monitor performance, voicing concerns about the quality of service in a claim book available at the contractor’s site office. Entries in the claim book are publicized in the local media. Contractors must signpost each network with information about how they can be contacted. And a representative of the user community is periodically allowed to participate in monthly inspections. Ex post financial and economic evaluations showed that the rehabilitation and maintenance funding yields an economic rate of return of 60 percent (at a 12 percent cost of capital). The contracts will reduce the need for capital investments by nearly 30 percent: after the five-year implementation period better quality roads will lead to a drop in ongoing capital and maintenance expenditures from about US$11,300 per kilometer a year to US$8,000. 76 ANNEX II -- TABLES TABLE 1A: 31 Landlocked Developing Countries: Summary of Population, GDP, Exports, Imports, FDI (Stocks & Flows) and Official Finance Flows Total and Per Capita Values, by Region Population GDP Exports Imports Per Capita Per Capita Per Capita (thousand) ($ million) ($ million) ($ million) GDP ($) Exports($) Imports($) 2000 2000 2001 2001 2000 2001 2001 Stock of Inward FDI Flow of Inward FDI Official FinanceFlows Total Per Capita Total Per Capita Total Per Capita ($ million) ($) ($ million) ($) ($ million) ($) 2001 2001 2001 2001 2001 2001 Africa 5,285 2,192 689 963 1,407 6,391 899 1,697 2,298 1,826 1,794 1,478 6,170 2,911 7,392 2,462 175 39 128 197 462 250 448 740 291 85 702 457 853 1,935 2,277 656 139 148 617 1,299 681 578 657 377 250 850 1,594 1,050 1,428 3,429 190 108 259 178 102 442 150 202 169 236 1,599 265 279 585 1,598 15 6 34 25 7 123 40 65 27 11 759 20 82 153 1,478 57 22 40 78 21 335 51 58 35 33 919 68 101 113 1,734 175 48 118 510 961 2,559 549 580 448 262 338 1,484 2,397 1,090 1,125 15 8 32 65 15 1,257 49 51 41 34 365 64 230 86 57 26 8 80 20 118 58 103 13 9 69 229 72 5 37 2 2 10 0 58 5 9 1 1 75 10 7 0 Total ODF,net 12 385 131 76 189 1,045 61 394 331 211 293 39 766 387 144 8 33 21 20 24 17 30 35 29 19 38 42 33 37 11 8,281 7,521 1,285 936 1,724 2,146 994 1,368 154 170 207 390 5,699 1,389 684 253 647 152 78 28 692 110 83 20 1,914 5,267 18,230 1,304 991 4,404 7,666 392 2,674 8,647 543 804 2,381 3,079 1,010 1,628 6,363 541 785 1,986 3,059 505 655 1,127 265 163 930 308 104 333 535 110 132 503 124 267 202 393 110 129 419 123 714 3,962 12,647 459 166 1,063 768 189 493 782 93 27 224 31 140 227 2,760 40 22 150 71 37 28 171 8 4 32 3 208 212 269 166 157 89 260 55 26 17 34 26 19 10 East and South Asia Afghanistan 21,765 Bhutan 2,085 Lao People's Dem. Rep. 5,279 Mongolia 2,533 Nepal 23,043 .. 487 1,709 969 5,497 92 133 336 366 737 719 180 551 555 1,473 .. 234 324 383 239 4 64 64 144 32 33 86 104 219 64 19 4 574 245 116 1 2 109 97 5 2 24 63 19 0 5 25 1 399 59 244 208 385 18 28 46 82 17 Southeast Europe FYR Macedonia Moldova, Republic of 2,034 4,295 3,573 1,286 1,187 664 1,851 1,033 1,757 299 584 155 910 241 919 609 452 142 530 150 261 35 257 115 126 27 327,835 112,491 33,480 38,205 343 102 117 42,606 130 5,864 18 8,294 25 Botswana 1,541 Burkina Faso 11,535 Burundi 6,356 Central African Republic 3,717 Chad 7,885 Ethiopia 62,908 Lesotho 2,035 Malawi 11,308 Mali 11,351 Niger 10,832 Rwanda 7,609 Swaziland 925 Uganda 23,300 Zambia 10,421 Zimbabwe 12,627 Latin America Bolivia Paraguay 8,329 5,496 Central & West Asia and the Caucasus Armenia 3,787 Azerbaijan 8,041 Kazakhstan 16,172 Kyrgyzstan 4,921 Tajikistan 6,087 Turkmenistan 4,737 Uzbekistan 24,881 Total, Landlocked DC TABLE 1B: 31 Landlocked Developing Countries: Summary of Population, GDP, Exports and Imports Selected Growth Rates, by Region GDP Growth Rate(%) (Total real product) Per capita GDP Growth Rate (%) Export Growth Rate (% per annum) Import Growth Rate (% per annum) 1990-1995 1995-2000 1990-1995 1995-2000 1990-1995 1995-2000 2000-2001 1990-1995 1995-2000 2000-2001 Africa Botswana Burkina Faso Burundi Central African Republic Chad Ethiopia Lesotho Malawi Mali Niger Rwanda Swaziland Uganda Zambia Zimbabwe 3.8 4.2 -2.6 0.6 0.9 3 3.9 1.6 2.6 0.5 -12.2 2.7 6.8 -1.1 0.9 5.3 5.5 -0.1 2.9 3.5 4.6 3 3.9 4.9 3.6 9.7 3.5 6 2.1 1.9 1 1.5 -4.1 -2 -2 -0.1 1.7 0.5 0.1 -2.9 -6.1 1.1 3.6 -3.8 -1.3 3.6 3.1 -1 0.8 0.3 1.9 1.3 1.4 2.2 0.1 0.3 1.3 3 -0.3 0 2.68 9.3 7.15 6.89 0.43 11.98 22.97 -3.65 3.42 -2.77 -21.71 10.83 25.33 -4.27 5.06 2.84 -2.02 -8.48 -2.36 -4.36 2.87 3.93 -2.72 5.5 -0.73 -0.77 -1.43 -1.35 -5.12 -3.75 -9.21 -17.96 -23 -15.6 2.3 -4.94 13.28 26.47 35.7 2.86 60.4 -17.52 -0.83 10.87 -0.95 -1.88 -5.55 -1.23 6.1 0.03 7.63 5.92 -6.45 2.19 -1.93 -13.07 9.96 37.11 -10.08 5.71 6.15 2.42 -6.25 -4.88 -1.99 2.22 -6.69 2.73 -3.17 -1.05 -1.79 -3.96 6.6 3 -10.82 -7.75 19.21 -5.79 5.97 91.21 -3.26 -6.46 1.55 10.92 1.22 17.13 -7.74 5.11 7.62 0.02 3.9 3.2 3.5 0.7 1.5 0.5 1.1 -1.9 4.31 0.56 0.75 -3.86 4.5 7.65 13.41 15.12 4.49 -8.89 -5.76 4.66 Central & West Asia and the Caucasus Armenia _ Azerbaijan _ Kazakhstan _ Kyrgyzstan _ Tajikistan _ Turkmenistan _ Uzbekistan _ 5.1 7.3 1.9 5.3 1.1 4 3.5 _ _ _ _ _ _ _ 5 6.3 2.5 3.7 -0.1 1.6 1.7 _ _ _ _ _ _ _ -0.88 18.51 7.17 1.63 -1.01 0.44 -1.65 33.17 53.23 -5.25 7.63 3.16 -5 -5.69 3.35 10.03 2.91 -1.52 -2.73 6.87 -4.09 14.51 38.94 25.98 -2.31 16.37 11.24 3.81 East and South Asia Afghanistan Bhutan Lao People's Dem. Rep. Mongolia Nepal 7 6.1 3 4.6 .. 4.3 3.9 -4.6 2.7 .. 4.2 3.6 2.1 2.1 -6.52 6.17 36.43 -4.51 11.2 -4.49 5.48 0.62 -3.54 17.75 -30.87 -5 1.69 -17.35 -8.38 -16.09 3.06 32.53 -13.56 15.07 3.82 10.16 -4.31 7.15 1.65 13.08 0.17 2.94 -9.72 -6.36 _ 2.2 -2.5 _ 1.81 -11.3 -10 40.7 _ 3.89 -4.8 -11.21 32.9 121.28 9.48 126.06 84 10.5 258.2 Latin America Bolivia Paraguay Southeast Europe FYR Macedonia Moldova, Republic Total, Landlocked DC .. .. 5.9 6.5 -3 5.2 _ 3 -2.7 _ _ _ _ _ _ _ TABLE 1C: Rankings of 31 Landlocked Developing Countries by Population, by Per Capita GDP, FDI and ODF, and by Growth Rates of GDP Per Capita and Exports Ranked by: Ranked by: Population (thousand) Per Capita GDP ($) 2000 2000 Ethiopia 62,908 Uzbekistan 24,881 Uganda 23,300 Nepal 23,043 Afghanistan 21,765 Kazakhstan 16,172 Zimbabwe 12,627 Burkina Faso 11,535 Mali 11,351 Malawi 11,308 Niger 10,832 Zambia 10,421 Bolivia 8,329 Azerbaijan 8,041 Chad 7,885 Rwanda 7,609 Burundi 6,356 Tajikistan 6,087 Paraguay 5,496 Lao People's Dem. Rep. 5,279 Kyrgyzstan 4,921 Turkmenistan 4,737 Moldova, Republic of 4,295 Armenia 3,787 Central African Republic 3,717 Mongolia 2,533 Bhutan 2,085 Lesotho 2,035 FYR Macedonia 2,034 Botswana 1,541 Swaziland 925 Total 327,835 Ranked by: Per Capita Goods Exports($) 2001 Botswana 3,429 FYR Macedonia 1,757 Swaziland 1,599 Paraguay 1,368 Kazakhstan 1,127 Bolivia 994 Turkmenistan 930 Azerbaijan 655 Zimbabwe 585 Armenia 505 Lesotho 442 Mongolia 383 Lao People's Dem. Rep. 324 Uzbekistan 308 Moldova, Rep. 299 Zambia 279 Kyrgyzstan 265 Uganda 265 Central African Republic 259 Nepal 239 Rwanda 236 Bhutan 234 Mali 202 Burkina Faso 190 Chad 178 Niger 169 Tajikistan 163 Malawi 150 Burundi 108 Ethiopia 102 Afghanistan .. Botswana 1,597.7 Swaziland 758.9 FYR Macedonia 583.6 Kazakhstan 534.7 Turkmenistan 502.6 Azerbaijan 332.5 Paraguay 170.3 Moldova, Republic of 154.6 Bolivia 154.3 Zimbabwe 153.2 Mongolia 144.5 Tajikistan 132.1 Uzbekistan 123.7 Lesotho 122.9 Kyrgyzstan 110.3 Armenia 103.5 Zambia 81.9 Mali 65.2 Bhutan 63.8 Lao People's Dem. Rep. 63.6 Malawi 39.6 Central African Republic 34.4 Nepal 32.0 Niger 26.9 Chad 25.0 Uganda 19.6 Burkina Faso 15.2 Rwanda 11.2 Ethiopia 7.3 Burundi 6.1 Afghanistan 4.2 Total Total 343 Ranked by: 102.1 FDI Inflows Per Capita ($) 2001 FYR Macedonia 260.6 Kazakhstan 170.7 Bolivia 77.7 Swaziland 74.6 Lesotho 58.0 Botswana 37.0 Armenia 37.0 Moldova, Republic of 34.9 Turkmenistan 31.7 Azerbaijan 28.2 Paraguay 27.7 Mongolia 24.9 Chad 10.1 Uganda 9.8 Mali 9.1 Kyrgyzstan 8.1 Zambia 6.9 Malawi 5.1 Lao People's Dem. Rep. 4.5 Tajikistan 3.6 Uzbekistan 2.9 Burkina Faso 2.3 Central African Republic 2.2 Niger 1.2 Rwanda 1.2 Nepal 0.8 Zimbabwe 0.4 Ethiopia 0.3 Afghanistan 0.1 Bhutan 0.0 Burundi 0.0 Total 17.9 Ranked by: Official (ODF) Finance Per Capita ($) 2001 FYR Macedonia Bolivia Mongolia Armenia Lao People's Dem. Rep. Swaziland Rwanda Zambia Malawi Kyrgyzstan Burkina Faso Uganda Lesotho Mali Bhutan Moldova, Republic of Azerbaijan Tajikistan Chad Burundi Central African Republic Paraguay Niger Turkmenistan Afghanistan Nepal Kazakhstan Ethiopia Zimbabwe Uzbekistan Botswana Total 126.2 83.1 82.2 55.0 46.2 41.8 38.5 37.2 34.8 33.8 33.4 32.9 29.8 29.1 28.3 26.8 26.4 25.9 24.0 20.6 20.4 20.1 19.5 18.8 18.3 16.7 16.6 16.6 11.4 10.5 7.8 25.3 Ranked by: GDP Per Capita Growth Rate (%) 1995-2000 Azerbaijan Armenia Bhutan Kyrgyzstan Botswana Lao People's Dem. Rep. Burkina Faso Uganda Kazakhstan FYR Macedonia Mali Mongolia Nepal Ethiopia Uzbekistan Turkmenistan Malawi Swaziland Lesotho Bolivia Central African Republic Chad Rwanda Niger Zimbabwe Tajikistan Zambia Burundi Paraguay Moldova, Republic of Afghanistan 6.3 5.0 4.2 3.7 3.6 3.6 3.1 3.0 2.5 2.2 2.2 2.1 2.1 1.9 1.7 1.6 1.4 1.3 1.3 1.1 0.8 0.3 0.3 0.1 0.0 -0.1 -0.3 -1.0 -1.9 -2.5 .. Ranked by: Export of Goods Growth Rate (%) 1995-2000 Azerbaijan 18.5 Nepal 17.8 Kazakhstan 7.2 Mali 5.5 Bhutan 5.5 Lesotho 3.9 Ethiopia 2.9 Botswana 2.8 FYR Macedonia 1.8 Kyrgyzstan 1.6 Bolivia 0.8 Lao People's Dem. Rep. 0.6 Turkmenistan 0.4 Niger -0.7 Rwanda -0.8 Armenia -0.9 Tajikistan -1.0 Uganda -1.4 Swaziland -1.4 Uzbekistan -1.7 Burkina Faso -2.0 Central African Republic -2.4 Malawi -2.7 Mongolia -3.5 Zimbabwe -3.8 Paraguay -3.9 Chad -4.4 Afghanistan -4.5 Zambia -5.1 Burundi -8.5 Moldova, Republic of -11.3 TABLE 1D: 41 Transit Countries: Summary of Population, GDP, Exports, Imports, FDI (Stocks & Flows) and Official Finance Flows Total and Per Capita Values, by Region Region and Country Africa Senegal Guinea Côte d'Ivoire Ghana Togo Benin Nigeria Cameroon Congo,Rep.of Gabon Sudan Algeria Eritrea Djibouti Somalia Kenya United Republic of Tanzania Dem. Rep. of the Congo Mozambique South Africa Namibia Angola Latin America Peru Chile Argentina Brazil Goods Goods Per Capita Per Capita Population GDP Exports Imports Per Capita Goods Goods Flow of Inward FDI Official FinanceFlows Stock of Inward FDI (thousand) ($ million) ($ million) ($ million) GDP ($) Exports($) Imports($) Total Per Capita Total Per Capita Total Per Capita ($ million) ($) ($ million) ($) ($ million) ($) 2000 2000 2001 2001 2000 2001 2001 2001 2001 2001 2001 2001 2001 (ODF,net) 9,421 4,371 1,001 1,549 464 106 164 977 104 125 13 411 44 8,154 3,012 849 746 369 104 91 324 40 38 5 260 32 16,013 9,370 4,033 2,472 585 252 154 3,685 230 258 16 80 5 19,306 5,190 1,618 2,986 269 84 155 1,347 70 89 5 642 33 4,527 1,219 400 628 269 88 139 593 131 67 15 46 10 6,272 2,168 407 651 346 65 104 756 121 131 21 273 43 113,862 41,085 20,213 10,906 361 178 96 21,289 187 1,104 10 -235 -2 14,876 8,879 1,996 1,961 597 134 132 1,338 90 75 5 370 25 3,018 3,215 2,135 840 1,065 707 278 915 303 59 20 16 5 1,230 4,932 3,093 1,117 4,009 2,515 908 394 320 200 163 -38 -31 31,095 11,516 2,139 1,652 370 69 53 1,970 63 574 18 171 6 30,291 53,306 20,479 10,068 1,760 676 332 4,637 153 1,196 39 150 5 3,659 608 13 175 166 4 48 176 48 34 9 280 76 632 553 17 306 875 27 484 37 59 3 5 55 87 8,778 .. 101 344 .. 12 39 *** *** 0 0 331 38 30,669 10,357 1,932 3,503 338 63 114 1,045 34 50 2 431 14 35,119 9,027 679 1,582 257 19 45 1,404 40 224 6 1,246 35 50,948 .. 416 376 .. 8 7 649 13 32 1 250 5 18,292 3,754 688 1,151 205 38 63 1,350 74 255 14 943 52 43,309 125,887 29,284 28,405 2,907 676 656 50,115 1,157 6,653 154 530 12 1,757 3,479 1,245 1,445 1,981 709 822 1,906 1,085 99 56 114 65 13,134 8,828 6,612 3,345 672 503 255 9,096 693 1,119 85 256 19 25,662 15,211 37,032 170,406 53,466 70,545 284,960 595,458 7,092 17,440 26,655 58,223 8,619 17,234 20,311 58,318 2,084 4,638 7,695 3,494 276 1,147 720 342 336 1,133 548 342 11,000 48,441 76,269 219,342 429 3,185 2,060 1,287 1,100 5,508 3,181 22,457 43 362 86 132 794 186 1,783 2,728 31 12 48 16 Central & West Asia and the Caucasus Iran, Islamic Rep. of 70,330 Turkey 66,668 Georgia 5,262 Russian Federation 145,491 104,904 199,937 3,029 251,106 26,554 27,762 375 103,139 17,246 42,492 831 58,992 1,492 2,999 576 1,726 378 416 71 709 245 637 158 405 2,507 12,601 583 21,795 36 189 111 150 33 3,266 160 2,540 0 49 30 17 122 1,353 328 4,711 2 20 62 32 1,252,948 1,079,948 78,137 31,344 62,806 122,166 13,104 3,183 1,008,937 456,990 141,256 61,638 266,160 15,682 65,113 1,562 43,611 9,660 243,610 14,941 62,058 2,183 49,618 11,097 862 401 1,945 243 453 436 212 201 1,037 119 43 68 194 191 988 167 49 79 395,192 15,923 28,227 1,664 22,319 6,608 315 204 449 127 22 47 46,846 1,300 3,759 113 3,403 385 37 17 60 9 3 3 3,108 1,337 -320 408 1,546 1,935 2 17 -5 31 2 14 3,752 8,449 11,995 36,719 112,646 302 1,903 5,074 11,391 9,142 1,275 4,837 7,223 15,561 27,012 1,197 801 1,509 1,636 10,617 96 180 638 508 862 407 458 909 694 2,546 759 1,484 3,850 7,636 14,059 242 141 484 340 1,325 181 165 689 1,137 1,560 58 16 87 51 147 252 1,268 319 750 n.a 80 120 40 33 n.a 3,111,661 3,326,123 680,606 627,827 1,069 219 202 865,200 278 95,123 31 21,813 7 East and South Asia China Viet Nam Thailand Cambodia India Pakistan Southeast Europe Albania Yugoslavia, Fed. Rep. of Bulgaria Romania Greece Total: 41 Transit Countries 3,134 10,552 7,949 22,438 10,610 TABLE 1E: 41 Transit Countries: Summary of Selected Growth Rates for GDP and Exports, by Region Region and Country GDP Growth Rate(%) (Total real product) Per capita GDP Growth Rate (%) Import Growth Rate (% per annum) Export Growth Rate (% per annum) 1990-1995 1995-2000 1990-1995 1995-2000 1990-1995 1995-2000 2000-2001 1990-1995 1995-2000 2000-2001 Africa Senegal Guinea Côte d'Ivoire Ghana Togo Benin Nigeria Cameroon Congo,Rep.of Gabon Sudan Algeria Eritrea Djibouti Somalia Kenya United Republic of Tanzania Dem. Rep. of the Congo Mozambique South Africa Namibia Angola 1.3 3.9 1.3 4.2 -1 4.1 2.3 -2.2 -0.1 2.4 5.3 0 _ -2 -8.1 1.3 1.6 -8 3.2 0.9 4.6 -6.2 5.4 4 3.8 4.4 2.1 5.2 2.5 4.8 0.1 1.4 6.7 3.2 2.6 0.1 .. 1.7 3.9 -4.2 8.7 2.2 3.9 5.7 -1.2 0.3 -1.4 1.5 -3 0.7 -0.6 -4.8 -3.1 -0.4 2.8 -2.1 _ -3.4 -8.5 -1.6 -1.8 -11.5 -0.5 -1.1 1.7 -9.3 2.7 1.9 1.6 2.1 -1.3 2.4 -0.3 2.4 -2.8 -1.3 4.5 1.4 -0.1 -2.9 .. -0.6 1.3 -6.5 6.2 0.6 1.8 2.6 5.1 0.8 2.9 17.22 5.28 21.68 -4.08 -5.84 1.67 3.72 11.29 -6.34 _ -11.73 2.98 12.42 11.78 -16.52 3.74 3.25 4.55 -2.04 -0.57 5.89 0.81 -0.57 -1.64 -2.91 5.15 0.25 11.49 0.65 20.7 10.56 -6.52 -1.77 -10.6 -2.62 -4.16 -1.66 13.65 -0.18 -1.87 10.43 8.87 -0.6 3.71 1.28 10.32 3.89 -3.63 9.46 -18.12 -13 18.37 -7 -9.49 37.19 8.45 11.42 2.4 -11.81 89.08 -2.33 -11.07 -15 1.06 1.85 3.75 13.24 -7.59 21.79 2.19 -3.09 2.35 -0.87 13.71 2.37 _ 2.71 -0.85 4.91 2.71 -15.77 -1.76 9.56 4.3 3.42 1.19 -0.79 -0.88 11.53 -1.87 -1.65 3.28 4.13 -1.25 3.19 3.07 0.12 -2.6 1.55 4.49 0.12 -0.13 -4.8 11.38 -1.78 0.09 2.13 1.84 7.96 -2.48 0.46 11.21 6.12 25.04 31.05 -6.47 2.61 20.04 4.5 24.51 1.85 2.7 12.8 3.83 7.54 -0.62 -4.34 -10.3 55.98 Latin America Peru Chile Argentina Brazil 5.5 8.5 6.9 3.3 2.4 4.2 2.7 2 3.7 6.8 5.4 1.7 0.6 2.8 1.4 0.7 11.08 11.93 10.58 8.94 3.17 1.58 3.18 2.39 0.91 -3.96 0.93 5.7 19.68 14.64 36.82 18.32 -2.14 0.33 4.01 0.18 -2.02 -4.82 -19.54 -0.37 Central & West Asia and the Caucasus Iran, Islamic Rep. of Turkey Georgia Russian Federation 4 3.2 _ _ 3.4 3.3 5.5 0.8 2 1.3 _ _ 1.7 1.7 5.9 1.1 -0.64 10.41 _ _ 4.82 4.26 12.83 1.43 -6.32 4.48 13.52 -2.3 -11.34 8.66 _ _ -1.68 5.15 7.78 -9.59 20.64 -20.57 14.38 20.09 East and South Asia China Viet Nam Thailand Cambodia India Pakistan 12.5 8.3 8.6 5.7 5.4 4.7 8.1 6.6 -0.9 3.5 5.8 2.9 11.3 6.2 7.1 2.2 3.4 2.2 7.2 5.1 -2.2 0.7 4 0.2 18.7 19.48 18.7 49.41 11.45 6.06 10.04 19.66 3.19 11.02 5.28 0.76 6.76 8.53 -5.71 17.7 2.91 7 20.24 27.87 15.51 46.25 8.07 7.01 8.5 9.14 -5.92 4.77 7.81 -2.33 18.18 2.34 0.22 43.17 -3.27 -1.74 Southeast Europe Albania Yugoslavia, Fed. Rep. of Bulgaria Romania Greece -0.7 _ -2.5 -1.8 0.9 4.3 0.6 -1 -2.4 3.3 0 _ -1.8 -1.3 0.4 4.6 0.6 0.2 -2.2 3 -2.88 _ 3.44 8.28 4.65 7.09 -0.06 -6.32 4.34 -2.05 15.56 10.45 5.5 9.88 -14.94 9.57 _ 7.5 2.52 0.75 9.84 2.89 -0.13 2.77 1.81 16.86 30.34 11.26 19.2 6.86 TABLE 1F: Rankings of 41 Transit Countries by Population, by Per Capita GDP, FDI and ODF, and by Growth Rates of GDP Per Capita and Exports Ranked by: Population (thousand) Ranked by: Per Capita GDP ($) Per Capita Goods Exports($) 2000 2000 2001 China 1,252,948 India 1,008,937 Brazil 170,406 Russian Federation 145,491 Pakistan 141,256 Nigeria 113,862 Viet Nam 78,137 Iran,Islamic Rep. 70,330 Turkey 66,668 Thailand 62,806 Dem.Rep.Congo 50,948 South Africa 43,309 Argentina 37,032 Un.Rep.Tanzania 35,119 Sudan 31,095 Kenya 30,669 Algeria 30,291 Peru 25,662 Romania 22,438 Ghana 19,306 Mozambique 18,292 Côte d'Ivoire 16,013 Chile 15,211 Cameroon 14,876 Angola 13,134 Cambodia 13,104 Greece 10,610 Yugoslavia,FedRep 10,552 Senegal 9,421 Somalia 8,778 Guinea 8,154 Bulgaria 7,949 Benin 6,272 Georgia 5,262 Togo 4,527 Eritrea 3,659 Albania 3,134 Congo 3,018 Namibia 1,757 Gabon 1,230 Djibouti 632 Ranked by: Greece 10,617 Argentina 7,695 Chile 4,638 Gabon 4,009 Brazil 3,494 Turkey 2,999 South Africa 2,907 Peru 2,084 Namibia 1,981 Thailand 1,945 Algeria 1,760 Russian Federation 1,726 Romania 1,636 Bulgaria 1,509 Iran,Islamic Rep. 1,492 Albania 1,197 Congo 1,065 Djibouti 875 China 862 Yugoslavia,FedRep 801 Angola 672 Cameroon 597 Côte d'Ivoire 585 Georgia 576 Senegal 464 India 453 Pakistan 436 Viet Nam 401 Sudan 370 Guinea 369 Nigeria 361 Benin 346 Kenya 338 Ghana 269 Togo 269 Un.Rep.Tanzania 257 Cambodia 243 Mozambique 205 Eritrea 166 Dem.Rep.Congo .. Somalia .. Gabon Chile Thailand Greece Argentina Russian Federation Namibia Congo Algeria South Africa Bulgaria Romania Angola Turkey Iran,Islamic Rep. Brazil Peru Côte d'Ivoire China Viet Nam Yugoslavia,FedRep Nigeria Cameroon Cambodia Senegal Guinea Albania Togo Ghana Georgia Sudan Pakistan Benin Kenya India Mozambique Djibouti Un.Rep.Tanzania Somalia Dem.Rep.Congo Eritrea 2,515 1,147 1,037 862 720 709 709 707 676 676 638 508 503 416 378 342 276 252 212 201 180 178 134 119 106 104 96 88 84 71 69 68 65 63 43 38 27 19 12 8 4 Ranked by: FDI Inflows Per Capita ($) 2001 Chile Gabon South Africa Greece Brazil Bulgaria Argentina Angola Thailand Albania Namibia Romania Turkey Peru Algeria China Georgia Benin Congo Sudan Russian Federation Viet Nam Côte d'Ivoire Yugoslavia,FedRep Togo Mozambique Senegal Nigeria Eritrea Cambodia Un.Rep.Tanzania Cameroon Djibouti Guinea Ghana India Pakistan Kenya Dem.Rep.Congo Iran,Islamic Rep. Somalia 362.1 162.6 154.1 147.0 131.8 86.7 85.9 85.2 59.9 57.8 56.3 50.7 49.0 42.9 39.5 37.4 30.4 20.9 19.5 18.5 17.5 16.6 16.1 15.6 14.8 13.9 13.3 9.7 9.3 8.6 6.4 5.0 4.7 4.7 4.6 3.4 2.7 1.6 0.6 0.5 0.0 Ranked by: Official (ODF) Finance Per Capita ($) 2001 Yugoslavia,FedRep Djibouti Albania Eritrea Namibia Georgia Mozambique Argentina Senegal Benin Bulgaria Somalia Un.Rep.Tanzania Romania Ghana Russian Federation Guinea Cambodia Peru Cameroon Turkey Angola Viet Nam Brazil Kenya Pakistan South Africa Chile Togo Sudan Congo Côte d'Ivoire Algeria Dem.Rep.Congo China Iran,Islamic Rep. India Nigeria Thailand Gabon Greece 120.1 87.2 80.5 76.5 64.9 62.3 51.5 48.2 43.7 43.4 40.1 37.7 35.5 33.4 33.2 32.4 31.9 31.1 30.9 24.9 20.3 19.5 17.1 16.0 14.1 13.7 12.2 12.2 10.2 5.5 5.3 5.0 5.0 4.9 2.5 1.7 1.5 -2.1 -5.1 -30.9 n.a Ranked by: GDP Per Capita Growth Rate (%) 1995-2000 Mozambique China Sudan Viet Nam India Angola Georgia Senegal Benin Cameroon Ghana Albania Chile Guinea Namibia Un.Rep.Tanzania Côte d'Ivoire Cambodia Iran,Islamic Rep. Greece Turkey Algeria Pakistan Argentina Eritrea Nigeria Peru Togo Brazil Kenya Gabon Russian Federation Yugoslavia,FedRep South Africa Congo Djibouti Thailand Bulgaria Romania Dem.Rep.Congo Somalia 8.7 8.1 6.7 6.6 5.8 5.7 5.5 5.4 5.2 4.8 4.4 4.3 4.2 4.0 3.9 3.9 3.8 3.5 3.4 3.3 3.3 3.2 2.9 2.7 2.6 2.5 2.4 2.1 2.0 1.7 1.4 0.8 0.6 0.6 0.1 0.1 -0.9 -1.0 -2.4 -4.2 .. Ranked by: Export of Goods Growth Rate (%) 1995-2000 Sudan Viet Nam Mozambique Georgia Congo Cambodia Algeria Angola China Albania Guinea India Nigeria Iran,Islamic Rep. Romania Turkey Thailand Argentina Peru Brazil Chile Russian Federation Côte d'Ivoire Pakistan Gabon Cameroon Yugoslavia,FedRep South Africa Ghana Senegal Togo Dem.Rep.Congo Djibouti Namibia Greece Kenya Benin Un.Rep.Tanzania Bulgaria Eritrea Somalia 20.7 19.7 13.7 12.8 11.5 11.0 10.6 10.4 10.0 7.1 5.9 5.3 5.2 4.8 4.3 4.3 3.2 3.2 3.2 2.4 1.6 1.4 0.8 0.8 0.7 0.3 -0.1 -0.2 -0.6 -0.6 -1.6 -1.7 -1.8 -1.9 -2.1 -2.6 -2.9 -4.2 -6.3 -6.5 -10.6 TABLE 1G: Landlocked and Transit Countries Ranked by EXPORTS PER CAPITA 31 Landlocked Developing Countries: Ranked by: Per Capita Goods Exports($) 41 Transit Neighbor Countries: Ranked by: Per Capita Goods Exports($) 2001 Botswana Swaziland FYR Macedonia Kazakhstan Turkmenistan Azerbaijan Paraguay Moldova, Republic of Bolivia Zimbabwe Mongolia Tajikistan Uzbekistan Lesotho Kyrgyzstan Armenia Zambia Mali Bhutan Lao People's Dem. Rep. Malawi Central African Republic Nepal Niger Chad Uganda Burkina Faso Rwanda Ethiopia Burundi Afghanistan Total 1,598 759 584 535 503 333 170 155 154 153 144 132 124 123 110 104 82 65 64 64 40 34 32 27 25 20 15 11 7 6 4 102 2001 (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) Gabon Chile Thailand Greece Argentina Russian Federation Namibia Congo Algeria South Africa Bulgaria Romania Angola Turkey Iran,Islamic Rep. Brazil Peru Côte d'Ivoire China Viet Nam Yugoslavia,FedRep Nigeria Cameroon Cambodia Senegal Guinea Albania Togo Ghana Georgia Sudan Pakistan Benin Kenya India Mozambique Djibouti Un.Rep.Tanzania Somalia Dem.Rep.Congo Eritrea Total 2,515 1,147 1,037 862 720 709 709 707 676 676 638 508 503 416 378 342 276 252 212 201 180 178 134 119 106 104 96 88 84 71 69 68 65 63 43 38 27 19 12 8 4 220 (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) (LDC) TABLE 2A: Private Participation in Infrastructure Investments, Total Investments (Private plus Public): 31 LANDLOCKED DEVELOPING COUNTRIES, in million US dollars, by sector and sub-sector 12 Year Totals, 1990-2001 Sector All Sectors Electricity Natural Gas Telecom Transport of which:___________________________ Airport Port Rail Road Water Africa 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Botswana 80 0 Burkina Faso 41.2 5.6 Burundi 16.1 0 CAR 1.8 0 Chad 11.6 0 Ethiopia Lesotho 33.5 0 Malawi 38.5 0 Mali 697.4 697.4 Niger 18 0 Rwanda 15.6 0 Swaziland 12 0 Uganda 208.9 0 Zambia 337.8 289.4 Zimbabwe 734 600 Region Total 2246.4 1592.4 Latin America 2 Bolivia 2896.2 507 2 Paraguay 310.5 0 Region Total 3206.7 507 Central and West Asia and the Caucasus 3 Armenia 492 0 3 Azerbaijan 388.6 230 3 Kazakhstan 4044.46 1520.86 3 Kyrgyz 94 0 3 Tajikistan 1 0 3 Turkmenistan 3 Uzbekistan 359.9 0 Region Total 5379.96 1750.86 East and South Asia 4 Afghanistan 4 Bhutan 4 Laos 710.6 535.5 4 Mongolia 28.8 0 4 Nepal 303.8 268.6 Region Total 1043.2 804.1 Southeast Europe 5 FYR Macedonia 607.3 0 5 Moldova 169.9 25.3 Region Total 777.2 25.3 LL Total 12653.46 4679.66 0 0 0 0 0 80 35.6 16.1 1.1 11.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0 0 0 0 0 0 0 0 0 0 0 33.5 32.5 0 18 15.6 12 208.9 48.4 46 559.3 0 6 0 0 0 0 0 0 88 94 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 0 0 0 70 76 0 0 0 0 0 0 0 0 18 18 0 0 0 0 0 0 0 0 0 0.7 813.6 0 813.6 730.4 252.5 982.9 163.2 58 221.2 116.6 0 116.6 0 0 0 46.6 0 46.6 0 58 58 682 0 682 0 0 604.09 0 0 442 158.6 1879.5 94 1 50 0 0 0 0 50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40 0 0 0 604.09 359.9 2935 0 50 0 50 0 0 0 0 0 0 0 40 0 0 0 0 175.1 28.8 35.2 239.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60 60 1477.69 607.3 84.6 691.9 5408.2 0 0 0 365.2 0 0 0 166.6 0 0 0 0 0 0 0 122.6 0 0 0 76 0 0 0 722.7 TABLE 2B: Private Participation in Infrastructure Investments, Private Portion of Total Investments: 31 LANDLOCKED DEVELOPING COUNTRIES, in million US dollars, by sector and sub-sector 12 Year Totals, 1990-2001 Sector All Sectors % Private Electricity Natural GasTelecom Transport of which:_____________________________ Water Airport Port Rail Road Africa Botswana 80 100 Burkina Faso 40 96 Burundi 16 100 CAR 2 100 Chad 12 100 Ethiopia Lesotho 34 100 Malawi 31 81 Mali 418 60 Niger 18 100 Rwanda 8 50 Swaziland 4 30 Uganda 192 92 Zambia 280 83 Zimbabwe 423 58 Region Total 1,557 69 Latin America Bolivia 2,568 89 Paraguay 311 100 Region Total 2,878 90 Central and West Asia and the Caucasus Armenia 443 90 Azerbaijan 286 74 Kazakhstan 2,772 69 Kyrgyz 12 13 Tajikistan 1 90 Turkmenistan Uzbekistan 238 66 Region Total 3,752 70 East and South Asia Afghanistan Bhutan Laos 390 55 Mongolia 29 100 Nepal 300 99 Region Total 718 69 Southeast Europe FYR Macedonia 316 52 Moldova 132 78 Region Total 449 58 LL Total % Private 9,354 74 74 80 36 16 1 12 4 0 0 0 0 34 25 6 18 8 4 192 48 46 519 77 83 730 253 983 140 58 198 117 398 79 889 12 1 45 45 6 418 232 300 954 0 482 533 482 533 0 207 1,238 605 1,445 605 238 1,617 265 567 0 88 29 35 152 25 25 30 30 3,473 74 1,168 79 302 0 0 117 63 69 14 14 24 0 24 0 682 58 58 682 0 40 45 45 0 0 0 40 0 0 0 0 0 0 0 0 316 77 393 0 0 0 0 0 0 3,663 68 327 89 162 97 0 0 93 76 72 95 722 100 TABLE 2C: Private Participation in Infrastructure Investments, Total Investments (Private plus Public): 39 TRANSIT-NEIGHBOR DEVELOPING COUNTRIES, in million US dollars, by sector and sub-sector 12 Year Totals, 1990-2001 Sector All Sectors Electricity Natural Gas Telecom Transport ___________________________ Airport Port Water Rail Road Africa 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Algeria Angola Benin Cameroon Congo C.d'Ivoire DR Congo Djibouti Eritria Ghana Guinea Kenya Mozambique Namibia Nigeria Senegal Somalia South Africa Sudan Tanzania Togo Region Total 2,300 68 90 462 435 1,385 229 50 0 531 157 332 500 27 1,194 535 0 11,838 6 870 5 21,013 0 0 0 70 325 333 0 0 0 60 36 172 0 5 225 124 0 31 0 496 0 1,877 2,300 0 0 0 0 38 0 0 0 0 0 0 0 0 0 0 0 16 0 0 0 2,354 0 68 90 266 110 827 229 0 0 461 120 107 29 22 969 407 0 9,611 6 351 5 13,678 0 0 0 126 0 187 0 50 0 10 0 53 470 0 0 0 0 1,968 0 23 0 2,888 0 0 0 31 0 28 0 0 0 0 0 21 0 0 0 0 0 203 0 12 0 295 0 0 0 0 0 0 0 50 0 10 0 32 0 0 0 0 0 0 0 7 0 99 0 0 0 95 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 100 0 0 0 0 0 159 0 0 0 0 0 0 470 0 0 0 0 1,765 0 0 0 2,394 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 0 213 0 0 0 217 72,598 126,536 19,475 12,123 230,732 16,081 38,267 7,043 4,025 65,416 9,082 4,004 1,675 0 14,761 23,748 60,486 1,340 7,793 93,367 15,449 20,875 5,463 249 42,036 3,668 0 293 108 4,069 735 1,596 847 26 3,204 5,334 6,038 90 62 11,524 5,712 13,241 4,233 53 23,239 8,238 2,905 3,954 56 15,153 101 28 11,140 17,018 28,287 36 0 2,070 7,285 9,391 0 0 1,311 0 1,311 65 28 7,135 8,066 15,294 0 0 515 725 1,240 0 0 413 390 803 0 0 103 335 437 0 0 0 0 0 0 0 0 0 0 0 0 108 942 1,050 455 50,044 25,530 7,130 21,154 743 105,057 123 19,068 12,240 5,937 8,016 436 45,819 0 1,156 230 0 1,025 0 2,411 147 5,970 11,234 775 8,493 0 26,619 185 23,133 1,609 418 3,120 95 28,561 185 1,579 125 0 16 15 1,919 0 2,879 1,032 418 107 80 4,517 0 2,070 0 0 2,140 0 4,210 0 16,605 452 0 857 0 17,914 0 717 216 0 501 213 1,647 165 612 3,480 1,930 6,187 0 0 100 0 100 0 0 0 0 0 165 460 2,331 1,930 4,886 0 0 23 0 23 0 0 0 0 0 0 0 23 0 23 0 0 0 0 0 0 0 0 0 0 0 152 1,025 0 1,177 391,275 122,603 20,837 153,844 74,748 7,087 8,281 15,834 43,547 19,244 Latin America 2 2 2 2 Argentina Brazil Chile Peru Region Total Central and West Asia and the Caucasus 3 Georgia 3 Iran 3 Russia 3 Turkey Region Total East and South Asia 4 Cambodia 4 China 4 India 4 Pakistan 4 Thailand 4 Vietnam Region Total Southeast Europe 5 Albania 5 Bulgaria 5 Romania 5 Yugoslavia Region Total TR Total TABLE 2D: Private Participation in Infrastructure Investments, Total Investments (Private plus Public): 31 LANDLOCKED DEVELOPING COUNTRIES, in million US dollars, total all sectors Annual Totals, 1990-2001 12 Year Country Sector Afghanistan All Sectors Armenia All Sectors Azerbaijan All Sectors Bhutan All Sectors Bolivia All Sectors Botswana All Sectors Burkina Faso All Sectors Burundi All Sectors CAR All Sectors Chad All Sectors Ethiopia All Sectors FYR Macedonia All Sectors Kazakhstan All Sectors Kyrgyz All Sectors Laos All Sectors Lesotho All Sectors Malawi All Sectors Mali All Sectors Moldova All Sectors Mongolia All Sectors Nepal All Sectors Niger All Sectors Paraguay All Sectors Rwanda All Sectors Swaziland All Sectors Tajikistan All Sectors Turkmenistan All Sectors Uganda All Sectors Uzbekistan All Sectors Zambia All Sectors Zimbabwe All Sectors LL Total All Sectors 1990 1991 1992 1993 1994 1995 1996 1998 2000 492 388.6 525.7 323.3 69 27.4 15.6 8.2 2 4.8 4.8 2896.2 80 41.2 16.1 1.8 11.6 106 177.5 450 607.3 106 8 1.4 0.5 2 6.7 3.2 19.1 8.6 34.8 2.9 109.8 3.7 5.7 2.8 4.7 697.3 25.3 9 54.1 13.1 145 15 10.5 12 0.2 0.5 0.8 0.2 0.5 4.6 20.1 4.9 20 0.2 0.5 34.4 71.7 38.1 47.1 21.8 716 2392.5 9 21.2 968.9 1738.7 1 254.6 692.6 740.6 80 5.6 0.5 1.1 30 1075.07 6 627.5 10 2099.89 88 57 0.1 131.4 3.4 14.9 14.9 98.2 14.9 14.9 70.5 0.2 4.4 4.4 2.5 20.7 Total 90-01 50 247 270.4 0.7 2001 45.6 20 442 34 1999 27 14 20 1997 5.9 15.4 18 212.8 307.4 4.4 231 2341.87 4.4 126.4 279 3418.79 12.3 17 4.7 607.3 4044.46 94 710.6 33.5 38.5 697.4 169.9 28.8 303.8 18 310.5 15.6 12 1 208.9 359.9 6.8 337.8 734 1230.5 12653.46 TABLE 2E: Private Participation in Infrastructure Investments, Total Investments (Private plus Public): 39 TRANSIT-NEIGHBOR DEVELOPING COUNTRIES, in million US dollars, total all sectors Annual Totals, 1990-2001 12 Year Country Sector Albania All Sectors Algeria All Sectors Angola All Sectors Argentina All Sectors Benin All Sectors Brazil All Sectors Bulgaria All Sectors Cambodia All Sectors Cameroon All Sectors Chile All Sectors China All Sectors Congo All Sectors C.d'Ivoire All Sectors DR Congo All Sectors Djibouti All Sectors Eritria All Sectors Georgia All Sectors Ghana All Sectors Guinea All Sectors India All Sectors Iran All Sectors Kenya All Sectors Mozambique All Sectors Namibia All Sectors Nigeria All Sectors Pakistan All Sectors Peru All Sectors Romania All Sectors Russia All Sectors Senegal All Sectors Somalia All Sectors South AfricaAll Sectors Sudan All Sectors Tanzania All Sectors Thailand All Sectors Togo All Sectors Turkey All Sectors Vietnam All Sectors Yuguslavia All Sectors TR Total All Sectors 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 102 3,326 2,937 6,927 13 646 173 1,922 82 2,438 10,235 21 18 31 258 3,369 40 5,186 6,486 5,644 6,657 9,030 7,597 543 17 1,458 27 122 7,911 27 8 24,458 42 160 45,527 42 14 595 3,177 1,436 1,358 5 38 1,519 8,268 325 38 3,560 12,914 43 694 1,250 4,601 15,821 67 8 108 4,066 3,602 8 373 18 70 12 20 137 614 25 1,051 537 10 5 81 1,376 5 10 424 20 2,911 23 70 11 10 47 5,068 48 30 25 2 8 2,174 53 10 18 20 10 20 14 692 906 68 5,112 27 20 38 5 44 982 1,011 650 6,412 11,201 16,073 2,134 2,093 2,099 1,680 1,457 465 542 534 8 1,444 28 4,388 74 10 1,876 17,885 23,494 4 4,333 90 19,521 157 28 60 1,525 3,503 35 75 21 50 60 34 10 4,012 3,729 187 20 22 Total 90-01 63 68 2,062 9,968 215 85 264 2,654 2,472 20 160 3,864 22 304 1,219 345 3,447 219 4 28 38 975 1,030 1,600 52 943 478 797 121 1 49 26 952 1,394 1,539 76 448 6 10 3,478 2,104 1,209 3,282 1,860 1,766 164 2,904 27 714 40 1,036 556 2,255 2,455 220 35 40,828 494 180 1,080 66,154 1,449 39 160 70,680 38 584 5 1,541 121 310 44,182 8,215 20 197 154 48,848 29,649 2,384 3,019 227 1,342 4 19 1,076 60 1,232 397 64 165 2,300 68 72,598 90 126,536 612 455 462 19,475 50,044 435 1,385 229 50 0 101 531 157 25,530 28 332 500 27 1,194 7,130 12,123 3,480 11,140 535 0 11,838 6 870 21,154 5 17,018 743 1,930 389,731 Table 3A: Development Assistance for All Physical Infrastructure and for the Transport Sector (and its major components) Gross Commitments in US Dollars (millions) to 31 Individual Landlocked Countries, by Region, 12 year total for 1990 to 2001 Total All Sources in DAC Purpose Reporting System (I.e., Bilateral and Multilateral sources of ODA and OOF) Region & Recipient Years Country (12 year total) (1) (2) Total of which: Commitments Transport for PhysicalSector Infrastructure (all types) code:210 LANDLOCKED COUNTRIES: Africa Botswana 1990-2001Tot 326 130 Burkina Faso 1990-2001Tot 1,030 349 1990-2001Tot 251 98 Burundi Central African 1990-2001Tot Republic 457 339 Chad 1990-2001Tot 628 363 Ethiopia 1990-2001Tot 1,981 1,178 Lesotho 1990-2001Tot 520 108 1990-2001Tot 896 365 Malawi Mali 1990-2001Tot 848 345 1990-2001Tot 365 90 Niger Rwanda 1990-2001Tot 407 201 Swaziland 1990-2001Tot 246 180 1990-2001Tot 1,830 641 Uganda Zambia 1990-2001Tot 1,195 525 Zimbabwe 1990-2001Tot 1,350 428 Region Total 12,331 5,339 (3) (4) (5) (6) (7) (8) (9) of which: For comparison: TrnspPolicyRoad Rail Water Air Total GrossODA net & Administrtv. Transport Transport Transport Transport Commitments DisbursManagement (incl. Ports) (all purposes) ments (All code:21010code21020 code21030 code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and GasElectrical Gas Telecommu-Water Population GNP Per Capita (including Transmis./ Distribution nications Supply & (thousands)($ million) GNP pipelines) Distribution Sanitation 2001 2001 ($) code:32262code23040 code23050 code22020 code14099 2001 1 11 0 89 132 9 0 2 66 32 53 67 85 12 12 571 119 321 97 246 215 1,099 107 335 264 58 143 112 457 451 289 4,313 4 10 0 0 3 1 0 17 9 0 0 1 32 44 99 221 0 4 0 1 0 0 0 8 0 0 0 0 0 0 2 16 6 2 0 2 13 69 0 1 5 0 1 0 67 18 26 211 782 3,893 1,463 1,216 2,167 8,699 1,048 4,944 4,477 2,450 3,315 568 8,790 9,146 5,467 58,425 1,045 4,584 1,924 1,654 2,443 9,398 1,067 4,881 4,770 3,447 4,133 427 7,983 8,003 4,300 60,058 -23 -29 -32 -19 6 120 150 -92 32 -259 19 -3 -228 -651 485 -524 0 0 0 0 64 74 0 0 0 0 0 0 0 30 0 168 39 103 2 3 2 248 106 217 70 4 59 9 254 147 174 1,438 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 23 13 21 8 107 3 17 23 0 15 11 8 21 389 662 117 445 93 54 114 238 257 221 247 225 84 32 413 312 232 3,082 1,616 11,553 6,939 3,771 7,917 65,817 2,062 10,527 11,095 11,193 8,706 1,069 22,792 10,283 12,821 188,161 688 648 1,337 56 352 409 554 296 850 16 0 16 3 0 3 59 0 59 8,474 2,944 11,417 7,239 1,117 8,356 -2 292 290 70 0 70 134 217 351 29 0 29 22 41 63 411 272 683 8,516 5,636 14,152 7,750 910.0517 6,954 1233.854 14,704 1039.005 Central & West Asia and the Caucasus Armenia 1990-2001Tot 324 73 Azerbaijan 1990-2001Tot 506 58 Kyrgystan 1990-2001Tot 391 272 Kazakhstan1990-2001Tot 1,156 857 Tajikistan 1990-2001Tot 65 24 Turkmenistan 1990-2001Tot 106 71 Uzbekistan 1990-2001Tot 920 513 Region Total 3,468 1,868 40 3 22 40 0 34 29 168 31 40 196 533 20 0 58 878 0 0 0 114 0 37 196 347 0 0 0 0 0 0 3 4 2 15 55 169 4 0 226 471 1,733 1,295 1,876 3,630 800 262 1,888 11,483 1,612 1,131 1,765 1,223 763 265 1,094 7,855 85 346 53 2,115 85 597 811 4,091 0 21 0 127 0 1 0 149 168 34 5 142 68 0 0 417 0 40 0 1 0 0 0 42 n.a. n.a. 18 0 2 n.a. 263 283 53 77 21 85 4 32 135 407 3,810 8,115 4,968 14,826 6,224 5,294 25,101 68,338 2,064 5,337 1,466 21,421 1,012 5,000 11,058 47,358 541.7323 657.671 295.0886 1444.827 162.5964 944.4654 440.5402 692.9966 East and South Asia Afghanistan1990-2001Tot Bhutan 1990-2001Tot Lao PDR 1990-2001Tot Mongolia 1990-2001Tot Nepal 1990-2001Tot Region Total 43 156 1,300 822 2,107 4,428 1 49 805 336 577 1,767 0 0 70 88 34 193 0 48 678 92 452 1,271 0 0 0 102 0 103 0 0 0 10 0 10 0 0 57 43 89 189 1,409 501 2,635 1,911 4,383 10,838 2,424 773 2,792 1,917 4,681 12,588 0 0 8 14 61 84 0 0 0 0 3 3 0 40 82 23 417 562 0 0 0 0 0 0 n.a. 52 75 64 151 341 7 16 135 31 470 659 27,248 829 5,404 2,423 23,585 59,489 n.a 548 1,664 1,031 5,756 8,999 n.a 661.0374 307.9201 425.5056 244.0534 151.2717 Southeast Europe F.Y.R.Macedonia 1990-2001Tot Moldova 1990-2001Tot Region Total 218 22 240 75 0 75 66 0 66 7 0 7 2 0 2 0 0 0 0 0 0 1,387 857 2,244 1,203 607 1,810 2 243 245 0 0 0 0 0 0 0 0 0 3 n.a. 3 64 1 65 2,044 4,273 6,317 3,391 1659.002 1,522 356.19 4,913 777.7426 Total, Landlocked 1990-2001Tot DC 23,241 10,386 1,407 7,319 688 32 931 94,408 90,666 4,186 391 2,768 71 1,351 4,896 336,457 121,342 360.6464 Latin America Bolivia 1990-2001Tot Paraguay 1990-2001Tot Region Total 1,484 1,291 2,775 5,525 2,310 679 976 1,595 6,315 1,006 1,789 2,277 1,913 1,683 1,283 5,697 3,509 8,811 45,368 3418.936 199.9481 97.85272 258.8173 201.4652 95.94786 487.8758 169.944 205.2276 170.9104 193.315 1200.187 249.9561 341.2428 687.2319 241.1127 Table 3B: Development Assistance for All Physical Infrastructure and for the Transport Sector (and its major components) Gross Commitments in US Dollars (millions) to 39 Individual Transit Countries, by Region, 12 year total for 1990 to 2001 Total All Sources in DAC Purpose Reporting System (I.e., Bilateral and Multilateral sources of ODA and OOF) Region & Recipient Country (1) (2) Total of which: Commitments Transport for Physical Sector Infrastructure (all types) code:210 TRANSIT COUNTRIES: Africa Algeria 1990-2001Tot 1,562 552 Angola 1990-2001Tot 787 82 Benin 1990-2001Tot 762 443 Cameroon 1990-2001Tot 1,058 698 Congo, Dem. 1990-2001Tot Rep. 285 120 Congo, Rep.1990-2001Tot of 115 88 Cote d`Ivoire1990-2001Tot 1,169 534 Djibouti 1990-2001Tot 234 126 Eritrea 1990-2001Tot 129 35 Ghana 1990-2001Tot 3,000 1,494 Guinea 1990-2001Tot 767 264 Kenya 1990-2001Tot 2,011 908 Mozambique 1990-2001Tot 2,899 1,255 Namibia 1990-2001Tot 542 181 Nigeria 1990-2001Tot 1,959 178 Senegal 1990-2001Tot 1,329 393 Somalia 1990-2001Tot 124 27 South Africa1990-2001Tot 824 518 Sudan 1990-2001Tot 115 31 Tanzania, United 1990-2001Tot Rep. 3,512 1,643 Togo 1990-2001Tot 286 104 Region Total 23,470 9,673 Years (12 year total) (3) (4) (5) (6) (7) (8) (9) of which: For comparison: TrnspPolicyRoad Rail Water Air Total Gross ODA net & Administrtv. Transport Transport Transport Transport Commitments DisbursManagement (incl. Ports) (all purposes) ments (All code:21010code21020 code21030 code21040 code21050 code: 999 Purposes) (10) OOF net Disbursments (All Purposes) (11) (12) (13) Oil and Gas Electrical Gas Telecommu-Water Population GNP Per Capita (including Transmis./ Distribution nications Supply & (thousands) ($ million) GNP pipelines) Distribution Sanitation 2001 2001 ($) code:32262code23040 code23050 code22020 code14099 2001 45 5 53 27 5 10 270 2 0 192 1 123 405 8 2 245 4 1 2 221 0 1,622 223 73 362 502 61 54 191 71 27 1,142 239 621 605 127 167 105 22 191 22 1,052 76 5,932 78 2 23 93 33 22 33 0 0 104 9 12 77 36 0 34 0 48 3 258 0 865 149 0 4 57 0 2 6 53 6 32 2 19 162 10 0 5 1 276 0 107 17 909 58 1 1 15 21 0 25 0 2 24 14 133 6 0 8 5 1 2 4 3 10 331 8,862 4,190 2,566 7,345 2,269 1,676 9,345 676 1,361 8,453 3,277 7,592 12,609 1,519 6,337 5,676 1,082 4,569 1,940 12,392 1,240 104,976 3,330 3,701 2,888 5,690 2,968 2,015 8,281 1,170 1,309 7,477 3,594 7,426 11,742 1,821 2,467 6,478 3,224 3,719 3,765 11,895 1,615 96,574 7,780 262 35 1,059 645 465 151 -2 0 143 -7 -951 749 17 -261 43 -2 1,211 3 -159 -22 11,160 199 150 0 54 0 62 23 0 3 1 2 15 1 0 218 1 0 10 0 0 0 739 1 403 137 129 2 10 193 0 38 603 78 57 549 13 337 69 21 0 6 507 68 3,220 0 0 0 0 0 0 0 0 0 6 0 0 0 0 1 1 0 0 0 366 0 374 13 201 26 43 95 0 1 5 2 44 32 88 128 23 367 20 1 30 12 218 9 1,357 721 89 157 119 49 7 243 72 36 602 242 354 528 128 1,130 600 57 140 53 445 61 5,833 30,894 13,513 6,437 15,198 52,360 3,104 16,410 645 4,205 19,708 7,580 30,736 18,072 1,793 129,881 9,770 9,089 43,240 31,688 34,451 4,654 483,428 51,320 7,863 2,249 8,094 n.a. 2,096 9,782 589 821 5,107 2,784 10,276 3,212 3,193 38,082 4,542 n.a 112,673 10,795 9,076 1,235 283,789 1661.164 581.8841 349.3864 532.5701 n.a. 675.2577 596.0999 913.1783 195.2438 259.1333 367.2823 334.3311 177.7335 1780.814 293.2069 464.8925 n.a 2605.759 340.6652 263.4466 265.3631 587.0347 664 6,016 773 1,778 9,231 178 2,907 248 751 4,084 475 2,286 310 850 3,922 0 606 143 24 773 3 215 72 153 442 7 0 0 0 8 30,408 38,002 4,343 16,528 89,282 1,767 2,068 1,417 5,049 10,302 15,335 13,602 -2,315 7,425 34,047 29 310 0 8 347 89 663 0 428 1,180 164 94 0 0 258 133 46 0 1 181 1,180 1,971 103 1,232 4,486 37,479 172,564 15,397 26,088 251,528 259,625 482,762 61,402 52,751 856,540 6927.213 2797.582 3987.92 2022.041 3405.347 Central & West Asia and the Caucasus Georgia 1990-2001Tot 372 58 1990-2001Tot 622 0 Iran Russia 1990-2001Tot 2,771 1,550 Turkey 1990-2001Tot 4,816 1,494 Region Total 8,580 3,102 17 0 391 40 448 40 0 1,053 1,004 2,097 0 0 1 444 446 0 0 100 0 101 1 0 4 5 10 1,679 4,060 39,853 15,319 60,911 1,657 1,442 16,125 4,641 23,865 201 2,482 38,234 -943 39,974 10 0 501 68 579 34 1 51 927 1,013 0 0 3 37 40 0 n.a. 3 4 7 6 145 185 2,273 2,609 5,020 64,658 144,838 66,231 280,747 3,158 120,835 300,158 146,058 570,209 629.0837 1868.833 2072.371 2205.282 2031.042 136 12,267 3,374 4,966 1,271,901 1,139,848 3,630 1,033,390 474,556 800 141,451 57,454 1,101 61,239 113,365 1,290 79,527 32,903 11,923 2,599,775 1,821,500 275.0469 896.1767 459.2226 406.176 1851.19 413.7337 700.6376 Latin America Argentina 1990-2001Tot 4,424 Brazil 1990-2001Tot 11,488 Chile 1990-2001Tot 1,011 1990-2001Tot 3,862 Peru Region Total 20,785 East and South Asia Cambodia 1990-2001Tot China 1990-2001Tot India 1990-2001Tot Pakistan 1990-2001Tot Thailand 1990-2001Tot Vietnam 1990-2001Tot Region Total 831 40,592 23,306 8,306 12,031 8,571 93,637 432 21,294 5,338 1,533 6,886 3,735 39,218 31 1,156 99 194 117 313 1,910 310 7,309 3,899 883 3,246 2,687 18,334 2 8,147 654 318 2,591 203 11,914 67 2,737 671 114 72 513 4,174 22 1,424 15 21 761 19 2,263 3,054 71,213 54,463 21,136 26,085 15,617 191,568 3,320 29,556 21,352 11,816 8,166 9,908 84,118 46 20,150 6,960 4,291 11,407 855 43,709 0 512 680 54 0 0 1,246 174 2,042 4,212 1,568 3,510 1,062 12,569 0 319 640 0 521 0 1,480 40 1,769 118 378 360 115 2,781 Southeast Europe Albania 1990-2001Tot Bulgaria 1990-2001Tot Romania 1990-2001Tot Yugoslavia 1990-2001Tot Region Total 513 551 904 205 2,173 166 306 669 73 1,213 28 8 18 60 113 55 30 220 9 314 14 158 331 3 507 34 110 98 0 243 35 0 1 1 37 2,038 2,475 4,285 4,000 12,798 2,991 2,401 3,658 3,412 12,462 264 2,426 4,193 -6 6,877 0 1 176 0 177 206 0 0 14 220 0 0 0 0 0 9 0 30 0 39 Total,Transit1990-2001Tot Countries 148,646 62,438 8,178 30,599 14,504 5,868 2,648 459,535 227,321 135,767 3,088 18,202 2,152 4,365 160 111 29 38 338 3,441 8,124 22,397 10,645 44,607 4,262 12,236 39,380 n.a 55,878 1238.593 1506.155 1758.271 n.a 1252.673 25,190 3,660,085 3,587,916 980.2822 Table 4: Development Assistance for All Physical Infrastructure and for the Transport Sector (and its major components) Gross Commitments in US Dollars (millions) to 31 Individual Landlocked and 39 Transit Countries, by Region, Annual Averages 1990-93, 1994-97, 1998-01 Total All Sources in DAC Purpose Reporting System (I.e., Bilateral and Multilateral sources of ODA and OOF) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) Recipient Year Total of which: of which: For comparison: Country Commitments Transport Transp. Policy Road Rail Water Air Total Gross ODA net OOF net Oil and Gas Population GNP for Physical Sector & Administrtv. Transport Transport Transport Transport Commitments DisbursDisburs(including (thousands) ($ million) Infrastructure Management (incl. Ports) (all purposes) ments (All ments (All pipelines) (all types) code:210 code:21010 code21020 code21030 code21040 code21050 code: 999 Purposes) Purposes) code:32262 Totals, 31 Landlocked and 39 Transit Countries Total, 31 Landlocked Developing Countries 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 23,241 1,641 2,042 2,127 1,507 2,263 10,386 699 846 1,052 817 919 1,407 87 119 147 286 152 7,319 527 512 791 490 660 688 31 85 56 33 105 32 5 3 0 0 1 931 48 127 58 8 1 94,408 6,557 7,730 9,315 10,741 8,823 90,666 7,287 8,026 7,353 7,302 7,920 4,186 286 384 376 187 158 391 15 63 19 69 0 246,922 301,219 326,712 329,859 336,457 1,349,324 91,580 126,428 119,324 116,768 121,342 Total, 39 Transit Countries 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 148,646 11,870 14,016 11,275 10,821 11,020 62,438 4,142 5,823 5,645 5,259 5,442 8,178 462 649 934 539 470 30,599 1,903 2,629 3,117 3,404 3,329 14,504 1,128 1,518 980 912 1,136 5,868 501 673 293 169 135 2,648 146 275 241 234 371 459,535 33,526 42,087 39,271 37,052 37,022 227,321 19,454 19,063 18,313 17,860 18,688 135,767 9,733 12,943 11,266 4,047 9,107 3,088 338 316 118 275 13 3,165,434 3,397,147 3,588,707 3,613,224 3,660,085 36,500,569 2,191,156 3,386,602 3,547,385 3,599,275 3,587,916 1 (LL). West and Central Africa: 5 Landlocked Developing Countries Mali (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 848 49 109 53 43 28 345 10 40 36 24 1 66 0 16 0 0 0 264 9 24 34 24 1 9 0 0 2 0 0 0 0 0 0 0 0 5 1 0 0 0 0 4,477 305 383 432 496 445 4,770 411 437 345 363 333 32 2 10 -5 -7 -7 0 0 0 0 0 0 8,841 9,894 10,713 10,840 11,095 29,154 2,570 2,305 2,414 2,307 2,277 Burkina Faso 1990-2001Tot (ldc) 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,030 87 55 116 77 140 349 26 29 32 1 35 11 1 1 0 1 0 321 24 24 32 1 35 10 0 2 0 0 0 4 0 1 0 0 0 2 0 1 0 0 0 3,893 283 298 392 374 449 4,584 391 396 359 329 364 -29 -1 -4 -3 -5 -3 0 0 0 0 0 0 9,406 10,290 11,139 11,274 11,553 29,413 2,709 2,269 2,375 2,173 2,310 Niger (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 365 23 27 40 49 72 90 4 9 9 33 3 32 0 7 1 3 0 58 4 2 9 30 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,450 171 183 259 291 305 3,447 348 295 219 193 236 -259 7 -42 -30 -24 -38 0 0 0 0 0 0 8,070 9,256 10,662 10,832 11,193 24,181 2,312 1,791 1,942 1,808 1,913 Chad (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 628 65 23 69 140 32 363 35 16 40 111 3 132 9 4 20 73 2 215 23 11 20 38 1 3 0 1 0 0 0 0 0 0 0 0 0 13 3 0 0 0 0 2,167 158 158 226 359 186 2,443 242 225 143 103 150 6 0 0 2 -1 9 64 0 0 16 63 0 5,875 6,690 7,595 7,694 7,917 15,855 1,181 1,230 1,553 1,398 1,595 Recipient Country Year (1) Total Commitments for Physical (2) (3) (4) (5) (6) (7) (8) (9) of which: of which: For comparison: Transport Transp. Policy Road Rail Water Air Total Gross ODA net Sector & Administrtv. Transport Transport Transport Transport Commitments Disburs- (10) OOF net Disburs- (11) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) Infrastructure (all types) code:210 Management code:21010 (incl. Ports) (all purposes) code21020 code21030 code21040 code21050 code: 999 ments (All ments (All pipelines) Purposes) Purposes) code:32262 1 (LL). West and Central Africa: 5 Landlocked Developing Countries (continued) Central Afr.Rep1990-2001Tot (ldc) 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 457 40 45 29 29 11 339 28 37 20 28 11 89 16 0 7 6 0 246 12 36 13 22 11 0 0 0 0 0 0 1 0 0 0 0 0 2 0 0 0 0 0 1,216 122 87 95 110 70 1,654 183 146 85 70 61 -19 -2 -2 -1 -1 0 0 0 0 0 0 0 3,096 3,314 3,659 3,717 3,771 12,950 1,231 1,008 999 952 976 1 (TR). West and Central Africa: 11 Transit Countries Senegal (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,329 76 102 155 79 223 393 30 9 59 70 33 245 18 3 41 70 0 105 5 3 19 0 33 34 6 3 0 0 0 5 1 0 0 0 0 5 1 0 0 0 0 5,676 447 409 563 590 436 6,478 613 551 455 415 396 43 23 -8 -4 -8 -9 1 0 0 0 0 0 7,704 8,521 9,407 9,530 9,770 57,656 5,537 4,358 4,519 4,286 4,542 Guinea (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 767 99 57 36 15 41 264 44 6 15 6 0 1 0 0 0 0 0 239 41 5 14 1 0 9 2 0 0 0 0 2 0 0 0 0 0 14 1 1 1 5 0 3,277 312 246 262 151 388 3,594 354 325 220 139 224 -7 4 10 -16 -10 -19 2 1 0 0 0 0 5,993 6,673 7,333 7,415 7,580 38,084 2,776 3,614 3,131 2,932 2,784 Cote d`Ivoire 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,169 94 104 95 37 16 534 14 39 80 25 0 270 0 0 68 21 0 191 12 28 8 0 0 33 0 7 1 0 0 6 0 0 2 4 0 25 2 2 2 0 0 9,345 901 871 564 366 157 8,281 694 915 461 378 242 151 228 -77 -114 -86 -100 23 0 0 6 0 0 12,799 13,920 15,787 16,013 16,410 111,647 8,582 8,875 10,454 9,838 9,782 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 3,000 222 279 249 99 306 1,494 108 92 173 44 240 192 47 0 1 0 0 1,142 42 75 168 39 232 104 10 15 1 0 0 32 3 1 4 4 8 24 6 0 0 0 0 8,453 683 618 812 658 860 7,477 599 638 633 599 638 143 24 36 -24 -23 -10 1 0 0 0 0 0 15,588 17,306 19,062 19,306 19,708 74,072 6,114 6,198 6,206 4,831 5,107 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 286 30 28 14 8 2 104 7 15 4 0 0 0 0 0 0 0 0 76 2 13 4 0 0 0 0 0 0 0 0 17 2 2 0 0 0 10 2 0 0 0 0 1,240 117 118 75 51 37 1,615 184 139 81 76 48 -22 -4 -3 1 0 0 0 0 0 0 0 0 3,763 4,169 4,507 4,527 4,654 16,190 1,486 1,262 1,301 1,192 1,235 Ghana Togo (ldc) Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 1 (TR). West and Central Africa: 11 Transit Countries (continued) (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) OOF net Disbursments (All Purposes) (11) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 Benin (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 762 61 64 66 79 33 443 22 41 48 50 26 53 0 10 3 0 0 362 19 26 45 49 26 23 2 3 0 0 0 4 0 1 0 1 0 1 0 0 0 0 0 2,566 195 213 233 269 172 2,888 256 238 228 239 263 35 13 -1 -3 -11 -1 0 0 0 0 0 0 4,934 5,555 6,192 6,272 6,437 24,516 1,948 1,929 2,252 2,150 2,249 Nigeria 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,959 394 52 43 56 115 178 44 0 0 0 0 2 1 0 0 0 0 167 42 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 2 0 0 0 0 6,337 1,074 148 362 656 585 2,467 261 190 166 166 158 -261 631 -213 -483 -576 -550 218 55 0 0 0 0 105,822 112,884 125,377 126,910 129,881 363,994 28,700 28,377 33,922 36,727 38,082 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,058 112 66 87 40 122 698 83 30 61 26 58 27 0 3 4 4 11 502 62 10 54 21 47 93 16 6 2 0 0 57 4 8 2 0 0 15 0 4 0 0 0 7,345 590 601 645 449 608 5,690 549 507 367 308 373 1,059 192 67 6 -64 -42 54 0 0 13 53 0 12,202 13,418 14,734 14,876 15,198 106,584 10,563 7,750 8,333 8,285 8,094 Congo, Rep.of 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 115 18 9 1 1 2 88 13 8 1 0 2 10 2 0 0 0 0 54 6 7 0 0 2 22 4 1 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 1,676 117 204 98 48 96 2,015 143 289 71 27 68 465 51 88 -23 -15 -58 62 0 16 0 0 0 2,376 2,634 2,960 3,018 3,104 24,304 2,422 1,733 1,921 2,232 2,096 Sudan (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 115 24 1 3 3 5 31 7 1 0 0 0 2 1 0 0 0 0 22 6 0 0 0 0 3 1 0 0 0 0 0 0 0 0 0 0 4 0 1 0 0 0 1,940 186 92 207 234 168 3,765 546 204 191 211 149 3 0 5 -4 -9 0 0 0 0 0 0 0 25,901 26,942 30,424 31,095 31,688 99,630 8,072 7,193 9,643 10,253 10,795 Algeria 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,562 102 107 181 129 230 552 76 51 12 31 15 45 2 0 9 29 9 223 12 42 1 0 5 78 19 0 1 2 0 149 28 9 0 0 0 58 14 0 0 0 0 8,862 757 1,091 368 320 406 3,330 321 311 200 154 177 7,780 507 1,479 -42 -240 40 199 50 0 0 0 0 25,962 28,276 30,188 30,400 30,894 564,626 50,817 42,193 48,147 50,606 51,320 Cameroon Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) OOF net Disbursments (All Purposes) (11) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 2 (LL). East Africa: 4 Landlocked Developing Countries Ethiopia (ldc) 1990-2001Tot 1990-93 Av 1,981 113 1,178 65 9 1 1,099 54 1 0 0 0 69 10 8,699 644 9,398 865 120 16 74 0 51,948 77,713 7,066 1994-97 Av 1998-01 Av 2000 2001 130 252 46 236 39 191 30 91 0 1 0 1 31 189 30 90 0 0 0 0 0 0 0 0 7 0 0 0 598 933 928 988 771 714 637 999 22 -8 -19 -19 19 0 0 0 57,320 63,541 64,298 65,817 5,974 6,389 6,331 6,315 Uganda (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,830 118 143 197 139 391 641 41 54 65 54 66 85 2 19 0 0 0 457 25 25 64 54 66 32 5 2 1 0 0 0 0 0 0 0 0 67 9 8 0 0 0 8,790 625 551 1,022 1,687 981 7,983 591 703 701 824 790 -228 -12 -26 -19 -41 -11 0 0 0 0 0 0 17,472 19,457 21,880 22,210 22,792 55,799 2,201 5,496 6,254 6,156 5,697 Rwanda (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 407 68 25 8 9 7 201 37 13 0 0 0 53 2 11 0 0 0 143 34 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 3,315 229 265 334 456 255 4,133 311 427 295 268 273 19 0 0 4 2 2 0 0 0 0 0 0 7,292 6,813 8,407 8,508 8,706 20,224 1,908 1,298 1,851 1,776 1,683 Burundi (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 251 55 4 4 1 1 98 24 0 0 0 0 0 0 0 0 0 0 97 24 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,463 181 73 112 133 119 1,924 253 136 92 89 128 -32 -3 -3 -2 0 0 0 0 0 0 0 0 5,727 6,271 6,743 6,807 6,939 11,138 1,096 960 729 664 679 2 (TR). East Africa: 6 Transit Countries Eritrea (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 129 1 19 12 21 4 35 0 8 1 0 0 0 0 0 0 0 0 27 0 7 0 0 0 0 0 0 0 0 0 6 0 1 1 0 0 2 0 1 0 0 0 1,361 38 125 177 325 203 1,309 13 132 183 164 272 0 0 0 0 0 0 3 0 1 0 0 0 848 3,625 4,043 4,097 4,205 7,147 257 736 794 725 821 Djibouti (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 234 32 19 7 19 7 126 17 10 5 18 0 2 0 0 0 1 0 71 10 4 4 15 0 0 0 0 0 0 0 53 7 6 1 2 0 0 0 0 0 0 0 676 67 44 58 73 48 1,170 132 98 62 61 46 -2 0 0 0 0 0 0 0 0 0 0 0 521 620 633 632 645 5,119 234 489 558 569 589 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 2 (TR). East Africa: 6 Transit Countries (continued) Somalia (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 124 27 1 2 3 3 27 6 1 1 1 0 4 1 0 0 0 0 22 5 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1,082 131 64 76 69 101 3,224 497 207 103 90 137 -2 -1 0 0 0 0 0 0 0 0 0 0 7,944 8,941 8,854 8,778 9,089 n.a. n.a. n.a. n.a. n.a. n.a. Kenya 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 2,011 178 199 126 105 143 908 91 66 70 9 93 123 1 29 1 0 0 621 60 33 63 8 93 12 1 1 1 0 0 19 2 0 3 0 0 133 27 4 2 0 0 7,592 853 497 548 977 465 7,426 839 591 427 470 450 -951 -46 -115 -77 -60 -26 15 0 0 4 15 0 24,849 27,309 29,759 30,092 30,736 107,442 7,546 8,775 10,540 10,224 10,276 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 3,512 440 201 237 244 436 1,643 202 101 108 169 117 221 4 44 8 16 0 1,052 123 49 91 149 108 258 51 5 9 0 8 107 24 2 0 1 0 3 0 0 1 3 0 12,392 1,239 669 1,191 1,281 1,634 11,895 1,089 867 1,017 970 1,186 -159 -16 -27 3 25 2 0 0 0 0 0 0 26,249 30,059 33,300 33,696 34,451 66,327 2,889 4,948 8,746 8,985 9,076 Congo,Dem.Rep. 1990-2001Tot (ldc) 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 285 55 12 5 2 12 120 21 7 2 0 8 5 1 0 0 0 0 61 9 5 2 0 7 33 6 2 0 0 0 0 0 0 0 0 0 21 5 0 0 0 0 2,269 293 130 144 166 234 2,968 444 146 152 156 206 645 153 14 -6 -3 -1 0 0 0 0 0 0 38,801 44,579 50,276 50,948 52,360 50,159 6,092 5,203 1,245 n.a. n.a. Tanzania (ldc) 3 (LL). Southern Africa: 6 Landlocked Developing Countries Malawi (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 896 85 75 64 26 41 365 30 21 40 5 15 2 0 0 0 0 0 335 27 16 40 5 15 17 0 4 0 0 0 8 2 0 0 0 0 1 0 0 0 0 0 4,944 358 381 497 596 275 4,881 395 402 423 431 394 -92 -8 -12 -3 -3 -6 0 0 0 0 0 0 9,161 9,886 10,368 10,311 10,527 22,057 1,877 1,874 1,763 1,666 1,789 Zambia (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,195 79 105 114 111 58 525 32 55 45 42 26 12 2 0 1 0 2 451 24 52 37 10 23 44 3 1 7 27 0 0 0 0 0 0 0 18 1 2 1 5 0 9,146 957 613 716 1,070 361 8,003 797 661 542 752 475 -651 -50 -67 -46 -127 -6 30 0 8 0 0 0 8,527 9,091 9,980 10,089 10,283 35,169 2,405 3,237 3,151 3,094 3,509 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 3 (LL). Southern Africa: 6 Landlocked Developing Countries (continued) Zimbabwe Botswana 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,350 150 159 28 4 6 428 62 36 9 0 0 12 3 0 0 0 0 289 44 20 9 0 0 99 10 15 0 0 0 2 0 0 0 0 0 26 5 1 0 0 0 5,467 693 429 245 178 111 4,300 446 403 226 206 157 485 138 9 -26 -36 -34 0 0 0 0 0 0 10,212 11,125 12,382 12,627 12,821 78,130 5,661 7,055 6,816 6,961 8,811 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 326 59 22 1 130 31 1 0 1 0 0 0 119 28 1 0 4 1 0 0 0 0 0 0 6 1 0 0 782 107 60 28 1,045 122 85 54 -23 17 -17 -5 0 0 0 0 1,317 1,475 1,592 53,589 3,403 4,626 5,369 2000 2001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34 30 28 25 2 -17 0 0 1,602 1,616 5,693 5,525 Lesotho (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 520 73 27 29 6 6 108 5 12 11 1 2 0 0 0 0 0 0 107 5 12 11 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,048 123 57 83 54 77 1,067 119 101 47 40 50 150 20 21 -3 10 2 0 0 0 0 0 0 1,844 1,975 2,041 2,035 2,062 14,024 1,115 1,260 1,131 1,147 1,006 Swaziland 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 246 27 16 18 4 50 180 20 9 16 1 46 67 17 0 0 0 0 112 3 9 15 0 46 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 568 48 47 47 28 110 427 45 38 23 11 25 -3 -9 5 3 4 10 0 0 0 0 0 0 837 916 1,031 1,045 1,069 13,981 914 1,226 1,356 1,435 1,283 3 (TR). Southern Africa: 4 Transit Countries Mozambique (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 2,899 206 190 329 360 310 1,255 101 93 121 86 189 405 21 48 33 1 21 605 38 33 80 85 169 77 16 3 1 0 0 162 25 8 7 0 0 6 1 1 0 0 0 12,609 1,092 903 1,157 1,439 1,095 11,742 1,070 975 890 828 927 749 12 55 121 129 9 1 0 0 0 0 0 15,433 16,149 17,507 17,691 18,072 27,465 1,207 2,111 3,549 3,582 3,212 South Africa 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 824 17 142 47 13 61 518 0 105 24 1 47 1 0 0 0 0 0 191 0 36 11 0 46 48 0 0 12 1 0 276 0 69 0 0 0 2 0 0 0 1 1 4,569 144 505 493 565 478 3,719 67 377 486 481 419 1,211 0 178 125 63 83 10 0 0 2 0 2 484,253 38,031 40,645 42,388 42,801 43,240 1,337,624 80,852 129,706 123,849 124,684 112,673 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 3 (TR). Southern Africa: 4 Transit Countries (continued) Namibia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 542 40 50 46 17 82 181 8 20 17 14 37 8 1 1 1 1 1 127 7 17 7 13 0 36 0 0 9 0 36 10 0 2 0 0 1 0 0 0 0 0 0 1,519 142 112 126 104 144 1,821 143 164 149 145 103 17 1 0 3 3 7 0 0 0 0 0 0 19,258 1,518 1,564 1,733 1,757 1,793 36,461 2,404 3,307 3,404 3,468 3,193 Angola (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 787 136 32 29 30 35 82 14 1 5 10 2 5 1 0 1 2 1 73 13 0 4 8 0 2 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 4,190 323 478 247 272 248 3,701 253 371 302 262 259 262 12 96 -43 -46 -12 150 26 12 0 0 0 135,950 10,084 11,049 12,854 13,134 13,513 44,055 1,627 3,726 5,662 7,063 7,863 4 (LL). Central Asia and the Caucasus: 8 Landlocked Developing Countries Afghanistan (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 43 7 1 3 3 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,409 74 86 191 121 416 2,424 233 174 198 119 387 0 0 0 0 0 0 0 0 0 0 0 0 238,357 9,763 23,647 26,180 26,550 27,248 n.a. n.a. n.a. n.a. n.a. n.a. Tajikistan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 65 0 1 15 0 60 24 0 1 5 0 20 0 0 0 0 0 0 20 0 0 5 0 20 0 0 0 0 0 0 0 0 0 0 0 0 4 0 1 0 0 0 800 6 55 138 85 208 763 9 74 108 90 136 85 16 5 0 0 0 0 0 0 0 0 0 64,835 4,162 5,880 6,166 6,170 6,224 18,219 1,506 1,995 1,055 937 1,012 Kyrgystan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 391 0 51 46 25 51 272 0 32 36 22 30 22 0 0 6 22 0 196 0 19 30 0 30 0 0 0 0 0 0 0 0 0 0 0 0 55 0 14 0 0 0 1,876 30 207 232 241 212 1,765 34 197 211 196 175 53 9 6 -2 0 -8 0 0 0 0 0 0 51,186 3,361 4,550 4,886 4,915 4,968 23,286 2,109 2,340 1,373 1,290 1,466 Kazakhstan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,156 0 93 196 179 121 857 0 88 126 154 80 40 0 10 0 0 0 533 0 57 76 153 52 114 0 21 7 0 28 0 0 0 0 0 0 169 0 0 42 0 0 3,630 2 498 408 253 252 1,223 35 92 179 185 141 2,115 17 327 185 36 56 127 0 31 0 1 0 175,492 12,677 16,272 14,924 14,869 14,826 221,063 14,078 22,020 19,168 17,067 21,421 (12) (13) Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) OOF net Disbursments (All Purposes) (11) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 4 (LL). Central Asia and the Caucasus: 8 Landlocked Developing Countries (continued) Uzbekistan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 920 0 122 107 31 72 513 0 64 64 29 70 29 0 0 7 29 0 58 0 2 13 0 0 196 0 14 35 0 70 3 0 1 0 0 0 226 0 47 10 0 0 1,888 0 226 245 147 307 1,094 31 82 160 184 150 811 33 42 128 124 180 0 0 0 0 0 0 254,604 16,065 23,010 24,576 24,752 25,101 183,153 10,657 21,095 14,037 13,510 11,058 Turkmenistan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 106 0 26 0 0 0 71 0 18 0 0 0 34 0 9 0 0 0 0 0 0 0 0 0 37 0 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 262 3 51 12 14 12 265 10 21 36 30 69 597 30 16 103 158 40 1 0 0 0 0 0 50,362 2,971 4,543 5,077 5,199 5,294 40,790 2,716 3,626 3,856 4,227 5,000 Azerbaijan 506 0 24 102 21 58 0 4 11 0 3 0 0 1 0 40 0 0 10 0 0 0 0 0 0 0 0 0 0 0 15 0 4 0 0 1,295 0 111 212 144 1,131 28 110 145 132 346 6 41 40 42 21 0 5 0 0 84,332 5,478 7,591 8,014 8,049 44,237 2,636 3,684 4,740 4,924 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 Armenia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 46 43 3 40 0 0 0 126 204 9 0 8,115 5,337 324 0 26 55 48 21 73 0 8 10 40 0 40 0 0 10 40 0 31 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 1,733 1 203 229 207 251 1,612 32 190 181 210 195 85 15 4 2 2 4 0 0 0 0 0 0 37,685 1,852 3,767 3,802 3,803 3,810 19,530 1,109 1,830 1,944 1,932 2,064 4 (TR). Central Asia and the Caucasus: 5 Transit Countries Pakistan 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 8,306 1,094 824 159 358 52 1,533 266 104 13 1 36 194 46 0 2 1 3 883 160 50 11 0 33 318 34 46 0 0 0 114 23 6 0 0 0 21 3 2 0 0 0 21,136 2,097 1,644 1,544 1,437 2,388 11,816 968 896 1,091 759 1,883 4,291 537 365 171 111 26 54 13 0 0 0 0 1,527,761 117,926 127,539 136,476 138,080 141,451 670,109 48,059 60,168 59,301 59,605 57,454 Iran 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 622 101 0 54 215 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,060 196 689 130 366 55 1,442 88 147 125 116 96 2,482 29 686 -95 -712 539 0 0 0 0 0 0 738,486 59,481 61,882 63,258 63,664 64,658 1,175,349 94,637 93,393 105,808 101,396 120,835 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) OOF net Disbursments (All Purposes) (11) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 4 (TR). Central Asia and the Caucasus: 5 Transit Countries (continued) Turkey 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 4,816 529 326 349 46 215 1,494 132 130 112 45 35 40 1 0 9 0 34 1,004 124 63 64 0 0 444 5 67 39 45 0 0 0 0 0 0 0 5 1 0 0 0 0 15,319 1,197 575 2,058 2,218 2,705 4,641 867 169 124 318 163 -943 -338 -289 390 798 1,077 68 0 17 0 0 0 736,026 57,911 61,288 64,809 65,293 66,231 1,947,815 133,330 169,099 184,525 200,888 146,058 Georgia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 372 0 33 60 41 59 58 0 3 11 40 3 17 0 3 1 0 3 40 0 0 10 40 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1,679 1 173 246 212 263 1,657 33 188 193 162 247 201 26 21 3 2 2 10 0 0 3 0 10 53,052 2,718 5,417 5,128 5,024 5,020 34,911 1,576 3,969 3,183 3,034 3,158 Russia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 2,771 2 343 348 373 332 1,550 0 271 116 0 61 391 0 82 15 0 60 1,053 0 163 100 0 0 1 0 0 0 0 0 100 0 25 0 0 0 4 0 1 0 0 1 39,853 1,501 5,329 3,133 5,191 1,312 16,125 1,293 1,345 1,393 1,549 1,075 38,234 1,992 4,201 3,365 2,094 3,548 501 0 125 0 0 0 1,620,088 111,249 147,897 145,876 145,556 144,838 3,381,754 216,624 378,511 250,303 248,808 300,158 5 (LL). East and South Asia: 4 Landlocked Developing Countries Mongolia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 822 31 104 70 65 147 336 16 45 22 34 55 88 0 13 9 0 34 92 0 13 10 27 14 102 7 15 3 5 7 10 3 0 0 0 0 43 6 4 1 2 0 1,911 108 190 180 217 262 1,917 76 196 208 213 208 14 10 -6 0 0 0 0 0 0 0 0 0 28,368 2,225 2,478 2,389 2,398 2,423 9,102 416 892 968 955 1,031 Lao PDR (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,300 94 131 100 89 122 805 56 82 63 58 108 70 3 0 15 30 0 678 52 69 49 28 108 0 0 0 0 0 0 0 0 0 0 0 0 57 1 14 0 0 0 2,635 168 265 226 210 297 2,792 152 276 269 275 234 8 0 0 2 -1 -1 0 0 0 0 0 0 57,471 4,363 4,801 5,204 5,279 5,404 16,494 907 1,721 1,495 1,671 1,664 Bhutan (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 156 12 12 15 22 22 49 0 3 9 10 15 0 0 0 0 0 0 48 0 3 9 10 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 501 36 36 54 57 49 773 74 64 55 48 58 0 0 0 0 0 0 0 0 0 0 0 0 7,291 323 706 794 805 829 4,050 255 291 467 498 548 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 5 (LL). East and South Asia: 4 Landlocked Developing Countries (continued) Nepal (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 2,107 134 206 186 138 336 577 31 58 55 30 92 34 4 0 4 3 8 452 23 42 48 28 83 0 0 0 0 0 0 0 0 0 0 0 0 89 4 16 3 0 0 4,383 315 397 383 301 576 4,681 410 397 364 371 375 61 1 6 8 10 -2 3 1 0 0 0 0 256,498 19,701 21,429 22,995 23,043 23,585 54,031 3,563 4,548 5,396 5,687 5,756 512 14,491,515 54 1,156,906 67 1,208,439 6 1,257,535 25 1,262,461 0 1,271,901 8,714,026 423,428 728,034 1,027,045 1,065,283 1,139,848 5 (TR). East and South Asia: 5 Transit Countries China 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 40,592 2,609 4,205 3,334 3,043 2,877 21,294 1,331 1,997 1,995 1,675 1,954 1,156 40 5 245 105 101 7,309 291 555 982 1,090 686 8,147 754 837 445 433 706 2,737 172 380 133 0 100 1,424 75 171 110 47 361 71,213 5,210 7,504 5,089 4,753 4,168 29,556 2,578 2,825 1,986 1,711 1,445 20,150 1,221 2,943 874 -533 1,347 Vietnam 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 8,571 104 971 1,068 1,041 1,008 3,735 45 340 549 733 429 313 1 7 70 135 0 2,687 42 237 393 441 363 203 0 33 18 0 54 513 0 64 64 154 8 19 1 0 4 3 4 15,617 315 1,726 1,863 1,582 2,095 9,908 286 794 1,397 1,671 1,354 855 23 178 13 -135 -35 0 0 0 0 0 0 883,756 68,596 74,322 78,021 78,523 79,527 228,289 5,675 21,367 30,031 31,349 32,903 Thailand 1990-2001Tot 1990-93 Av 1994-97 Av 12,031 1,217 1,151 6,886 521 664 117 21 0 3,246 393 362 2,591 90 203 72 18 0 761 0 74 26,085 1,619 2,699 8,166 676 711 11,407 231 1,096 0 0 0 705,393 56,710 59,137 1,488,091 100,104 156,686 1998-01 Av 2000 2001 640 869 54 536 778 34 8 0 0 57 181 34 354 425 0 0 0 0 117 172 0 2,203 966 158 654 633 275 1,525 -1,845 -802 0 0 0 60,502 60,728 61,239 115,233 120,363 113,365 Cambodia (ldc) 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 831 23 100 85 22 114 432 13 48 47 17 34 31 6 1 1 0 0 310 7 35 35 17 34 2 0 0 0 0 0 67 0 8 9 0 0 22 0 4 2 0 0 3,054 113 329 321 404 360 3,320 121 372 337 371 390 46 3 7 2 0 0 0 0 0 0 0 0 116,512 6,927 10,315 11,886 12,022 12,267 29,906 1,501 2,883 3,093 3,173 3,374 India 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 23,306 2,398 2,053 1,375 2,211 2,355 5,338 347 399 588 1,081 1,247 99 1 24 0 0 0 3,899 149 259 567 1,077 1,189 654 77 71 15 2 57 671 120 42 6 1 0 15 0 3 0 1 0 54,463 5,191 4,902 3,522 4,200 4,380 21,352 1,945 1,864 1,530 1,417 1,662 6,960 1,147 431 162 -117 -274 680 11,271,447 132 873,499 0 937,737 38 1,006,626 0 1,015,924 0 1,033,390 4,321,505 279,230 354,917 446,230 453,179 474,556 Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) (12) (13) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 6 (LL). South East Europe: 2 Landlocked Developing Countries FYRMacedonia1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 Moldova 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 218 0 10 44 38 50 75 0 6 13 10 7 66 0 6 11 10 0 7 0 0 2 0 7 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,387 0 126 221 247 213 1,203 1 88 212 240 241 2 0 -4 5 1 -11 0 0 0 0 0 0 18,357 515 2,049 2,026 2,031 2,044 27,069 950 2,328 3,489 3,528 3,391 22 0 3 2 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 857 0 112 102 96 106 607 10 53 89 109 106 243 9 39 12 -2 -5 0 0 0 0 0 0 43,214 2,185 4,333 4,286 4,282 4,273 26,136 2,273 2,804 1,458 1,362 1,522 6 (TR). South East Europe: 4 Transit Countries Albania 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 513 6 61 61 103 60 166 5 19 18 14 18 28 5 0 2 9 0 55 0 10 3 0 0 14 0 1 3 2 0 34 0 0 9 2 16 35 0 8 1 1 2 2,038 66 140 303 282 199 2,991 257 173 318 299 256 264 61 6 0 -1 0 0 0 0 0 0 0 39,689 3,269 3,260 3,394 3,411 3,441 26,558 612 2,280 3,747 3,859 4,262 Yugoslavia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 205 0 0 51 35 157 73 0 0 18 6 67 60 0 0 15 0 59 9 0 0 2 4 6 3 0 0 1 1 2 0 0 0 0 0 0 1 0 0 0 1 0 4,000 0 25 975 715 2,613 3,412 0 78 775 1,065 1,253 -6 0 -1 -1 -2 0 0 0 0 0 0 0 129,644 11,225 10,554 10,632 10,637 10,645 9,802 n.a. n.a. 2,451 n.a. n.a. Bulgaria 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 551 0 80 57 12 94 306 0 24 53 10 90 8 0 0 2 7 0 30 0 0 7 2 27 158 0 24 16 0 63 110 0 0 28 0 0 0 0 0 0 0 0 2,475 134 186 298 279 317 2,401 146 165 288 309 342 2,426 352 154 101 43 -92 1 0 0 0 0 0 92,446 6,544 8,378 8,189 8,167 8,124 110,450 5,250 10,345 12,019 11,674 12,236 Romania 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 904 0 115 110 22 217 669 0 68 99 17 212 18 0 0 4 17 0 220 0 38 18 0 0 331 0 30 53 0 211 98 0 0 25 0 0 1 0 0 0 0 0 4,285 243 467 361 157 525 3,658 241 220 454 430 642 4,193 549 293 207 325 -29 176 0 44 0 0 0 272,380 23,001 22,646 22,448 22,435 22,397 330,169 12,757 31,647 38,138 36,612 39,380 (12) (13) Recipient Country Year (1) Total Commitments for Physical Infrastructure (all types) (2) (3) (4) (5) of which: of which: Transport Transp. Policy Road Rail Sector & Administrtv. Transport Transport Management code:210 code:21010 code21020 code21030 (6) (7) (8) (9) For comparison: Water Air Total Gross ODA net Transport Transport Commitments Disburs(incl. Ports) (all purposes) ments (All code21040 code21050 code: 999 Purposes) (10) (11) OOF net Disbursments (All Purposes) Oil and Gas Population GNP (including (thousands) ($ million) pipelines) code:32262 7 (LL). Latin America: 2 Landlocked Developing Countries Bolivia 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,484 188 105 79 96 19 688 104 24 43 31 1 56 0 0 14 2 0 554 95 14 29 29 0 16 4 0 0 0 0 3 0 1 0 0 0 59 6 9 0 0 0 8,474 631 738 750 959 625 7,239 533 682 595 475 721 -2 67 -20 -48 -57 -35 70 14 1 3 5 0 91,596 7,164 7,502 8,233 8,329 8,516 78,146 4,908 6,561 8,068 8,065 7,750 Paraguay 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,291 82 157 84 68 107 648 42 41 79 67 100 352 26 21 42 67 100 296 17 20 37 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,944 180 247 309 649 148 1,117 103 103 74 81 61 292 -43 32 83 120 50 0 0 0 0 0 0 59,249 4,495 4,890 5,428 5,496 5,636 90,641 5,850 9,089 7,722 7,554 6,954 7 (TR). Latin America: 4 Transit Countries Peru 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 3,862 76 598 292 341 58 1,778 61 256 128 1 50 751 53 60 75 0 0 850 2 158 52 0 50 24 6 0 0 1 0 153 0 38 0 0 0 0 0 0 0 0 0 16,528 966 1,816 1,350 1,337 793 5,049 479 347 437 388 443 7,425 539 773 544 689 376 8 0 2 0 0 0 286,314 22,265 23,869 25,445 25,661 26,088 566,403 31,861 57,166 52,575 51,969 52,751 Chile 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 1,011 199 45 9 1 5 773 154 39 1 0 1 248 61 0 1 0 0 310 47 30 0 0 0 143 27 8 0 0 0 72 18 0 0 0 0 0 0 0 0 0 0 4,343 708 121 256 30 500 1,417 130 155 69 47 56 -2,315 133 -702 -10 -228 92 0 0 0 0 0 0 171,632 13,481 14,315 15,112 15,212 15,397 657,632 34,805 62,987 66,617 68,142 61,402 Argentina 1990-2001Tot 1990-93 Av 4,424 378 664 3 178 0 475 1 0 0 3 0 7 2 30,408 1,774 1,767 231 15,335 1,104 29 7 418,997 33,011 2,887,187 161,851 1994-97 Av 1998-01 Av 2000 2001 Brazil 1990-2001Tot 1990-93 Av 1994-97 Av 1998-01 Av 2000 2001 253 475 94 117 27 136 94 0 26 18 74 0 0 118 20 0 0 0 0 0 1 0 0 0 0 0 0 0 2,628 3,200 670 2,553 126 86 50 143 1,184 1,545 631 1,473 0 0 0 1 34,934 36,804 37,032 37,479 283,650 276,296 277,583 259,625 11,488 772 1,124 976 633 1,060 6,016 355 731 418 190 305 2,907 128 304 295 45 165 2,286 174 275 122 143 140 606 0 151 0 0 0 215 54 0 0 0 0 0 0 0 0 0 0 38,002 2,494 2,994 4,012 3,193 3,076 2,068 48 256 212 228 224 13,602 338 12 3,050 3,859 2,547 310 0 33 45 180 0 1,932,136 153,399 160,382 169,253 170,406 172,564 6,757,511 409,739 697,021 582,618 569,726 482,762 TABLE 5: Commitments of Official Development Finance for the Transport Sector in 31 Landlocked Developing Countries, by Individual Project and Donor, 1998-2001 LLDCs Listed by Region Source: OECD/DAC Creditor Reporting System Commit. Year Donor Name Agency Recipient Name Commitment Grant Date Element Amount US$(000) First Repay Date Final Repay Date Interest Expected Expected Starting Completion Date Date Short Description West and Central Africa: 1999 1998 1998 1999 1999 2000 2000 2000 2001 1998 1998 2000 2001 1999 2001 France France EC Netherlands Spain France France EC Spain France France Portugal Portugal United States United States MAE AFD EDF MFA AG AFD MAE EDF MISC AFD AFD ICP ICP TDA TDA MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI MALI 12/31/1999 1/9/1998 1/12/1998 1/7/1999 12/31/1999 1/9/2000 12/31/2000 12/31/2000 12/31/2001 1/2/1998 1/2/1998 12/31/2000 12/31/2001 12/31/1999 12/31/2001 100 100 100 100 100 100 100 100 100 62 100 100 100 100 100 25 14,917 95,068 7 14 9,400 8 14,745 2 5,933 1,695 51 13 288 145 2000 2001 1998 1999 1999 2000 2000 2001 2001 1998 France EC EC EC UNDP Belgium EC Germany AfDF Belgium AFD EDF EDF EDF BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO BURKINA FASO 1/12/2000 12/31/2001 1/12/1998 12/31/1999 12/31/1999 1/12/2000 12/31/2000 2/27/2001 11/14/2001 1/12/1998 100 100 100 100 100 100 100 100 87 100 922 39 49,211 43,687 104 160 369 6,868 28,008 276 2000 2000 2001 1998 1998 1998 1998 1999 2000 2000 2000 2001 2001 Italy Switzerland Italy Canada EC EC EC EC EC EC EC AfDF EC DGCS DDC DGCS CIDA EDF EDF EDF EDF EDF EDF EDF NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER NIGER 9/21/2000 1/12/2000 1/1/2001 2/12/1998 1/12/1998 1/12/1998 1/12/1998 12/31/1999 12/31/2000 12/31/2000 12/31/2000 5/18/2001 12/31/2001 100 100 100 100 100 100 100 100 100 100 100 83 100 236 2,458 223 337 235 45 537 64 74 18,892 11,520 1,757 5/18/2011 5/18/2051 672 URBAN AND EXTRA-URBAN TRANSPORT SYSTEMS 01.01.1997 1/12/2003 ROUTES RURALES GAYA URBAN AND EXTRA-URBAN TRANSPORT SYSTEMS 9-Nov-98 APP.REFECTION INFRAS. ROUTIERE ETUDE ROUTE FILINGUE-TAHOUA + IMPACT PROJET ROUTE NIAMEY-DOSSO ETUDE TECHN. POUR REHAB. ROUTE TRANSPORT: EXPERTISE SUR L'ETAT DE PONTS ETUDE DE PRE-FAISABILITE DES ROUTES REHABILITATION DE LA ROUTE DE NIAMEY REHABILITATION DE LA ROUTE NIAMEY 0.75 ETUDE DU PROGRAMME ROUTIER TRANSPORTS :ASSISTANCE TECHNIQUE AU MINISTERE 1998 1999 2000 2000 2001 2001 1998 1998 1998 1998 1999 1999 1999 1999 2000 2000 2000 2000 2000 2001 1999 2000 2001 Switzerland Switzerland France IDA Switzerland EC Portugal EC EC EC Germany EC EC EC AfDF EC EC EC EC EC France France France DDC DDC AFD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD 11/1/1998 2/1/1999 1/7/2000 10/26/2000 1/8/2001 12/31/2001 1/6/1998 1/12/1998 1/12/1998 1/12/1998 1/12/1999 12/31/1999 12/31/1999 12/31/1999 4/27/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2001 12/31/1999 12/31/2000 12/31/2001 100 100 100 80 100 100 100 100 100 100 100 100 100 100 83 100 100 100 100 100 100 100 100 690 2,635 5,714 67,000 2/15/2011 8/15/2040 524 1,706 20 43 36,349 503 4,358 639 64 69 15,825 4/27/2010 4/27/2050 3,898 1,625 328 16,266 669 204 209 30 10/1/1998 10/1/2000 TRANSPORT : DVPT RURAL MELFI 1/1/1999 10/1/2001 PISTES RURALES: POLITIQUES DE TRANSPORT 7/1/2000 1/7/2005 FINANCT. TRANSPORT/OUVRAGES 0.75 NATIONAL TRANSPORTATION PROGRAM SUPPORT PROJECT 1/10/1996 1/1/2002 PISTES RURALES DOUKOUR TRANSPORT : APPUI TECHNICO-INSTITUTIONNEL STUDY ABOUT A ROAD PROJECT AMENAGEMENT DU PONT DE CHAGOUA ROUTE: INTEGRAT. ECO REGION. AFR. ROUTE MOUNDOU-DOBA - ETUDES DE FAIS. 1/1/1900 1/6/1901 ROAD CONSTRUCTION, GUELEN GDENG BONGOR TRANSPORT:ENTRETIEN PISTES RURALES TABLE RONDE TRANSPORTS ROUTIERS AT POUR L'ORG. TABLE RONDE TRANSPORT ROUTE 0.75 PROJET D'AMENAGEMENT DE LA ROUTE MASSAGU ROUTE KELO - MOUNDOU ROUTE KELO - MOUNDOU ROUTE KELO - MOUNDOU ROUTE KELO - MOUNDOU ROUTE DOBA-SAHR ETUDES TECHNIQUES TRANSPORTS AERIENS AIR TRANSPORT APPUI AUX TRANSPORTS AERIENS DGIC EDF KFW AGCD EDF DDC EDF GP EDF EDF EDF KFW EDF EDF EDF EDF EDF EDF EDF EDF MAE MAE MAE 1-Sep-98 1/6/1999 9/1/2000 1/4/2006 1/10/2019 1/5/2022 1/11/2051 1.5 01-Feb-98 01-Feb-98 01.01.00 POLITIQUE DES TRANSPORTS 1/9/2003 CONSTRUCTION ROUTE PROJET SECTORIEL DES TRANSPORTS 1/12/1999 RÉFECTION DE LA ROUTE MAKANDIA ROAD TRANSPORT 1/9/2005 REVETEMENT ROUTE KAYES AMENAGEMENT ROUTE ROAD TRANSPORT ROUTES : APPUI AU PROJET SECTORIEL DES TRANSPORTS ROAD TRANSPORT 1/2/2003 VOLET FERROVIAIRE PROG. SECTOR 1/2/2003 VOLET FERROVIAIRE PROG. SECTOR 12/1/2000 RÉHABILITATION D'UN NAVIRE DE CROISIÈRE FLUVIALE - NIGER 2000 REPARATION DU BATEAU FLUVIAL "TOMBOCTU" AIR TRANSPORT BAMAKO-SENOU AIRPORT EXPANSION 12/1/2000 1/12/2005 FONDS ETUDES SECTORIEL TRANSPORT AT SYSTEME LOGICIELS INFORMATIQUES ROUTES: PG PASEC-T & ENTRET.PERIOD. TRANSP. ROUTIER: APPUI AU PRGM SECTORIEL REFECTION DE LA ROUTE BOULSA - TOUGOURI ROUTES LIPTAKO GOURMA (ETUDE) ETUDE ENTRETIEN PERIODIQUE ROUTE 04.01.2001 1/11/2004 REHABILITATION NATIONAL ROAD 16 FROM PK 91 UNTIL FRONTIER WITH TOGO 0.75 PROGRAMME ROUTIER REHABILITATION MOTEURS LOCOMOTIVES Commit. Year Donor Name Agency Recipient Name Commitment Grant Date Element Amount US$(000) 1998 2000 2000 1998 1998 1999 1999 1999 2000 2000 2000 2000 2001 2001 2000 2001 2000 2001 EC EC EC Japan EC Japan Japan EC Germany Germany Japan Japan France Japan France France France France EDF EDF EDF MOFA EDF MOFA MOFA EDF KFW GTZ MOFA MOFA AFD MOFA MAE MAE MAE MAE CENTRAL AFR. REP. 1/12/1998 CENTRAL AFR. REP.12/31/2000 CENTRAL AFR. REP.12/31/2000 CENTRAL AFR. REP. 12/8/1998 CENTRAL AFR. REP. 1/12/1998 CENTRAL AFR. REP. 6/6/1999 CENTRAL AFR. REP.12/21/1999 CENTRAL AFR. REP.12/31/1999 CENTRAL AFR. REP. 3/31/2000 CENTRAL AFR. REP.12/31/2000 CENTRAL AFR. REP. 5/25/2000 CENTRAL AFR. REP. 3/7/2000 CENTRAL AFR. REP. 1/3/2001 CENTRAL AFR. REP. 7/20/2001 CENTRAL AFR. REP.12/31/2000 CENTRAL AFR. REP.12/31/2001 CENTRAL AFR. REP.12/31/2000 CENTRAL AFR. REP.12/31/2001 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 20,944 922 4,608 9,679 50 10,123 202 288 4,241 10 8,210 9,165 2,687 7,893 314 229 314 229 ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA 100 83 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 80 80 100 100 100 100 100 82 100 100 100 100 100 100 100 100 100 100 100 4 4,612 20 15 108 2 22 100 8 9 5 11 260 74 100 9 69 23 7 24 22,735 41 3 6 1,014 9,710 309,200 25,095 67,107 27,961 134,213 3,902 36,488 5,085 6 106 425 12 59 28 18 37 101 139 24 First Repay Date 1/1/1900 Final Repay Date Interest Expected Expected Starting Completion Date Date Short Description APPUI PGM SECTORIEL DES TRANSPORTS REHABILITATION ROUTE BOUAR GARO APPUI AU PROGRAMME SECTORIEL DES TRANSPORTS NATIONAL ROADS CONSTRUCTION PROJECT AUDIT DU FONDS ROUTIER CONSTRUCT BITUMEN ON NATIONAL ROADS RECONSTRUCTION OF BRIDGE:NATL ROAD 1 ROUTES:AT APPUI INSTITUTIONNEL 1/5/2000 1/4/2003 LIM-BRIDGE REHABILITATION ROAD TRANSPORT RECONSTRUCTION OF BRIDGE ON NATIONAL ROUTE1 CONSTRUCTION FOR BITUMEN ON NATIONAL ROADS 1/3/2001 1/12/2004 CONSTRUCTION DE 2 OUVRAGES D'ART PROJECT OF CONSTRUCTION OF NATIONAL ROUTE NO3 WATER TRANSPORT TRANSPORTS EDUC./TRNG IN TRANSPORT & STORAGE TRANSPORTS 1/1/1900 East Africa: 1998 1998 2000 2000 2000 2000 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 1998 1998 1998 1998 1998 1998 1998 1998 1998 1998 1998 1999 1999 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 Sweden Sida AfDF Ireland DFA Ireland DFA Ireland DFA Ireland DFA Italy DGCS Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Germany KFW Netherlands MFA Netherlands MFA Netherlands MFA United KingdomDFID Japan MOFA IDA AfDF EC EDF EC EDF EC EDF United KingdomDFID Japan MOFA Belgium MF Italy DGCS United KingdomDFID United KingdomDFID Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA 1/1/1998 12/16/1998 12/31/2000 12/31/2000 12/31/2000 12/31/2000 2/8/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 1/6/1998 1/7/1998 1/7/1998 1/7/1998 12/31/1998 7/9/1998 1/15/1998 6/17/1998 1/12/1998 1/12/1998 1/12/1998 1/6/1999 7/7/1999 11/7/2000 3/14/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 1/1/1900 1/1/1900 12/16/200812/16/2048 5/15/200811/15/2037 6/17/2008 6/17/2038 11/7/2010 11/7/2030 01.01.1998 1/9/1999 TRANSPORT POLICY & ADM. MGMT: RURAL ROADS TRANSPORT SECTOR STUDIES TRANSPORT: EQUIPMENT TRANSPORT: ASSET PURCHASE & MAINTENANCE TRANSPORT: OFFICE CONSTRUCTION TRANSPORT: ASSET PURCHASE DEBREWORK-COMBOLCHA ROAD VEHICLE PURCHASE CONSTRUCTION TRANSPORT TRAINING TRANSPORT POLICY / ADMIN. : ASSET PURCHASE GUBRE LUKE ROAD CONSTRUCTION VEHICLE MAINTENANCE TRANSPORT POLICY : PROGRAMME RESEARCH PILOT DISTRICTS STUDY TRANSPORT : DEVELOPMENT OF GUIDELINES TRANSPORT : OFFICE CONSTRUCTION ROAD TRANSPORT / ASSET PURCHASE & MAINTENANCE TRANSPORT POLICY/ADMIN. : GENERAL EXPENSES TRANSPORT : OFFICE CONSTRUCTION TRANSPORT : OFFICE CONSTRUCTION TRANSPORT, TRADE & TOURISM TRANSPORT POLICY/ADMIN. : PROCUREMENT PROJECT 1/10/1998 1/12/2001 ADDIS ABABA TO GINCHI ROAD UPGRADE 1/12/1998 1/9/1999 ROAD TRANSPORT 1/3/1998 1/12/1998 GOTU WAYU RIVER BRIDGE 1/6/1998 1/4/1999 CHAKARBA RIVER PEDESTRIAN BRIDGE 10/1/1998 1/3/1999 GAMBELLA BRIDGES TRUNK ROAD REHABILITATION PROJECT 0.75 ROAD SEC. DEV. PROG. 0.75 ROAD PROJECT ADDIS ABABA - JIMA ROAD REHABILITAT. ADDIS ABABA - JIMA ROAD REHABILITAT. ADDIS ABABA - WOLDIYA ROAD REHAB. 1/10/1999 1/9/2001 DISTRICT MAINT. ORGANISATIO: ROAD TRANSPORT REHABILITATION OF TRUNK ROAD 0 FINANCEMENT DE LA LIVRAISON DE BUS DEBREWORK-COMBOLCHA ROAD RURAL ROAD INFRASTRUCTURE GAMBELLA BRIDGES ROAD TRANSPORT: OFFICE CONSTRUCTION ROAD CONSTRUCTION FOOT BRIDGES AND PATHS ROAD TRANSPORT: ASSET PURCHASE & MAINTENANCE DHARAMESSA BRIDGE CONSTRUCTION GAMATO BRIDGE CONSTRUCTION BILATE BRIDGE CONSTRUCTION ROAD TRANSPORT: GRAVELLING 0.75 Commit. Year Donor Name Agency Recipient Name 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 1999 1998 1999 1999 1999 2000 2000 2000 2001 2001 Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland EC Germany Germany Netherlands Sweden Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Japan AfDF EC EC United States France France UNDP Norway Ireland Ireland Ireland Norway Ireland DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA EDF KFW GTZ MFA Sida DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA MOFA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 6/29/2001 12/31/2001 11/21/2001 1/1/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 8/6/2001 10/10/2001 12/31/2001 12/31/2001 12/31/1999 12/31/1998 12/31/1999 12/31/1999 1/1/1999 12/31/2000 12/31/2000 12/31/2000 1/1/2001 12/31/2001 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 87 100 100 100 100 100 100 100 100 100 100 100 100 60 205 32 12 28 15 15 90 167 126 132 118 77 10 38 5 23,039 12,883 1,654 10,650 29 94 47 48 33 78 18 2 73 43 1 285 60 63 30 9 24 79 59 59 84 87 28 9,728 52,591 663 636 83 46 8 172 47 3 33 3 434 11 1998 1998 1999 2000 2000 2000 2000 2001 2001 2001 Belgium Sweden UNDP Denmark Ireland Ireland Ireland Belgium Ireland Ireland AGCD Sida UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA 1/12/1998 1/12/1998 12/31/1999 1/1/2000 12/31/2000 12/31/2000 12/31/2000 6/30/2001 12/31/2001 12/31/2001 100 100 100 100 100 100 100 100 100 100 331 59 21 289 10 1 17 27 5 EDF EDF TDA MAE MAE MFA DFA DFA DFA NORAD DFA DANIDA DFA DFA DFA DGIC DFA DFA Commitment Grant Date Element Amount US$(000) First Repay Date Final Repay Date 1/3/2022 1/9/2051 1/1/1900 1/1/1900 Interest Expected Expected Starting Completion Date Date Short Description ROAD TRANSPORT: GRAVELLING AND REHABILITATION DAYE-ALO-CHIRE ROAD ROAD TRANSPORT: NGO LOCAL FUNDING ROAD TRANSPORT: RESHAPING ROAD MAINTENANCE COMMUNITY ROAD MAINTENANCE TOWN ROAD ABEJE ROAD CONSTRUCTION MEHALAMBA ROAD CONSTRUCTION BUI ROAD CONSTRUCTION TORA ROAD CONSTRUCTION GUNDHIRE ROAD CONSTRUCTION KIBET ROAD CONSTRUCTION AREDAGEBEYA ROAD WABI BRIDGE CONSTRUCTION FOOT BRIDGES CONSTRUCTION ROAD TRANSPORT: ASSET PURCHASE KOMBOLCHA/MILLE ROAD REHABILITATION & UPGRADING 06/30/200104/30/2004UPGRADING OF ROAD GINCHI-AMBO & BRIDGES/CULVERTS OF ROAD AMBO-GEDO ROAD TRANSPORT 07-19-200107/31/2003ROAD TRANSPORT 01.01.2001 1/9/2002 BLUE NILE ROAD & BRIDGE MEHALAMBA ROAD CONSTRUCITON BUI ROAD CONSTRUCTION TORA ROAD CONSTRUCTION GUNDHIRE ROAD CONSTRUCTION KIBET ROAD CONSTRUCTION WABI BRIDGE CONSTRUCTION FOOT BRIDGES CONSTRUCTION MIDIREKEBDE GUGDA ROAD CONSTRUCTION GUBRE LUKE ROAD CONSTRUCTION ROAD TRANSPORT : NGO LOCAL FUNDING ETHIOPIA DAYE-ALO-CHIRE ROAD BILATE BRIDGE CONSTRUCTION GAMATO BRIDGE CONSTRUCTION FOOT BRIDGES AND PATHS TOWN ROAD ROAD TRANSPORT / ASSET PURCHASE & MAINTENANCE MAINTENANCE & REHABILITATION HAWAJA MECHA ROAD LEKU-GORCHE ROAD SELAM-ABERA-DARRA ROAD RURAL ROAD CONSTRUCTION CONSTRUCTION PROJECT PROJECT FOR REHABILITATION OF TRUNK ROAD 0.75 BUTAJIRA - HOSSAINA -SODO ROAD PROJECT PRE-FEASIBILITY STUDY OF THE GONDAR ROAD TRANSPORT WATER TRANSPORT TRANSPORTS AERIENS TRANSPORTS AERIENS STRENGTH ADDIS ABABA AIRPORT PROJECT 01.01.1999 1/12/1999 EDUCATION/TRAINING IN TRANSPORT & STORAGE TRANSPORT: TRAINING TRANSPORT: CAPACITY BUILDING TRANSPORT: TRAINING 01.01.2002 1/12/2006 EDUC./TRNG IN TRANSPORT & STORAGE EDUC. /TRAINING IN TRANSPORT STORAGE : CAPACITY BUILDING TRANSPORT COORDINATION UNIT 12.01.1998 1/8/1999 TRANSPORT POLICY & ADM. MGMT: INFRASTRUCTURE TRANSPORT POLICY AND PLANNING 1/1/2000 12/31/2000TECHNICAL ASSISTANCE - TRANSPORT AND STORAGE TRANSPORT: ADMINISTRATION TRANSPORT: PLANNING TRANSPORT 06-30-2001 TRANSPORT COORDINATION UNIT CONSTRUCTION OF SCHOOLS TRANSPORT POLICY : DISTRICT ENGINEER'S OFFICE Commit. Year Donor Name 2001 2001 2001 2001 2001 2001 2001 1998 1998 1998 1998 1998 1998 1999 1999 1999 1999 1999 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 2001 1999 1999 1999 1999 2001 2001 Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Germany KFW United KingdomDFID United KingdomDFID Japan MOFA EC EDF EC EDF Germany KFW United KingdomDFID IDA EC EDF EC EDF United KingdomDFID United KingdomDFID Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA AfDF EC EDF EC EDF United KingdomDFID Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Ireland DFA Spain MISC IDA EC EDF Germany KFW Germany KFW Belgium AGCD Norway NORAD United States TDA United States TDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 1/3/1998 1/5/1998 12/31/1998 11/24/1998 1/12/1998 1/12/1998 9/1/1999 1/11/1999 6/29/1999 12/31/1999 12/31/1999 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 9/13/2000 12/31/2000 12/31/2000 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 3/7/2001 12/31/2001 1/1/1999 9/1/1999 1/12/1999 1/1/1999 12/31/2001 12/31/2001 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 80 100 100 100 100 100 100 100 100 100 100 100 83 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 80 100 100 100 100 100 100 100 1999 1999 1998 United KingdomDFID EC EDF Belgium AGCD RWANDA RWANDA RWANDA 1/4/1999 12/31/1999 1/12/1998 100 100 100 32 426 - 1/1/2001 1/1/1999 12/31/1998 1/12/1998 1/12/1998 100 100 100 100 100 60 162 6 89 89 Agency 1998-2001 No Projects: Recipient Name Commitment Grant Date Element Amount US$(000) First Repay Date Final Repay Date 6 11 3 5 9 27,566 1,607 36 5,623 12 89 5,448 162 90,980 1/9/2009 1/3/2039 1,225 1,492 38 182 12 2 106 25 2 1 147 19,781 9/13/2010 9/13/2050 33,730 8 1,152 27 3 13 5 95 60 59 7 9 1 12 64,520 9/15/2011 3/15/2041 71 1,634 4,323 17 11 3 288 Interest Expected Expected Starting Completion Date Date Short Description 01.07.1998 1/6/2001 1/6/1998 1/11/1998 6/1/1998 1/11/1998 3/1/1998 12/1/2002 1/10/1999 1/10/2001 0.75 0.75 0.75 04.01.1996 1/6/2000 2/1/2000 1/1/2004 01.01.1999 1/12/1999 1/6/1999 TRANSPORT POLICY : CAST YARD IMPROVEMENT TRANSPORT POLICY : CONSTRUCTION OF WORKS OFFICES TRANSPORT POLICY : PLANNING AGRICULTURAL INPUTS : ADMINISTRATION TRAINING AND MOBILISATION ADMINISTRATIVE COSTS TRANSPORT POLICY/ADMIN.: SUPPORT OFFICE & STUDIES MAINTENANCE/STRENGTM. ROAD NETWORK MAIN ROAD NETWORK:EMERGENCY ASSIST. MAIN ROAD NETWORK: UGANDA IMPROVEMT OF TRUNK ROADS IN KAMPALA ROAD:COMPAR. STUDY BETWEEN THE N & S ROAD: STRENGTH. NORTHERN CORRIDOR ROAD NETWORK MAINTEN./STRENGTHENING INFRASTRUCTURE SUPPORT: ROAD TRANSPORT ROADS DEVT PROGRAM FEASIBILITY STUDY KAMPALA BY-PASS FEASIBILITY STUDY N. CORRIDOR ROAD ROAD INFRASTRUCTURE ROAD INFRASTRUCTURE ROAD TRANSPORT: CONSTRUCTION TOOLS AND EQUIPMENT ROAD TRANSPORT: MONITORING AND SUPERVISION ACTUAL ROAD WORKS ROAD TRANSPORT: CONSTRUCTION OF WORKS YARD ROAD TRANSPORT: IMPROVING OPERATION CONSULTANCY ON FEEDER ROADS REHABILITATION OF FEEDER ROADS ROADS MAINTENANCE AND UPGRADING PROJECT STRENGTHENING OF NORTHERN CORRIDOR ROAD ROAD TRANSPORT: COMPARATIVES STUDY BETWEEN THE N & S ROAD INFRASTRUCTURE REHABILITATION OF ROADS ROAD TRANSPORT : ADMINISTRATION ECONOMIC POLICY / PLAN : VALLEY TANKS, CRASHES AND DIPS ROAD TRANSPORT : EXTENSION SERVICES, TRAINING ROAD TRANSPORT : MARKET, INFORMATION STRATEGY AGRICULTURAL INPUTS : ADMINISTRATION ROAD TRANSPORT : CONSTRUCTION OF WORKS YARD ROAD TOOLS AND EQUIPMENTS EDUCATION FACILITIES/TRAINING : ROAD WORKS HEALTH POLICY/ADMIN. : OFFICE AND PROGRAM SUPPORT REHABILITATION OF FEEDER ROADS ROAD TRANSPORT : CONSTRUCT DIST.WORKS OFFICES ROAD TRANSPORT : PROD OF CULVERTS & INSTALLATION ROAD TRANSPORT : EQUIPMENT ROAD TRANSPORT : TRAINING ROAD TRANSPORT ROAD DEVELOPMENT TA TO ROAD AGENCY FORMATION UNIT - ROAD SECTOR DEVELOPMENT PROGRAM LOCOMOTIVES REHAB.,UGANDA RAILWAYS RAILWAY FREIGHT WAGONS GEN. OVERHAUL INLAND WATER TRANSPORT AIR TRANSPORT ENTEBBE AIRPORT DEVELOPMENT ENTEBBE AIRPORT DEVELOPMENT 1/5/2001 VEHICLE KIGALI: ROAD TRANSPORT TRANSP. ROUTIER: ETUDE TECHNIQUE POUR REHABILITATION AEROPORT DE KIGALI FONCTIONNEMENT BURUNDI Southern Africa: 2001 1999 1998 1998 1998 Denmark MFA United KingdomDFID United KingdomDFID EC EDF EC EDF MALAWI MALAWI MALAWI MALAWI MALAWI 1/1/2001 12/31/2001TECHNICAL COOPERATION : TRANSPORT & COMMUNICATIONS 1/3/1999 1/7/1999 HAULAGE COSTS STUDY 11/1/1998 1/11/1998 RURAL PUBLIC WORKS CHIKWAWA-BANGULA ROAD-DESIGN & PREP. ROAD: PREPAR. OF TENDER/REHAB./IMP. Amount US$(000) Final Repay Date Expected Expected Starting Completion Date Date Short Description Donor Name Agency Recipient Name 1998 1998 1999 1999 1999 1999 1999 1999 1999 1999 2000 2001 2001 2001 2001 EC EC Germany Germany Japan Japan IDA AfDF EC EC EC EC EC EC EC EDF EDF KFW GTZ MOFA MOFA MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI MALAWI 1/12/1998 1/12/1998 1/5/1999 12/31/1999 1/1/1999 6/3/1999 10/6/1999 12/15/1999 12/31/1999 12/31/1999 12/31/2000 12/31/2001 12/31/2001 12/31/2001 12/31/2001 100 100 100 100 100 100 80 83 100 100 100 100 100 100 100 88 37,468 6,537 1,090 500 11,756 30,000 1/12/2009 1/6/2039 18,512 12/15/200912/15/2049 19,180 15,983 4,608 2,807 124 1,586 10,707 ROAD: FEAS. STUDY: RURAL FEEDER KARONGA-CHILUMBA-CHIWETA ROAD 06.01.1999 1/4/2001 ROAD MAINTENANCE PROGRAMME II UNIT TO TEACH BITUMEN STREET MAINTENANCE RECONSTRUCTION OF MANGOCHI BRIDGE TRANSPORT: BRIDGE RECONSTRUCTION 0.75 ROAD MAINTENANCE & REHABILITATION 0.75 KARONGA-CHITIPA ROAD ROAD REHABILITATION & CONSTRUCTION ROAD TRANSPORT: PUBLIC WORKS PROGRAMME LIMBE-THYOLO-MULOZA ROAD PROJECT LAKESHORE ROAD INFRASTRUCTURE SUPPORT LAKESHORE ROAD INFRASTRUCTURE SUPPORT LAKESHORE ROAD INFRASTRUCTURE SUPPORT LAKESHORE ROAD INFRASTRUCTURE SUPPORT 1998 1998 1999 1999 1999 2000 2001 2001 2001 1998 1998 1998 1998 1998 1999 1999 1999 1999 1999 1999 1999 1999 1999 2000 2000 2000 2001 2001 2001 2001 2001 2000 1998 2000 2000 Italy DGCS Sweden Sida Italy DGCS Norway NORAD Norway NORAD Italy DGCS Denmark DANIDA Norway NORAD Norway NORAD Germany KFW Netherlands MFA United KingdomDFID EC EDF EC EDF Denmark DANIDA Germany KFW Netherlands MFA Norway NORAD Norway NORAD Norway NORAD Japan MOFA Japan MOFA EC EDF Norway NORAD Japan MOFA EC EDF Norway NORAD Norway NORAD Norway NORAD Norway NORAD Japan MOFA IDA Belgium AGCD Belgium MF EC EDF ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA 12/31/1998 1/3/1998 11/22/1999 3/21/1999 2/25/1999 8/30/2000 7/3/2001 1/1/2001 1/1/2001 1/5/1998 1/7/1998 2/23/1998 1/12/1998 1/12/1998 1/6/1999 1/12/1999 1/7/1999 6/9/1999 4/23/1999 3/12/1999 3/3/1999 5/5/1999 12/31/1999 9/15/2000 6/30/2000 12/31/2000 5/14/2001 4/23/2001 11/14/2001 11/14/2001 8/23/2001 11/16/2000 1/12/1998 7/18/2000 12/31/2000 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 78 100 82 100 5 277 1/1/1900 1/1/1900 1 2 11 2,398 30 21 1,137 252 23 2,125 27,402 2,794 35,409 10 6 834 1,924 316 12,976 27,704 88 10,019 15 53 99 1,760 400 20,889 27,000 1/4/2011 1/10/2035 4 4,700 7/18/2010 7/18/2030 369 TRANSPORT:LUSAKA RADAR SYSTEM 03.01.1998 1/12/2000 TRANSPORT POLICY & ADM. MGMT: SUGAR CANE REC. FOR DEVELOPMENT TRANSPORT:LUSAKA RADAR SYSTEM 01.01.1999 1/12/1999 TRANSPORT POLICY & ADMIN. MANAGEMENT 01.01.1999 1/12/1999 TRANSPORT POLICY & ADMIN. MANAGEMENT TRANSPORT: LUSAKA RADAR SYSTEM 1/3/2001 03/31/2002TRANSPORT INFRASTRUCTURE 01.01.2001 1/12/2001 TRANSPORT POLICY & ADMIN. MANAGEMENT 01.01.2001 1/12/2001 TRANSPORT POLICY & ADMIN. MANAGEMENT 1/6/1998 1/9/1998 MANYINGA-MWINI LUNGA ROAD 1/1/1997 1/12/1999 LABOUR INTENSIVE ROAD REHAB. ROAD:TRAINING WORKSHOP TECHNICAL ASSIST. TO ROADS REHAB. OF THE MONZE-ZIMBA ROAD 08/31/99 12/31/1999MAINTAIN AND PROTECT PARTS OF THE LUSAKA-MONGU ROAD 1/3/1900 1/8/1903 ROAD REHABILITATION (LIVINGSTONE SESHEKE KATIMA) 1/11/1999 1/1/2000 ROAD TRANSPORT 01.01.1999 1/12/1999 ROAD TRANSPORT 01.01.1999 1/12/1999 SUPPORT TO ROAD SECTOR 01.01.1999 1/12/1999 SUPPORT TO ROAD SECTOR CONSTRUCTION OF THE CHIRUNDU BRIDGE CHIRUNDU BRIDGE CONSTRUCTION ROAD TRANSP: REHABILITATION 12.31.200012/31/2000ROAD TRANSPORT: FINANCING REVIEW AND WORKSHOP IMPROVEMENT AND MAINTENANCE OF LUSAKA CITY ROADS PROJECT FORMULATION "ESSENTIAL ROAD" 01.01.2000 1/12/2001 AXLE LOAD CONTROL 01.01.2000 1/12/2001 ROAD TRANSPORT: MUNALI HILLS 01.01.2001 1/12/2001 SUPPORT TO ROAD SECTOR 01.01.2001 1/12/2002 EMERGENCY REPAIR CHIPATA-MFUWE ROAD PROJECT FOR IMPROVEMENT AND MAINTENANCE OF LUSAKA CITY ROADS 0.75 RAILWAYS RESTRUCTURING PROJECT REHABILIT. LUSAKA AIRPORT 0 ÉQUIPEMENT D'URGENCE ET DE SÉCURITÉ À L'AÉROPORT DE LUSAKA FEASIBILITY STUDY LIVINGSTONE AIRPORT 2000 2001 1998 1999 1999 1999 1999 1999 2000 1998 1998 2000 2000 Denmark DANIDA Sweden Sida Japan MOFA Denmark DANIDA Denmark DANIDA Japan MOFA Japan MOFA AfDB United KingdomDFID Belgium AGCD France NATEXIS United KingdomDFID United KingdomDFID ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE 1/1/2000 1/1/2001 5/7/1998 1/1/1999 1/6/1999 3/3/1999 6/11/1999 3/3/1999 12/31/2000 1/12/1998 1/4/1998 12/31/2000 12/31/2000 100 100 100 100 100 100 100 66 100 100 79 100 100 200 9 4,270 285 688 316 12,976 15,787 12 37 848 7 62 1/1/2000 12/31/2000TECHNICAL ASSISTANCE - TRANSPORT AND STORAGE 01.01.2001 1/6/2001 AUDIT TRANSPORT SUPPLY OF ROAD PARING EQUIPMENT 12/31/2009ROAD PROGRAMME PREPARATION 06/30/99 12/31/1999CREATE BASIS FOR REHABILITATION OF HARARE NYAMAPANDA ROAD CONSTRUCTION OF THE CHIRUNDU BRIDGE CHIRUNDU BRIDGE CONSTRUCTION 0 BUCHWA - RUTENGA ROAD PROJECT ROAD TRANSPORT REHABILITATION KARIBA FAST BOATS 0.25 RADAR METEOROLOGIQUE,AF AIR TRANSPORT AIR TRANSPORT EDF EDF EDF EDF EDF EDF EDF Commitment Grant Date Element First Repay Date Commit. Year 3/3/2004 3/3/2019 1/2/2006 1/12/2029 Interest Expected Expected Starting Completion Date Date Short Description 1999 2000 1999 2000 2000 Sweden Sida Sweden Sida United KingdomDFID United KingdomDFID United States TDA BOTSWANA BOTSWANA BOTSWANA BOTSWANA BOTSWANA 1/11/1999 1/1/2000 1/12/1999 12/31/2000 12/31/2000 100 100 100 100 100 2 151 49 45 157 1998 2000 2000 2000 1998 1999 2000 2000 2000 2000 2000 2000 2000 2000 2001 2001 2001 2001 2001 Sweden Ireland Ireland Ireland EC EC Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland Ireland LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO LESOTHO 1/6/1998 12/31/2000 12/31/2000 12/31/2000 1/12/1998 12/31/1999 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2001 12/31/2001 12/31/2001 12/31/2001 12/31/2001 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 6 83 24 16 89 40,170 63 275 25 62 180 106 67 9 6 917 299 377 171 1999 2000 2001 2001 2001 2000 AfDB EC Japan Japan AfDB Italy SWAZILAND SWAZILAND SWAZILAND SWAZILAND SWAZILAND SWAZILAND 10/20/1999 12/31/2000 1/29/2001 1/29/2001 10/10/2001 1/19/2000 66 100 64 80 67 93 15,378 46 29,761 6,551 9,487 784 10/20/200410/20/2019 0 2/20/2011 2/20/2031 2/20/2011 2/20/2041 1/2/2007 1/8/2021 9/23/2027 9/23/2040 2.2 0.75 0 0.25 5/4/1999 9/27/1999 11/29/2000 12/31/2001 12/31/2001 1/7/1999 3/6/1999 12/31/2000 7/2/2000 6/20/2000 12/31/2001 12/31/1999 12/31/2000 1/12/1998 1/12/1998 1/12/1999 1/12/2000 14 87 17 100 100 100 80 100 100 100 100 100 100 100 100 100 100 1,500 52,000 1,500 3 328 109 88,000 28 390 28,673 315 88 5 3 7 319 16 5/12/2000 5/6/2001 9/27/2039 9/27/2039 11/29/2002 5/29/2003 1 1 1 8/15/2009 2/15/2039 0.75 AG MOFA MOFA MISC TDA TDA AGCD AGCD AGCD DGIC BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA OECF OECF TDA PARAGUAY PARAGUAY PARAGUAY PARAGUAY PARAGUAY PARAGUAY 6/3/2000 6/3/2000 3/17/2001 8/10/1998 8/10/1998 12/31/2001 3 19 29 54 57 100 65,100 6/3/2000 3/30/2002 1,900 6/3/2000 6/3/2020 100,000 3/17/2007 3/17/2021 132,131 8/20/2005 8/20/2023 16,287 8/20/2005 8/20/2023 3 6.37 6.37 5.58 2.7 2.3 1/4/2001 1/7/2000 100 100 2/26/2001 73 19,902 6/15/200912/15/2032 8/22/2000 10/26/1998 10/26/1998 80 67 80 22,000 12/15/2010 6/15/2040 38,014 10/20/200810/20/2028 2,093 10/20/200810/20/2038 Sida DFA DFA DFA EDF EDF DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA DFA EDF JBIC JBIC MC Recipient Name Amount US$(000) Final Repay Date Donor Name Agency Commitment Grant Date Element First Repay Date Commit. Year Interest 1/11/1999 1/5/2000 PLAN TRAFFIC SAFETY 01.01.2000 1/3/2001 TRANSPORT POLICY AND ADMINISTRATIVE MGMT : INFRASTRUCTURE ROAD INFRASTRUCTURE ROAD INFRASTRUCTURE TRAINING: RADAR DATA PROCESSING 1/1/1900 1/1/1900 06.01.1998 1/7/1998 TRANSPORT POLICY & ADM. MGMT: AUDIT TRANSPORT: PHUTHA MALEFILOANA TRANSPORT: INFRASTRUCTURE IMPROVEMENT FOOTBRIDGE CONSTRUCTION FEAS. STUDY ON ROAD SAFETY IMPROVEMT ROAD TRANSPORT INFRASTRUCTURE PRGM ROAD TRANSPORT: WHITEHILL TEBELLONG ROAD TRANSPORT: PHUTHA MALEFILOANA ROAD TRANSPORT: NEW PROJECTS ROAD TRANSPORT: PROGRAMME MANAGEMENT ROAD CONSTRUCTION FOOTBRIDGE CONSTRUCTION ROAD TRANSPORT: PROGRAMME MANAGEMENT ROAD TRANSPORT: NGO LOCAL FUNDING ADMINISTRATIVE COSTS WATER SUPPLY LARGE SYSTEMS : LABOUR BASED ROAD CONSTRUCTION RURAL FOOTBRIDGE CONSTRUCTION CROSS-DRAINAGE STRUCTURES ROAD TRANSPORT : CAPACITY BUILDING TWO INTERNATIONAL ROADS PROJECT ROAD: MAPHOBENI LOW LEVEL BRIDGE 1/6/2002 06/30/2005ROAD CONSTRUCTION 1/6/2002 06/30/2005ROAD CONSTRUCTION 2 ROADS PROJECT REHABILITATION OF GOPA RAILWAYS Latin America: 1999 1999 2000 2001 2001 1999 1999 2000 2000 2000 2001 1999 2000 1998 1998 1999 2000 IDB Sp F IDB Sp F IDB Sp F United States United States Netherlands IDA Spain Japan Japan Spain United States United States Belgium Belgium Belgium Belgium 2000 2000 2001 1998 1998 2001 IDB IDB IDB Japan Japan United States TDA TDA MFA TRANSPORTATION TRANSPORTATION TRANSPORTATION TRANSPORT: MODERNIZATION TRANSPORT: MODERNIZATION 1/9/1999 1/12/1999 ROAD TRANSPORT ABAPO-CAMIRI HIGHWAY ROAD TRANSPORT IMPROVEMENT OF ROAD NORTH-WEST OF THE DEPARTMENT OF SANTA CRUZ CONSTRUCTION OF ROAD NORTH-WEST OF SANTA CRUZ ROAD TRANSPORT RAIL TRANSPORT AIQUILLE-SANTA CRUZ RAILROAD INTERCONNECTION AMELIORATION NAVIG. RIVIERES ICHILO CONSTRUCTION PORT GUAYARAMERIN CONSTRUCTION PORT GUAYARAMERIN SURVEILLANCE TRANSPORT PAR VOIE D'EAU : CONSTRUCTION PORT GUAYARAMERIN SURVEILLANCE TRANSPORTATION TRANSPORTATION TRANSPORTATION: WESTERN INTEGRATION CORRIDORS PROGRAMME 1/8/1999 08/31/2002TO SUPPORT ROAD IMPROVEMENT WORKS 1/8/1999 08/31/2002TO SUPPORT ROAD IMPROVEMENT WORKS ASUNCION AIRPORT CONCESSION Central Asia and the Caucasus: 2001 2000 Switzerland Netherlands 2001 AsDF 2000 1998 1998 IDA Japan Japan DDC MFA AFGHANISTAN AFGHANISTAN TAJIKISTAN OECF OECF KYRGYZ REP. KYRGYZ REP. KYRGYZ REP. 119 209 1/7/2001 1/6/2003 TRANSPORT POLICY & ADMIN. MANAGEMENT 1/1/2000 1/12/2000 ROAD TRANSPORT: UN APPEAL 1 0.75 1.8 6.1.99 0.75 6.1.99 ROAD REHABILITATION URBAN TRANSPORTATION/MAINTENANCE 12/31/2001REHAB. OF THE BISHKEK-OSH ROAD 12/31/2001REHAB. OF THE BISHKEK-OSH ROAD Commit. Year Donor Name 1998 2001 2001 2000 AsDF IDA AsDF Canada 1999 2000 2000 2001 1999 2000 2000 2001 2001 2001 2000 2001 1998 1998 1999 2000 2001 IBRD Japan Japan AsDB United States United States United States France Spain United States United States United States Japan Japan United States United States United States 2000 1999 1998 2001 1998 1999 2000 2001 IBRD AsD B AsD B AsDB Germany Japan United States United States Commitment Grant Date Element Amount US$(000) First Repay Date Final Repay Date Agency Recipient Name CIDA KYRGYZ REP. KYRGYZ REP. KYRGYZ REP. KYRGYZ REP. 12/23/1998 3/27/2001 5/31/2001 12/31/2000 78 80 72 100 KAZAKHSTAN KAZAKHSTAN KAZAKHSTAN KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN NATEXIS KAZAKHSTAN ICO KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN OECF KAZAKHSTAN OECF KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN TDA KAZAKHSTAN 9/2/1999 12/21/2000 12/21/2000 4/6/2001 12/31/1999 12/31/2000 12/31/2000 3/21/2001 10/4/2001 12/31/2001 12/31/2000 12/31/2001 12/24/1998 12/24/1998 12/31/1999 12/31/2000 12/31/2001 21 64 80 21 100 100 100 100 54 100 100 100 64 80 100 100 100 100,000 139,981 13,442 52,000 194 125 80 409 27,400 11 25 346 158,174 10,825 19 110 3 9/15/2004 3/15/2019 12/20/201012/20/2030 12/20/201012/20/2040 4/15/200510/15/2024 11/5/2000 3/18/1999 9/12/1998 5/17/2001 1/12/1998 12/14/1999 12/31/2000 12/31/2001 32 24 24 22 80 64 100 100 29,000 50,000 70,000 70,000 12,504 25,206 3 485 10/15/2005 4/15/2020 6/15/200312/15/2022 3/15/2004 9/15/2023 3/15/2006 9/15/2025 1/6/2009 1/12/2038 12/20/200912/20/2029 9/2/2001 12/6/2001 12/31/1999 100 78 100 3,062 40,000 1/12/2011 9 JBIC JBIC KFW OECF TDA TDA 1998-2001 No Projects: UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN 51,015 1/15/2009 7/15/2038 25,000 7/15/2011 1/15/2041 4,878 4/15/200910/15/2032 187 9/7/2009 9/7/2021 12/20/200812/20/2028 12/20/200812/20/2038 Expected Expected Starting Completion Date Date Short Description Interest 1 0.75 1 SECOND ROAD REHABILITATION PROJECT ROAD MAINTENANCE ALMATY-BISHKEK REGIONAL ROAD REHABILITATION 12.20.199903/30/2001AIR TRANSPORT SAFETY & SECURITY 6.77 2.2 0.75 6.7 ROAD TRANSPORT RESTRUCTION 1/7/2001 07/31/2005IMPROVE ROAD TRANSPORTATION: ROAD NETWORK REHABILITATION 1/7/2001 07/31/2005IMPROVE ROAD TRANSPORTATION: ROAD NETWORK REHABILITATION ALMATY-BISHKEK REGIONAL ROAD REHABILITATION RAIL TRANSPORT RAILWAYS RESTRUCTURING RAILWAYS ETUDES SCES VOYAGEURS ASTANA-ALMATY 2.5 9/7/2001 9/7/2004 SUPPLY OF TWO PASSENGERS TRAINS RAIL TRANSPORT: EBRD RAILWAYS RESTRUCTURING AKTAU PORT DEVELOPMENT WATER TRANSPORT: AKTAU PORT DEVELOPMENT – OIL EXPORT ROUTES 2.2 8.1.99 12/31/2001TO IMPROVE FACILITIES OF AIRPORT 0.75 8.1.99 12/31/2001TO IMPROVE FACILITIES OF AIRPORT AIR TRANSPORT AIR TRAFFIC CONTROL ATYRAU AIRPORT UPGRADE 5.08 URBAN TRANSPORTATION 6.31 ROAD REHABILITATION PROJECT 6.42 RAILWAY REHABILITATION PROJECT 6.7 RAILWAY MODERNIZATION 0.75 01.01.99 1/12/2002 AIRPORT TERMINAL TASHKENT 2.2 1/2/2000 03/31/2002FACILITIES OF AIRPORTS IMPROVEMENT AIRWAYS ROUTE ASSESSMENT UZBEKISTAN AIRWAYS ROUTE ASSESSMENT TURKMENISTAN 2001 2001 1999 Japan IDA UNDP MOFA AZERBAIJAN AZERBAIJAN AZERBAIJAN 2000 1998 1998 1998 1999 2001 IDA France France France UNDP France ARMENIA MAE ARMENIA NATEXIS ARMENIA MAE ARMENIA ARMENIA MAE ARMENIA 8/6/2000 12/31/1998 1/4/1998 12/31/1998 12/31/1999 12/31/2001 79 100 100 100 100 100 40,000 1/12/2010 9 1,017 7 25 Sida MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA MONGOLIA 1/10/2000 3/22/2001 9/11/2000 1/24/2000 4/6/2001 9/11/2000 4/6/2001 12/31/1999 12/31/1999 1/6/2000 100 80 100 73 100 100 100 100 100 100 317 34,000 6/15/201112/15/2040 2,829 24,180 3/15/2008 9/15/2031 13,523 4,917 7,152 16 30 2,025 LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS LAOS 9/22/1998 12/31/1999 1/1/2000 3/21/2000 1/7/1998 5/15/1998 1/1/1999 7/9/1999 5/24/2000 5/23/2000 12/25/2000 1/1/2001 1/2/2001 1/1/2001 5/23/2001 80 100 100 73 100 100 100 100 100 100 100 100 100 75 100 27,800 11/15/2008 5/15/2038 31 26 30,390 6/15/200812/15/2031 2,842 43,720 254 11,326 1,885 25,009 1,039 13,542 1,161 9,673 12/31/201012/31/2020 26,551 6/1/2036 0.75 1/6/2035 0.75 PROJECT FOR TRUNK ROUTE REHABILITATION HIGHWAY NAKHCHIVAN AIRPORT DEVELOPMENT PLAN TRANSPORT TRANSPORTS FERROVIAIRES CONTROLE TRAFIC AERIEN TRANSPORTS AERIENS ZVARTNOTZ AIRCARGO TERMINAL RÉSEAUX D'INFRASTRUCTURES - ASSISTANCE TECHNIQUE / FORMATION East and South Asia: 2000 2001 2000 2000 2001 2000 2001 1999 1999 2000 Sweden IDA Japan AsDF Japan Japan Japan UNDP UNDP Sweden 1998 1999 2000 2000 1998 1998 1999 1999 2000 2000 2000 2001 2001 2001 2001 IDA Australia Australia AsDF Germany Japan Sweden Japan Germany Japan Japan Sweden Sweden Sweden Japan MOFA MOFA MOFA MOFA Sida AusAID AusAID KFW MOFA Sida MOFA KFW MOFA MOFA Sida Sida Sida MOFA 10.01.2000 1/4/2002 ROAD MAINTENANCE TRANSPORT DEVELOPMENT IMPROVEMENT OF ROADS IN ULAANBAATAR 1 SECOND ROAD DEVELOPMENT PROJECT FOR IMPROVEMENT OF ROAD IN ULAANBAATAR REHABILITATION OF RAILWAY FACILITIES PROJECT FOR REHABILITATION OF RAILWAY FACILITIES ASSISTANCE IN THE DEVELOPMENT OF CIVIL AVIATION FLIGHT SAFETY EVALUATION-MIAT 06.01.2000 1/4/2003 CIVIL AVIATION 0.75 0.75 1 1/1/1999 12.01.1994 01.01.2001 02.01.2001 0 01.01.2001 TRANSPORTATION 1/1/2000 TRANSPORT: VIC. GOVT-ROAD SAFETY ADVICE ROAD SAFETY ADVICE TRANSPORT: GREATER MEKONG SUBREGION/EAST WEST CORRIDOR PROJECT NATIONAL ROAD NO.6 REHABILITATION NATIONAL ROAD BRIDGES RECONSTRUCTION 1/12/2001 ROAD TRANSPORT IMPROVEMENT OF NATIONAL ROAD 1/4/2001 REHABILITATION OF NATIONAL ROAD IMPROVEMENT OF THE NATIONAL ROAD ROUTE 9 IMPROVEMENT OF THE NATIONAL ROAD ROUTE 9 1/6/2005 ROAD PROJECT 1/12/2005 ROAD 1/12/2005 ROAD PROJECT FOR IMPROVEMENT OF THE NATIONAL ROAD ROUTE 9 Expected Expected Starting Completion Date Date Short Description Agency Recipient Name 2001 2001 2001 1998 1999 Japan Japan AsDF France United States JBIC JBIC LAOS LAOS LAOS LAOS LAOS 12/27/2001 12/27/2001 2/16/2001 1/4/1998 12/31/1999 74 80 73 100 100 31,078 12/20/201112/20/2031 1,934 12/20/201112/20/2041 24,522 1/6/2009 1/12/2032 542 3 2001 2001 1998 1999 2000 2001 2001 Denmark Switzerland Switzerland IDA AsDF Japan Japan MFA DDC DDC BHUTAN BHUTAN BHUTAN BHUTAN BHUTAN BHUTAN BHUTAN 1/1/2001 1/6/2001 12/1/1998 12/21/1999 6/11/2000 11/1/2001 8/5/2001 100 100 100 80 73 100 100 10 242 1,959 11,600 6/15/201012/15/2039 9,640 2/15/2009 8/15/2032 403 14,099 1999 2000 2000 2000 2001 2001 1998 1998 1998 1998 1998 1998 1999 1999 1999 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2001 2001 2001 2001 2001 2001 2001 1998 1998 1999 2000 2001 IDA Switzerland DDC Switzerland DDC Switzerland DDC Switzerland DDC Switzerland DDC Germany KFW Switzerland DDC Switzerland DDC Switzerland DDC Switzerland DDC United KingdomDFID Japan MOFA IDA UNDP Germany KFW United KingdomDFID United KingdomDFID United KingdomDFID United KingdomDFID United KingdomDFID United KingdomDFID United KingdomDFID Japan MOFA Japan MOFA Switzerland DDC Switzerland DDC United KingdomDFID United KingdomDFID Japan MOFA Japan MOFA Japan MOFA France MAE Canada CIDA Japan MOFA France MAE France MAE NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL 5/14/1999 1/3/2000 1/7/2000 1/2/2000 1/6/2001 1/12/2001 2/17/1998 4/1/1998 10/1/1998 6/1/1998 12/1/1998 12/31/1998 7/6/1999 11/23/1999 12/31/1999 11/30/2000 1/3/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 10/1/2000 6/21/2000 1/11/2001 1/12/2001 1/1/2001 12/31/2001 2/15/2001 3/7/2001 8/17/2001 12/31/1998 12/31/1998 8/10/1999 12/31/2000 12/31/2001 80 100 100 100 100 100 100 100 100 100 100 100 100 80 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 5,000 1/10/2009 1/4/2039 588 2,074 164 7,990 258 1,819 126 483 2,414 3,173 1,988 17,656 54,500 3/15/2010 9/15/2039 37 942 61 981 79 908 212 886 227 686 22,625 474 1,080 35,586 10,174 189 8,551 27,300 14 67 11,168 8 20 0.75 1/7/1998 1/7/1999 9/2/1999 1/7/2000 7/25/2000 1/3/2001 12/31/2000 1/30/2001 12/31/1999 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 12/31/2000 100 100 32 100 78 100 100 100 100 100 100 100 100 100 100 19 676 32,000 6/15/200412/15/2018 474 9,300 1/10/2010 1/4/2035 7 200 6,642 1,335 192 28 3 1 206 3 1/12/1998 1/12/1998 TRANSPORT POLICY & ADMIN. MANAGEMENT 1/3/1999 1/2/2002 TRANSPORT POLICY & ADMIN. MANAGEMENT TRANSPORT 1/3/1999 1/2/2002 TRANSPORT: CIVIL SOCIETY 0.75 TRANSPORTATION : TRADE & TRANSPORTATION FACILITY IN SERVICES EUROPE 1/3/2001 1/3/2001 TRANSPORT POLICY & ADMIN. MANAGEMENT TOLL ROAD PUBLIC-PRIVATE PARTNERSHIP PROJECT FOR IMPROVEMENT OF ROAD MAINTENANCE EQUIPMENT RAIL TRANSPORT RAILWAYS RAILROAD DESIGN SOFTWARE RAILROAD SAFETY EQUIPMENT SPECIFICATIONS RAILWAYS AIRPORT UPGRADE/REHABILITATION BUSINESS PLAN AIRPORT UPGRADE/REHABILITATION BUSINESS PLAN 1/9/2001 12/31/1998 100 100 MOFA MOFA Amount US$(000) Final Repay Date Donor Name AFD TDA Commitment Grant Date Element First Repay Date Commit. Year Interest 1 0.75 1 0.75 1 1/3/2003 02/28/2006INTERNATIONAL TRANSPORT LINK FORMATION 1/3/2003 02/28/2006INTERNATIONAL TRANSPORT LINK FORMATION RURAL ACCESS ROADS 01-Apr-98 1/4/2003 TRANSP:FORM. 2 PILOTES,4 MECANICIENS AIR TRANSPORT 1/1/2001 12/31/2001TECHNICAL COOPERATION : TRANSPORT & COMMUNICATIONS 1/4/1986 1/6/2020 TRANSPORT POLICY & ADMIN. MANAGEMENT ROAD TRANSPORT RURAL ACCESS ROADS ROAD IMPROVEMENT PROJECT PROJECT FOR RECONSTRUCTION OF BRIDGES PROJECT FOR RECONSTRUCTION OF BRIDGES 10.01.2001 04.01.1989 01.01.2000 1/7/2001 1/1/1996 1/12/1997 1/1/1993 1/1/1996 7/1/1998 1/12/2004 1/6/2002 1/12/2001 1/6/2006 1/6/2020 1/8/1999 2/1/1998 1/7/2000 12/1/1998 7/1/2002 0.75 12.01.1997 1/6/2002 1/3/2000 1/2/2002 1/1/1996 1/1/1996 1/3/2001 1/7/2003 1/7/2003 1/2/2007 01.01.1989 1/3/1993 TRANSPORT: RURAL INFRASTRUCTURE DISTRICT ROADS HIGHWAY REHABILITATION PROJECT COORDINATION UNIT: TRANSPORT POLICY & ADM. MGMT TRAIL BRIDGE SUB-SECTOR PROJECT TRANSPORT POLICY & ADMIN. MANAGEMENT ROAD UPGRADE ROAD TRANSPORT ARNIKO HIGTHWAY PROJECT ROUTES : MAINTENANCE DIVISIONS ARNIKO HIGHWAY PROJECT RURAL ACCESS PROGRAM: ROAD TRANSPORT CONSTRUCTION OF SINDHULI ROAD ROAD MAINTENANCE AND DEVELOPMENT TA FOR FEEDER ROADS UPGRADE OF MALEKU-DHADING BESI ROAD SUPPORT TO DOR GEO-ENVIRONMENTAL UNIT: ROAD TRANSPORT ROAD INFRASTRUCTURE ROAD INFRASTRUCTURE RURAL ROAD INFRASTRUCTURE RURAL ROAD INFRASTRUCTURE ROAD MAINTENANCE & REHABILITATION RURAL ACCESS PROGRAM: ROAD TRANSPORT CONSTRUCTION OF SINDHULI ROAD CONSTRUCTION OF SINDHULI ROAD ARNIKO HIGHWAY REHABILITATION PROJECT ARNIKO HIGHWAY REHABILITATION PROJECT ROAD: RURAL ACCESS PROGRAMME RURAL ACCESS PROGRAM: ROAD TRANSPORT IMPROVEMENT OF INTERSECTIONS IN KATHMANDU CITY PROJECT FOR IMPROVEMENT OF INTERSECTIONS IN KATHMANDU CITY PROJECT FOR CONSTRUCTION OF SINDZULI ROAD TRANSPORTS AERIENS AIRPORTS AIR TRAFFIC SYSTEM IMPROVEMENT:TRIBHUVAN EDUC./TRNG IN TRANSPORT & STORAGE COOPÉRATION AVEC L'INSTITUT AÉRONAUTIQUE ET SPATIAL Southeast Europe: 1998 1999 1999 2000 2000 2001 2000 2001 1999 2000 2000 2000 2000 2000 2000 Netherlands Netherlands IBRD Netherlands IDA Switzerland United States Japan United States United States United States United States United States United States United States MFA MFA DDC TDA MOFA TDA TDA TDA TDA TDA TDA TDA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA FYRMACEDONIA 2001 1998 Sweden France Sida MAE MOLDOVA MOLDOVA MFA 311 3 5.14 09.01.2001 1/6/2004 ROAD MANAGMENT MECANIQUE ET MATERIELS DE TRANSPORT TABLE 6: Airport Traffic in Landlocked Developing Countries Airports Ranked by Air Freight Tonnage Loaded, and Compared with Recent Trends and with Aid and Private Airport Investments in 1990-2001 Airport Location: Country Passengers City Year Description Embarked Disembarked Freight (metric tons) Total Loaded (exports) Unloaded (imports) Total Freight Freight Loaded as Loaded % of Total in grams Freight Per Capita 22 Airports in 18 LLDCs with Data on Freight Exports and Imports, Ranked by Freight Tonnage Loaded in Latest Year: UGANDA ENTEBBE 2001 Total international (1+2) 1995 Total international (1+2) 91-96 $66.579 million Aid 173,313 126,872 170,409 127,463 343,722 254,335 22,791 8,448 14,332 11,323 37,123 19,771 61 43 978 363 ETHIOPIA ADDIS ABABA 2001 Total international (1+2) 1995 Total international (1+2) 91-01 $69.364 million Aid 434,860 317,932 413,747 324,512 848,607 642,444 12,261 14,335 13,952 19,291 26,213 * 33,625 47 43 195 228 UZBEKISTAN TASHKENT 2000 Total international (1+2) 1997 Total international (1+2) 95-97 $188.217 million Aid 623,782 541,244 1,165,026 597,768 9,433 10,947 13,412 19,964 22,845 30,911 41 35 379 440 NEPAL KATHMANDU 2001 1995 1995 1993 90-97 Total: Loaded and Unloaded Total international (1+2) 461,282 * Tot commercl(1+2+4) 704,710 * Total: Loaded and Unloaded $77.850 million Aid 15,866 A 12,948 13,851 * 19,188 A n.a. 58 60 n.a. n.a. 326 360 n.a. 2002 2001 2000 95-01 2001 Total: Loaded and Unloaded Total international (1+2) 372,712 346,601 Total international (1+2) 247,452 * 221,028 * $1.953 million Aid $50 million private participation concession 7,397 10,355 11,368 * n.a. 39 45 n.a. 1,060 1,345 ARMENIA YEREVAN KYRGYZSTAN BISHKEK 2001 Total international (1+2) 1996 Total international (1+2) 96-97 $54.412 million Aid KAZAKHSTAN ALMATY 1996 Total international (1+2) 1995 Total international (1+2) 97 $0.066 million Aid 112,565 59,085 406,980 * 652,724 * 100,346 53,140 1,849,766 868,262 1,357,434 1,137,673 A * * A 7,501 * 8,288 * 5,447 * 5,563 * 826,170 A 719,313 468,480 * 4,013 5,092 * 6,342 6,277 * 212,911 112,225 1,456 595 6,443 942 7,900 * 1,537 18 39 296 121 1,235 3,349 16,003 + 4,584 n.a. 27 n.a. 76 484,557 + 276,364 PARAGUAY ASUNCION 1999 Total international (1+2) 1996 Total international (1+2) (No Aid Projects) 201,969 242,599 176,460 233,084 378,429 475,683 1,141 1,537 4,973 4,730 6,114 6,267 19 25 208 280 MONGOLIA ULAN BATOR 2001 Total international (1+2) 1999 Total international (1+2) 93-95 $41.155 million Aid 94,072 70,536 83,511 63,132 177,583 133,668 973 987 1,557 1,086 2,530 2,073 38 48 384 390 TABLE 6: Page 2: Freight Freight Airport Location: Passengers Description Country City Year UZBEKISTAN SAMARKAND 2000 Total international (1+2) 15,597 12,767 28,364 BOLIVIA SANTA CRUZ 2001 Total international (1+2) 145,480 145,480 * 290,960 * BOLIVIA LA PAZ 2001 Total international (1+2) 143,911 143,911 * 287,822 * 765 * 1,664 * 2,429 94 $35.959 million Aid 96 $116.6 miliion private participation concession covering all 3 airports, mainly passenger terminals. MALAWI LILONGWE 2001 2000 1995 96 Total international (1+2) Total international (1+2) Total international (1+2) $0.821 million Aid Embarked Disembarked Freight (metric tons) 62,656 60,140 58,919 58,691 234,007 211,195 216,758 213,185 27,953 30,079 31,800 35,100 41,961 35,175 Total 114,000 + 121,575 118,831 21 99 31 92 2,500 + 3,828 2,370 n.a. 18 31 n.a. 61 66 2,293 4,464 9,609 + 29 60 n.a. 326 1,320 n.a. n.a. 10 26 n.a. 54 136 83,000 + 84,043 72,037 342 426 1,449 1,952 1,100 + 1,792 2,378 n.a. 19 18 n.a. 32 39 318 510 717 307 1,083 1,649 1,226 1,520 1,401 2,159 1,943 1,826 23 24 37 17 74 119 167 71 240 1,813 3,079 4,599 2,560 A 3,319 * 6,413 n.a. 7 28 n.a. 38 285 90 105 255 216 345 321 26 33 8 9 Total commercial air transport (1+2+4) Total commercial (1+2+4) 42,082 Total commercial air transport 36,862 (1+2+4) $0.260 million Aid MOLDOVA, REP. OF KISHINEV 2001 2000 1998 1997 98 Total international (1+2) Total international (1+2) Total international (1+2) Total international (1+2) $0.003 million Aid 132,525 126,198 131,741 142,505 140,273 128,036 133,003 138,983 BURUNDI 2002 Total: Loaded and Unloaded 2001 Total international (1+2) 24,967 1995 Total international (1+2) 32,943 (No Aid Projects) 26,848 30,470 75,807 A 51,815 63,413 29,190 16,211 53,426 31,355 Passengers 3,992 * 2,300 + 4,270 * 4,214 2000 1998 1995 95 TABLE 6: Page 3: Airport Location: 3,168 * 3,842 3,139 Total international (1+2) Total international (1+2) Total international (1+2) $13.483 million Aid 24,236 15,144 35 427 1,075 2000 1997 1996 90-01 2000 Total international (1+2) 1995 Total international (1+2) 96 $0.821 million Aid 94 17,000 + 59,753 65,179 N'DJAMENA BLANTYRE 919 1,630 1,779 CHAD MALAWI 52 663 2,685 2001 Total international (1+2) 1997 Total international (1+2) 1995 Total international (1+2) 2000 $0.209 million Aid BUJUMBURA 824 * Total 3,136 1,630 SKOPJE NIAMEY 867 Unloaded (imports) 692 741 FYR MACEDONIA NIGER Loaded (exports) Loaded as Loaded % of Total in grams Freight Per Capita 450,765 424,380 580,918 + 272,798 254,234 264,744 281,488 Freight (metric tons) Freight Loaded as % of Total Freight Loaded in grams Country City Year Description LAO P.DEM.REP. VIENTIANE 2001 1998 1995 92-96 Total international (1+2) Total international (1+2) Total international (1+2) $56.170 million Aid Embarked Disembarked Total Loaded (exports) Unloaded (imports) Total Freight 70,682 * 58,280 * 68,152 * 56,724 * 190,000 + 138,834 * 115,004 * 87 * 31 * 663 * 111 * 700 + 751 * 142 * 65,236 * 83 * 112 * 28 537 SWAZILAND MANZINI 1995 Total international (1+2) 94 $0.048 million Aid 31,744 * 33,492 * FYR MACEDONIA OHRID 2001 Total international (1+2) 1996 Total international (1+2) 26,429 50,743 23,722 50,448 50,151 101,191 8 198 Per Capita n.a. 12 22 n.a. 16 6 195 43 90 36 736 22 27 4 97 7 Other LLDC Airports with Data Only on Total Freight (Loaded + Unloaded): ZIMBABWE HARARE 2002 Total: Loaded and Unloaded 2001 Total: Loaded and Unloaded 1999 Tot commercl(1+2+4) 638,343 * 629,549 A 790,001 A 637,412 * 1995 Total: Loaded and Unloaded 37,416 A 29,436 A 1,275,755 * 1,144,475 A 13,060 A 90-95 $24.807 million Aid ZAMBIA LUSAKA 2002 2001 1995 1990 90-96 Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded $13.045 million Aid RWANDA KIGALI 2002 Total: Loaded and Unloaded 2001 Total: Loaded and Unloaded 1995 Total: Loaded and Unloaded 90-97 $0.722 million Aid BURKINA FASO OUAGADOUGOU 2002 2001 1997 1990 96 MALI BAMAKO Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded $2.443 million Aid 2002 Total: Loaded and Unloaded 2001 Total: Loaded and Unloaded 1997 Total: Loaded and Unloaded 93-01 $3.980 million Aid TABLE 6: Page 4: Airport Location: Country 392,285 433,521 304,252 589,667 Year Description 15,625 24,935 7,075 14,393 5,818 A 6,671 A 7,997 A 193,283 208,055 278,126 201,023 4,437 4,918 7,327 9,694 A A A A 336,508 A 363,889 A 363,352 A Embarked Disembarked A A A A 113,336 A 112,509 A 83,834 A Passengers City A A A A 1,391 A 4,534 A 5,515 A Freight (metric tons) Total A A A A Loaded Unloaded Total Freight Freight Loaded as Loaded % of Total in grams Freight Per Capita (exports) CENTRAL AFR. REP. BANGUI 2002 2001 1995 1990 90-01 KAZAKHSTAN 2002 Total: Loaded and Unloaded 2001 Total: Loaded and Unloaded ASTANA Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded Total: Loaded and Unloaded $2.590 million Aid 45,681 56,038 71,405 78,614 (imports) A A A A 340,907 A 299,177 A 4 Other LLDC Airports with Data Only on Passenger Traffic: BOTSWANA GABORONE 2001 Total international (1+2) 1995 Total international (1+2) 91-00 $5.867 million Aid 87,828 62,900 86,897 62,315 174,725 125,215 BOLIVIA COCHABAMBA 2001 Total international (1+2) 92 $16.234 million Aid 54,300 54,300 * 108,600 * BOTSWANA MAUN 2001 Total international (1+2) 1995 Total international (1+2) 18,827 10,548 17,995 9,314 36,822 19,862 LESOTHO MASERU 2001 2000 1997 1995 92 13,515 10,205 15,026 14,988 12,071 15,615 29,000 + 28,503 22,276 30,641 Total international (1+2) Total international (1+2) Total international (1+2) Total international (1+2) $0.172 million Aid 5 LLDCs with Airport Traffic Unreported: AFGHANISTAN (No Traffic Data Avail.) (No Aid Projects) AZERBAIJAN (No Traffic Data Avail.) $14.719 million Aid BHUTAN (No Traffic Data Avail.) $0.410 million Aid 92 TAJIKISTAN (No Traffic Data Avail.) $4.105 million Aid 95 TURKMENISTAN (No Traffic Data Avail.) 95-01 (No Aid Projects) Notes: Source: ICAO Air Transport Reporting Form I, except as otherwise noted. (1+2) = scheduled + non-scheduled international flights; (+4) = +domestic scheduled and non-scheduled flights. * estimated data. + data from other sources. A = data from Airports Council International (ACI). Data on Aid to Airports is from Table 7 of this report, and that on Private Participation Investments in Airports is from the PPI database. 1,295 1,613 3,057 5,317 A A A A 1,309 A 1,331 A TABLE 7: Commitments of Official Development Finance for the Airport Sector in 31 Landlocked Developing Countries, by Individual Project and Donor, 1990-2001 Source: OECD/DAC Creditor Reporting System Commit. Year Donor Name Agency Recipient Name Commitment Grant Date Element AFGHANISTAN (NO PROJECTS) 1995 1995 1998 1998 1999 2001 France Netherlands France France UNDP France NATEXIS M.F.A. NATEXIS MAE MAE ARMENIA ARMENIA ARMENIA ARMENIA ARMENIA ARMENIA 1996 1997 Germany Germany KFW KFW AZERBAIJAN AZERBAIJAN 1992 Australia AusAID Amount US$(000) 1/8/1995 1/7/1995 1/4/1998 12/31/1998 12/31/1999 12/31/2001 100 100 100 100 100 100 1/11/1996 1/7/1997 81 80 BHUTAN 1/4/1992 100 410 BURUNDI (NO PROJECTS) 1/6/1992 1/6/1992 1/7/1992 1/3/1992 1/10/1994 1/1/1994 1/9/1994 1/12/1995 100 100 65 70 100 100 100 100 3,074 856 16,234 2,353 901 1,272 34,687 56 1/1/1991 1/1/1992 12/31/1993 12/31/2000 100 100 100 100 5,184 472 54 157 1991 1992 1993 2000 United Kingdom DFID France NATEXIS EC EDF United States TDA BOTSWANA BOTSWANA BOTSWANA BOTSWANA 1996 France AFD BURKINA FASO 1/4/1996 51 2,443 2000 2001 1990 1994 1995 1995 1995 France France EC EC France France CEC (EDF) MAE MAE EDF EDF AFD AFD EDF CENTRAL AFR. REP. 12/31/2000 CENTRAL AFR. REP. 12/31/2001 CENTRAL AFRICAN REP.12/31/1990 CENTRAL AFRICAN REP.12/31/1994 CENTRAL AFRICAN REP. 1/4/1995 CENTRAL AFRICAN REP. 1/11/1995 CENTRAL AFRICAN REP.12/31/1995 100 100 100 100 100 100 100 314 229 61 42 942 1,002 - 1990 1991 1991 1993 1994 1999 2000 2001 France France France France EC France France France FAC AFD FAC FAC EDF MAE MAE MAE CHAD CHAD CHAD CHAD CHAD CHAD CHAD CHAD 1/1/1990 1/10/1991 1/7/1991 1/2/1993 12/31/1994 12/31/1999 12/31/2000 12/31/2001 100 100 100 100 100 100 100 100 6,886 3,546 2,260 265 83 204 209 30 1991 1996 1996 1998 TABLE 7: Commit. AfDB Netherlands MFA AfDF France MAE (continued) page 2 1/3/1991 7/1/1996 1/10/1996 12/31/1998 12 100 83 100 ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA Commitment Grant Expected Expected Starting Completion Date Date Short Description Interest 11/1/1995 6,646 1/6/2008 1/6/2036 8,073 1/12/2007 1/12/2037 Italy Italy Italy Spain France Japan Japan Italy BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA BOLIVIA Final Repay Date 902 2 1,017 7 25 1992 1992 1992 1992 1994 1994 1994 1995 DGCS DGCS MC ICO NATEXIS MOFA MOFA D.G.C.S First Repay Date 1 1 3/1/1996 CONTROLE DU TRAFIC AERIEN 1/11/1995 AIR TRANSPORT CONTROLE TRAFIC AERIEN TRANSPORTS AERIENS ZVARTNOTZ AIRCARGO TERMINAL RÉSEAUX D'INFRASTRUCTURES - ASSISTANCE TECHNIQUE / FORMATION 1/12/1997 EMERGENCY AID AIRPORT BAKU BAKU AIRPORT AIR NAVIGATIONAL EQUIPMENT, AF 1/7/2003 1/3/2002 1/1/2013 1/9/2018 AIR TRAFFIC CONTROL/RADIO SYSTEM FLIGHT CONTROLLERS /TECHNICIANS TR. AIRPORT EXTENSION, COCHAMBA ELECTRIC AIRPORT EQUIPMENT, AF AIR TRANSPORT SURVEY AIRPORT MODERNISATION, LA PAZ EL ALTO AIRPORT MODERNISATION AIRPORT GUIDANCE SYSTEMS 2 1 FLIGHT INFORMATION PROJECT AIRPORT EQUIPMENT, GABORONE EVALUATION OF KASANE AIRPORT PROJECT TRAINING: RADAR DATA PROCESSING 1/4/2003 1/10/2011 40,338 1/7/1996 1/1/2011 228 28,041 1/10/2006 1/10/2046 46 First Final Amount Repay Repay 2 5/1/1996 5/1/1995 12/1/1995 1196 8 1/5/2001 INFRASTRUCTURES AEROPORTUAIRES EDUC./TRNG IN TRANSPORT & STORAGE TRANSPORTS ET TRANSP AERIEN DE FRET REALISATION PRISES VUE VILLE BAMBARI 1/5/2000 TRAVAUX URGENCE FLOTTE ACCF 1/12/2000 REFECT. CHAUS. AEROP. DE BERBERAT AIR TRANSPORT AIRPORTS CHAD SECONDARY AIRPORT FAYA LARGEAU AIRPORT N'DJAMENA AIRPORT SECURITY ETUDE DE FAISABILITE REHABILITATION TRANSPORTS AERIENS AIR TRANSPORT APPUI AUX TRANSPORTS AERIENS ETHIOP. AIRLINES INFRASTRUCTURE DEV 5/1/1997 AIR TRANSPORT 1 MODERNISATION AEROPORT ADDIS ABEBA TRANSPORTS AERIENS Expected Expected Starting Completion 1/11/1996 Year Donor Name Agency Recipient Name 1999 1999 1999 2000 2000 2000 2001 2001 Norway France UNDP Ireland Ireland Ireland Norway Ireland ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA ETHIOPIA 1/1/1999 12/31/1999 12/31/1999 12/31/2000 12/31/2000 12/31/2000 1/1/2001 12/31/2001 100 100 100 100 100 100 100 100 47 8 172 3 33 3 434 11 2000 2000 United States TDA United States TDA FYRMACEDONIA FYRMACEDONIA 12/31/2000 12/31/2000 100 100 206 3 1997 Canada CIDA KAZAKHSTAN 1/1/1997 100 66 1996 1996 1997 Japan Japan France OECF KYRGYZ REP. OECF KYRGYZ REP. NATEXIS KYRGYZ REP. 1/6/1996 1/6/1996 1/5/1997 59 63 43 45,818 4,311 4,283 1992 1994 1995 1996 France AsDF Japan Japan AFD MOFA MOFA LAOS LAOS LAOS LAOS 1/11/1992 1/2/1994 1/6/1995 5/28/1996 100 72 100 100 2,135 10,575 17,991 25,469 1992 Sweden SIDA LESOTHO 1/7/1992 100 172 1996 France NATEXIS MALAWI 1/7/1996 100 821 1993 1993 1996 1999 2001 France AFD France AFD France AFD United States TDA United States TDA MALI MALI MALI MALI MALI 1/1/1993 1/3/1993 1/5/1996 12/31/1999 12/31/2001 100 100 100 100 100 3,116 177 254 288 145 1998 France MAE MOLDOVA 12/31/1998 100 3 1993 1995 AsDF AsDF AsDF MONGOLIA MONGOLIA 1/12/1993 1/11/1995 78 72 25,745 1/5/2004 1/11/2033 15,410 1/12/1999 1/7/2035 1990 1990 1990 1991 1991 1993 1993 1993 1994 1994 1994 1995 1996 1997 1997 1997 France France Australia Australia Australia Canada Australia Australia Canada Japan Japan Canada Canada France France AsDF NATEXIS NATEXIS AusAID AusAID AusAID CIDA AusAID AusAID CIDA MOFA MOFA CIDA CIDA NATEXIS NATEXIS NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL NEPAL 1/4/1990 1/4/1990 1/2/1990 1/3/1991 1/3/1991 1/3/1993 1/11/1993 1/3/1993 1/11/1994 1/1/1994 1/7/1994 1/11/1995 1/11/1996 1/2/1997 1/2/1997 1/6/1997 100 76 100 100 100 100 100 100 100 100 100 100 100 100 72 72 1,901 3,516 1/12/2000 1/12/2023 894 87 87 3,780 1,358 3,026 6 1,037 33,787 28 32 428 2,227 1/2/2004 1/3/2030 25,656 12/31/20013/15/2037 1995 France F.A.C. NIGER 1/12/1995 100 MFA MAE DFA DFA DFA NORAD DFA TABLE 7: (continued) page 3 Commit. Year Donor Name Agency Recipient Name Date Element Commitment Grant Date Element US$(000) Date Date Interest Date Short Description 01.01.1999 1/12/1999 EDUCATION/TRAINING IN TRANSPORT & STORAGE TRANSPORTS AERIENS STRENGTH ADDIS ABABA AIRPORT PROJECT TRANSPORT: TRAINING TRANSPORT: CAPACITY BUILDING TRANSPORT: TRAINING 01.01.2002 1/12/2006 EDUC./TRNG IN TRANSPORT & STORAGE EDUC. /TRAINING IN TRANSPORT STORAGE : CAPACITY BUILDING AIRPORT UPGRADE/REHABILITATION BUSINESS PLAN AIRPORT UPGRADE/REHABILITATION BUSINESS PLAN 12.09.1997 1/6/2006 1/6/2006 1/5/2003 1/6/2026 1/6/2026 1/8/2013 3 2 3 1/6/1998 1/8/2033 1 1/1/1998 1/1/1998 AIR TRANSPORT 1/12/1999 IMPROVE INTERNATIONAL AIRPORT 1/12/1999 IMPROVE INTERNATIONAL AIRPORT RENOVATION CENTRE DE CONTROLE AEROP AIRPORT EQUIPMENT AIRPORTS IMPROVEMENT VIENTIANE INTERNATIONAL AIRPORT RENOVATION OF VIENTIANE AIRPORT 07.01.89 1/12/1996 AIR TRANSPORT EQUIP.POUR NAVIGATION AERIENNE 293 493 6/1/1996 AIR TRANSPORT AIRPORT REHABILITATION, BAMAKO 1/6/2001 AMENAGEMENT AEROPORT DE BAMAKO AIR TRANSPORT BAMAKO-SENOU AIRPORT EXPANSION MECANIQUE ET MATERIELS DE TRANSPORT 1 1 1 AIRPORT PROJECT - ULAANBAATAR NATIONAL AIR NAVIGATION DEV. 1293 1293 9090 691 1-Jan-89 1 1 260 Amount US$(000) Date AIRPORT EQUIPMENT AIRPORT EQUIPMENT AIRPORT FACILITIES, KATHMANDU KATHMANDU INTERNATIONAL AIRPORT AIRPORTS AIR TRANSPORT LANDING SYSTEM, KATHMANDU AIRPORT AIR NAVIGATION AIDS SUPPLY, AF NEPALGUNJ AIRPORT UPGRADING AIRPORT MODERNISATION, KATHMANDU KATHMANDU AIRPORT MODERNISATION 1/3/1993 AIRPORT SECURITY 1/3/1993 AIRPORT SECURITY REMISE NIVEAU EQPTS AEROPORTUAIRES EQPTS AEROPORTS DOMESTIQUES INTERNTL AIRPORT IMPROVEMENT PROJECT SURETE DE L'AEROPORT INTERN DE MIAME First Repay Date Final Repay Date Interest Expected Expected Starting Completion Date Date Short Description PARAGUAY 1990 1994 1995 1996 1997 1997 1997 1997 1997 France Belgium Belgium Belgium Netherlands Netherlands Netherlands Netherlands Netherlands FAC AGCD AGCD AGCD MFA MFA MFA MFA MFA RWANDA RWANDA RWANDA RWANDA RWANDA RWANDA RWANDA RWANDA RWANDA 1994 EC EDF SWAZILAND 1995 Netherlands M.F.A. 1991 1991 1991 1994 1994 1995 1996 Spain Spain Spain Denmark Denmark France France ICO ICO ICO DANIDA DANIDA NATEXIS NATEXIS UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA UGANDA 1995 1995 1995 1996 1996 1997 Germany Germany Germany Japan Japan Germany KFW KFW KFW OECF OECF KFW 1990 1991 1992 1993 1994 1995 1996 Italy Italy Italy Italy EC Belgium EC DGCS DGCS DGCS DGCS EDF AGCD EDF 1990 1991 1991 1991 1991 1991 1993 1993 1993 1993 1993 1995 1995 United Kingdom DFID France NATEXIS France NATEXIS United Kingdom DFID United Kingdom DFID United Kingdom DFID France NATEXIS France NATEXIS Sweden SIDA United Kingdom DFID United Kingdom DFID France NATEXIS Germany KFW (NO PROJECTS) 100 100 100 100 100 100 100 100 100 275 59 4 1 75 52 85 81 90 100 48 100 4,105 1/4/1991 1/4/1991 1/4/1991 1/4/1994 1/3/1994 1/1/1995 1/3/1996 52 52 52 100 100 100 100 26,422 7,000 1,250 464 25,945 5,009 489 UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN UZBEKISTAN 1/6/1995 1/6/1995 1/9/1995 12/17/1996 12/17/1996 12/1/1997 100 84 83 59 62 81 ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA ZAMBIA 1/6/1990 1/6/1991 1/6/1992 1/6/1993 12/31/1994 12/1/1995 1/4/1996 100 100 100 100 100 100 100 900 2,596 2,032 400 131 5 6,981 ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE ZIMBABWE 1/11/1990 1/2/1991 1/2/1991 1/1/1991 1/29/1991 6/2/1991 1/2/1993 1/2/1993 1/8/1993 1/2/1993 4/3/1993 1/3/1995 1/6/1995 100 100 72 100 100 100 71 71 100 100 100 82 65 2,597 620 1,461 1/12/2001 1/12/2024 4,373 527 573 1,236 1/12/2003 1/12/2025 1,261 1/12/2003 1/12/2025 1,390 6,456 1,081 1,503 1/6/2005 1/12/2027 1,729 1/6/2005 1/6/2025 TAJIKISTAN TURKMENISTAN 1/7/1990 1/12/1994 12/1/1995 1/12/1996 1/7/1997 1/7/1997 1/7/1997 1/7/1997 1/7/1997 12/31/1994 1/7/1995 1/11/1996 1/11/1996 1/11/1996 1/11/1996 1/11/1996 11/1/1996 11/1/1996 11/1/1996 11/1/1996 11/1/1996 AIR TRANSPORT AEROPORT DE KIGALI AIR TRANSPORT AEROPORT DE KIGALI AIR TRANSPORT AIR TRANSPORT AIR TRANSPORT AIR TRANSPORT AIR TRANSPORT STUDY MATSAPHA AIRPORT DEVELOPMENT. 10/1/1995 1/12/1995 REPAIR RUNWAY DUSHANBE AIRPORT (NO PROJECTS) 1/4/1998 1/4/1998 1/4/1998 1/4/2011 1/4/2011 1/4/2011 209 21,621 1/8/2020 1/8/2027 12,554 1/1/2019 1/1/2026 130,221 12/20/20066/20/2026 12,482 12/20/20066/20/2026 11,130 6/1/2008 12/1/2037 3 3 3 ENTEBBE AIRPORT ENTEBBE AIRPORT ENTEBBE AIRPORT AIRPORT TECHNICAL SPECIFICATIONS ENTEBBE AIRPORT RUNWAYS REHABILIT. AIRPORT EQMT REHABILITATION REHAB.TOUR CONTROLE AEROPORT ENTEBBE 1294 1296 795 1 795 1 795 3 1/1/1997 04/30/1999 2 1/1/1997 04/30/1999 1 01.12.1997 1/3/1998 TASHKENT AIRPORT EMERGENCY RELIEF TASHKENT AIRPORT EMERGENCY RELIEF TASHKENT AIRPORT REHAB. AIR TRANSPORT AIR TRANSPORT TASHKENT AIRPORT RUNWAYS REHAB. LUSAKA AIRPORT GUIDANCE SYSTEMS RADAR SYSTEM, LUSAKA AIRPORT CIVIL AVIATION STAFF TRAINING RESURFACING MAIN RUNWAY LUSAKA AIRPO AIR TRANSPORT REHAB. IMPVT.LUSAKA INTERNAT AIRPORT 2 2 2 08.01.93 0 2 195 HARARE AIRPORT RADAR, AF HARARE AIRPORT EXTENSION SURVEY, AF HARARE AIRPORT EXTENSION SURVEY, AF AIRFIELD CRASH TENDERS, AF AIR TRANSPORT AIR TRANSPORT AIRPORT EQUIPMENT, AF AIR TRANSPORT MASTER PLAN, AF 1/12/1996 AIR TRAFFIC SERVICES AIR TRAFFIC CONTROL RADAR SYST., AF AIR TRANSPORT NIGHT LANDING SYSTEM, AF CIVIL AVIATION EQUIPMENT/TRAINING
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