The Private Infrastructure Development Group (PIDG) published their analysis of the main market failures to be overcome to support sustainable infrastructure in the poorest and most fragile countries, including a strategy to address them.
Limited supply of long-term (local and foreign currency) financing, absence of bankable projects developed by the private sector and limited government capacity to support infrastructure projects initiated by public bodies are listed as the main hurdles in the way of providing key infrastructure needs.
Through technical assistance, project preparation and innovative credit solutions, PIDG strives for commercially viable project that are relevant for development of countries in the sub-Saharan Africa and south- and south-east Asia.
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