COVID-19 & infrastructure: Why governments must act to protect projects
Publication Date:
Mar 30, 2020
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Here are steps that governments can take to support infrastructure in the crisis.
Economic disruptions are cascading globally as a result of COVID-19. For infrastructure investors, the sudden evaporation of demand is colliding with cost increases, or at least cost uncertainty. Once these economic realities become balance sheet realities, a “tidal wave” will come into view that risks overwhelming the legal system with contract disputes.
This blog is managed by the Infrastructure Finance, PPPs & Guarantees Group of the World Bank. Learn more here.
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