Private Infrastructure in East Asia: Lessons learned in the aftermath of the crisis

Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the public sector but seeking private sector involvement to augment capacity through new greenfield investments.

Philippines: NAIA Expressway

Decades of underinvestment in infrastructure in the Philippines has created a huge backlog of projects that need to be studied, developed, and tendered, demanding resources and expertise beyond the capacity of the government. Transportation infra- structure is a significant component of the government’s focus, and to address this, IFC was hired to advise the government on the NAIA Expressway Project—a key part of Metro Manila’s urban expressway system.