Description:
China’s investments are one way for expanding infrastructure that many Latin American countries have been seeking through Public-Private Partnerships (PPP). To attract and retain the interest of the private sector, the existence of a proper, strong governance, as well as stable and sound legal frameworks is paramount. Decision-making and implementation processes also need to be improved to ensure that the match between the infrastructure investment needs in Latin America and the Chinese financing capabilities effectively results in a leap towards the improvement of infrastructure in quantity and quality, an imperative for the sustainable development of the region. The current document offers an overview of the needs for infrastructure investments in Latin America and the region’s experience with PPP in infrastructure up to now, as well as the current capabilities and potential of the Chinese public and private sectors to join the infrastructure PPP market in Latin America.
Abstract .-- Introduction .-- I. Infrastructure investments in Latin America: gaps, trends and space for public policies. A. Persistent infrastructure gap in Latin America. B. Public policies and the role of Governments in infrastructure development in Latin America. C. Public Private Partnerships (PPPs) in infrastructure: regional experience and lessons learned .-- II. China: its current and potential role in infrastructure investment in Latin America. A. The capability accumulation process of the Chinese infrastructure companies. B. The capability development of Chinese infrastructure companies. C. The current participation of the Chinese companies in Latin America .-- III. Conclusions.