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Turkey Ranks Second in Infrastructure Investment in 2014

The World Bank says that Turkey ranks second in commitments for total infrastructure investment in 2014, behind Brazil. Peru, Colombia and India followed in third, fourth and fifth positions, respectively, out of 139 emerging countries.

According to a World Bank report, total infrastructure investments in 139 emerging economies for projects with private participation in the energy, transport and water sectors rose to $107.5 billion in 2014, driven largely by increasing activity in Brazil.

The top five countries attracted a combined total of $78 billion, representing 73 percent of the investment commitments in the developing world in 2014.

With 17 new projects, Turkey was able to secure the second highest investment volume, according to the report.

The energy sector had the largest number of new projects, but the sector with the greatest total of investment commitments was the transport sector, receiving $55.3 billion, or 51 percent of total global investment commitments.

Within the transport sector, roads attracted the most investment commitments with $28.5 billion in 33 projects. Four out of the top five road projects were in Brazil, with the fifth-largest project in Turkey. Airports captured the second highest investment commitments total with $13.2 billion devoted to five projects

http://www.hurriyetdailynews.com/turkey-ranks-second-in-infrastructure-investments-after-brazil-world-bank-.aspx?pageID=238&nid=83758&NewsCatID=344

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