The Government of Peru has launched an aggressive second phase of infrastructure concessions covering all sectors, including transport, rural telephony, gas, energy and water and sanitation. To help inform the second phase, this report provides an in-depth analysis of the past program in Peru by analyzing the process, design and impact of the program as well as the public perceptions. The report encompasses private participation progress and highlights; characteristics of the privatization and concession processes; impacts of private participation; public perceptions of private participation; and a road map for the Peru Concession Program. The report concludes that to move forward successfully, a number of adjustments are required on process design and financing.
Details
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Document Date
2006/06/30
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Document Type
Economic Updates and Modeling
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Report Number
32674
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2006/08/14
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Disclosure Status
Disclosed
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Doc Name
Peru - Rethinking private sector participation in infrastructure
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Keywords
Privatization;Telecommunications;private sector participation in infrastructure;Finance, Private Sector & Infrastructure;private participation in infrastructure;contract design;private investment in infrastructure;access to basic service;provision of infrastructure service;infrastructure concession;award process;government revenue;public service provider;public transportation infrastructure;consumer welfare;financial equilibrium;competitive bidding process;air traffic control;price and quality;privatization of state;power generation capacity;revenue from privatization;electricity generation company;free electricity market;impacts on employment;universal service obligation;social accounting matrix;result of privatization;long term investment;infrastructure service provision;third party access;dispute resolution mechanism;distribution and transmission;opposition to privatization;quality and efficiency;living standard measurement;energy and water;competition from bus;private public partnership;scarce public fund;regulatory asset base;domestic capital market;access to information;monthly fixed charge;allocation of risk;average labor income;investment commitment;private company;electricity sector;tariff adjustment;concession award;commercial risk;exclusivity period;vertical integration;Public Services;telephone service;Road Networks;positive impact;institutional framework;transport concession;public perception;market structure;concession process;opportunistic behavior;privatization process;social issue;local market;laid-off worker;selection criterion;electricity distribution;electric sector;tariff review;average cost;replacement value;public support;public financing;rural transportation infrastructure;regulatory design;international service;price cap;reserve price;important change;efficiency gain;regulation framework;quality service;firm performance;expenditure quintile;international rate;concession area;concession duration;risk allocation;potential investor;mutual agreement;bilateral negotiation;private operator;electricity companies;fair return;electricity contract;
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Citation
Peru - Rethinking private sector participation in infrastructure (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/697271468298455126/Peru-Rethinking-private-sector-participation-in-infrastructure