World Bank Group Assistance for Minerals Sector Development and Reform in Member Countries

Download or read book World Bank Group Assistance for Minerals Sector Development and Reform in Member Countries written by William Torrens Onorato and published by World Bank Publications. This book was released on 1998-01-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 399. This paper examines the increased role of the private sector in developing and maintaining critical infrastructure. It identifies governments' quest to shift part of the burden of new infrastructure investments to the private sector for the economic development of firms and industry and the improvement of quality of life and, given the constraints on public budgets, to finance growing infrastructure needs. Adequate infrastructure services include power, telecommunications, transport, water supply and sanitation. The paper also emphasizes the private sector involvement in bringing increased efficiency to investment and management and operation.