An Analysis Of PPP Investment And Financing Environment In Latin America

Many countries in Latin America are dedicating to attract domestic and foreign investors to collaborate on public-private partnership projects in the transportation, telecommunications and other infrastructure industries. For now, the PPP total investment by the Latin American countries in the region is the world’s largest investment amounted to 70.01 billion US dollars in 2013,accounting for 44.7 percent of total global investment at the same year. Moreover, Latin America is one of the earliest areas of the world in the implementation of PPP. It has been more than 30 years of history from the 1980 s, during which the project has accumulated a lot of practical experience, also passing through with a large-scale change of project investment and financing.Since 2012, the PPP implementation scale in Latin America began to decline significantly.The issue of this article aims to study is: What are the key factors in the impact of changes in the size and trends of the Latin American regional infrastructure PPP? Or, what is the key point in the impact of Latin American infrastructure PPP success application? This paper attempts to find these key factors in Latin America PPP infrastructure investment and financing environment.Thus, the author constructed key factors analyzing framework for the effects of the PPP application of infrastructure in Latin America, namely- “Latin America PPP infrastructure investment and financing environment research system,” and through this analysis framework typical five countries were selected for the key factors analysis. A number of key factors influencing the success of infrastructure PPP applications in Latin American were found at last. The four most important factors are:government policy support, project selection and decision-making process, the professional level of special agencies and oversight capacity, the establishment and implementation of legal framework.