India`s 10-yr low in PPI |
India recorded a 10-year low in investments in public-private sector in the year 2015, adding to contraction that pulled down the global investment to below its five-year average of US$ 124.1 billion, the World Bank has said. Global investment in 2015 decreased to US$ 111.6 billion, below the five-year average of US$ 124.1 billion from 2010 to 2014.This contraction resulted from lower investments in Brazil, China and India. India recorded a 10-year low in investments, as only six road projects- usually a rich source of PPI over the past 10 years- reached financial closure, the World Bank said.In South Asia, there were 43 deals for a combined total of US$ 5.6 billion that closed in the region, representing 5 per cent of the total investment- a decline of 82 per cent from the five-year average of US$ 30.5 billion. "Consistent with historical trends, India generated a majority of the projects (36 out of 43); Pakistan had four; Nepal, two; and Bangladesh, one.
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