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« AIC and Brookfield Redding Launch Infrastructure Fund | Main | India's infrastructure industries log 8.7 percent growth »

April 3, 2008

World Bank sees emerging market investment plunge


By Walter Brandimarte

MIAMI (Reuters) - Total investment into emerging market economies will likely drop to some $600 billion (300 billion pounds) in 2009, from a peak of $1 trillion last year, as the global credit crisis discourages bank and fund investors from taking on risk, a World Bank official said on Wednesday.

Yukiko Omura, executive vice president with the bank's Multilateral Investment Guarantee Agency, or MIGA, said current market conditions are "disconcerting," and will eventually affect investment and financing of infrastructure projects in emerging countries

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Posted by dcjaya at April 3, 2008 8:37 PM