Funding challenges of infrastructures in developing countries' economies

Abstract EN

The main aim of this study is to evaluate the problems of financing infrastructures in developing nations, as founding a sound funding framework to respond to developing countries' growing infrastructure needs, continues to be the key challenge.

Infrastructure represents the wheels of economic and social activity as it is the medium, the tool and technique of executing a project or program or strategy, the key component of the investment climate, it promotes trade and integration into world markets, and is a key to human development; including the delivery of social services such as health and education.

The demand for infrastructural is higher and resources used in provision of infrastructure are limited in developing countries as estimated by l'UNCTAD that most developing countries must double current investment levels in infrastructure projects of less than 3 % of gross domestic product (GDP) to at least 6%.