Against the decline in Bank and private infrastructure lending during the 1990s, and the growing recognition that infrastructure has a key role to play in terms of supporting the MDGS, poverty reduction, and growth, the World Bank has developed an Infrastructure Action Plan (IAP) to revitalize its infrastructure business. The IAP provides a roadmap for the World Bank’s infrastructure business and strategy going forward, and it encourages the Bank to adopt the business lines outlined below, such as Guidance Notes on public and private roles in infrastructure service provision, Country and Regional Studies, as well as think strategically about innovative and successful infrastructure project concepts.
|