Chile, Brazil and Peru provide the best environments in Latin America and the Caribbean to develop public-private partnerships (PPPs) for infrastructure investment, according to the new edition of Infrascope.
The report evaluates the capacity of 19 countries in the region to carry out sustainable PPP projects, allowing users to asses risk across countries, IDB said in a release.
The study includes analysis of the laws, regulation, institutions and practices in each country as well as the rate and quality of PPP project development in the region.
Chile's strong regulatory, investment conditions and legal reforms for PPPs helped it top the ratings, followed by Brazil and Peru, which have similar characteristics.
Mexico and Panama also improved pre-existing laws, while Guatemala passed a new comprehensive PPP law for concession projects in the transport and energy sectors, the release said.
The Infrascope index and interactive tool is a joint project of the Economist Intelligence Unit and the Multilateral Investment Fund (MIF).