The environment for public-private partnerships (PPP projects) in Latin America and the Caribbean has evolved positively in the last years.

After a decade of progress, 16 countries in the region have created PPP-dedicated agencies that provide technical support and oversee private participation in infrastructure, demonstrating political support for private investment in infrastructure.

Although the performance of PPP projects varies across the region, mobilization of private capital for infrastructure has taken a decidedly upward track and provides a good environment for public-private partnerships. In 2019 investment in PPP projects increased to USD13 billion from $8 billion in 2018 and $6 billion in 2017.