The Private Infrastructure Development Group was established in 2002 as a donor-financed group to help overcome the obstacles to private sector involvement in infrastructure development in developing countries
PIDG was founded on the twin beliefs that promoting growth and fighting poverty in developing countries demands serious investment in infrastructure. Such is the need for infrastructure in sub-Sahara Africa that harnessing private capital is essential to attracting the huge sums needed. It was also recognised that private capital would be more positive about investing in developing markets if mechanisms were developed that offered shared risk and expert encouragement and support.
The level of funding required in the poorer developing countries is such that the private sector has a crucial role to play in helping to achieve this priority. If the private sector is to be attracted to invest in infrastructure projects in these countries, it will need expert and reliable encouragement and support.
The Emerging African Infrastructure Fund was among the PIDG's earliest initiatives.Visit PIDG Website