Post-Conflict Financing

A report(pdf) on post-conflict financing states:

Private investment in infrastructure in postconflict countries follows a clear sequence of sectors, with mobile telephony the only one likely to attract significant investment immediately after conflict. All the postconflict countries analyzed had at least one private mobile operator investing in the country after it emerged from war. The willingness of mobile operators to invest in high-risk environments reflects the rapid cost recovery allowed by the sector’s economics.Beyond telecommunications, the attractiveness of infrastructure investments in postconflict countries drops precipitously. Power projects remain somewhat attractive, particularly in generation, where projects start to emerge three years after conflict and increase in frequency after five years.