New private activity in infrastructurein developing countries declined in the first semester of2011, but remained strong and continued to be highlyselective, according to data from the private participationin infrastructure project database. Most of the new activitywas concentrated in a few countries, particularly India, andGreenfield projects. In the first semester of 2011, 117infrastructure projects with private participation reachedfinancial or contractual closing in 20 low and middle-incomecountries. These projects involved investment commitments(hereafter, investment) of US$42.9 billion. Such level ofactivity represents a decline of 8 percent by investment and8 percent by number of projects from the level reported inthe first semester of 2010. Although investment declinedfrom 2010, private activity in the first semester of 2011remained high when compared with previous periods and wasthe fourth highest level since 2000.