Abstract
Infrastructure plays the dominant role in structuring and positioning every nation’s economy and social development. Infrastructure financing is the blue print in achieving infrastructure development in developing and developed countries. This research project determines the current sources of financing infrastructure in developing countries. The study adopted a quantitative research approach with data gathered from the respondents within power infrastructure development in the region. The findings revealed current sources of financing power infrastructure in developing countries to be commercial bank loans, public finance, private finance, power utility fees, public-private partnership, foreign direct investment. These were seen as current sources of financing power infrastructure in developing countries. Having established that no society can develop without adequate investment in the power infrastructure sector, there is a call for adequate investment in the power infrastructure to foster and re-integrate developing countries in the path of economic development and global relevance. If the central government can direct adequate finance and harness the current sources available to develop power infrastructure in their society, it will ultimately lead to enormous economic growth and social development in the region. This research project will contribute to the development of public infrastructure in developing countries, which will directly influence the development of power infrastructure in the region for the purpose of economic relevance and improvement of lives in the society.