Private investment in infrastructure - opportunities and challenges, by Declan Duff. Coming of age in the global village, by Ake Almgren. On the ground, under the ground, in the water, in the air - a decade of successful IFC infrastructure projects, by Ann Moline. Impact: interviews with Sir Alastair Morton. Is privatization good for the poor?, by Danny Leipziger and Vivien Foster. Rising insurance rates cast cloud over project finance market, by Afshin Molavi. Finding your niche - matching small infrastructure projects with financiers is a challenge, by Desmond Dodd. Russian infrastructure investment: a view from Moscow - an interview with Edward Nassim. Recent trends in private sector finance by international financial institutions, by Arthur Karlin. Feature on Kookmin Bank: private sector investment in Korea. IFC's initiative to assess the business environment in East Asia, by Javed Hamid and Dileep Wagle. Bringing light to Rio's slums, by Angela Gentile-Blackwell. Infrastructure journal:emerging markets, infrastructure, news, highlights.