the century, the average annual level of investment required for new services would amount to approximately $28,200 million, almost thr88 times the aV8reg8 aClrieV8d during the 1980s. An estimated increase in overall investments for new SerViC8S by a factor of 1.4 times would b8 required during the forthcoming decade to maintain the number of people without services constant by th8 year 2000. These estimates do not take into account operation and maintenance costs, or investment requirements for the rehabilitation of existing facilities. The achievement of the coverage objectives assumes a major shift towards the utiliaation of intermediate and low-cost teChnOlOgi8S, particularly in urban and peri-urban areas. Rural services would be provided entirely through th8 utilizations of icrw-cost technology, while in the case of urban services 50 per cent of services would b8 provided through high-cost technology. The remaining 50 por cent would be supplied through intermediate and low-rost technologies, 80. Clearly, these higher levels of investments would require siaeable increases in the share of investments for the sector relative to total national investments even under optimistfc economic growth scenarios for developing Countries. In addition, significant improvements in national absorptive capacities, through improved institutional and human resources, would be necessary. The generation of th8 necessary financial resources will remain a severe constraint, as evidenced by the fact that all regions have cited insufficiency of financial resources and the inadequacy Of COSt recovery prOC8dUr8s as tW0 Of the mOSt severe Constraints Still impeding a faster rate of progress. Consequently, means of additional national funding will have to be sought. Efforts will need to be made to attract private funding by such means as national capital markets, the creation of revolving funds and credit guarantee schemes, While Selected parts of the sector could b8 studied in terms of gaining effective access to private sector funding.
**Analysis**
The text discusses the estimated investment requirements for new services in a specific sector, which implies a focus on economic development and infrastructure. The mention of "sector" and "national investments" suggests a broader economic context, while the discussion of technology and funding options indicates a focus on a specific area of economic development.

**Category**
Economic development, Industry