Municipal Infrastructure Financing provides an overview of private sector involvement in the delivery of municipal services in selected Commonwealth developing countries. Four cities are examined in detail Dar es Salaam, Tanzania; Kampala, Uganda; Dhaka, Bangladesh; and Karachi, Pakistan. The authors present innovative options for alternative sources of municipal infrastructure financing—including attracting private sector participation—based on the successful experience of other developing countries. The authors also identify the key challenges in municipal financing and any broad institutional and financial strengthening measures that are required to tap alternative sources of financing for growth-oriented municipal investments.