An Overview of Project Finance and Infrastructure
Whether you are planning to build an infrastructure or looking for financing for your project, you will want to know about the various options available. There are a few things to look out for, including the type of loan you need, the loan life cover ratio, and the amount of rescinding rights you can receive. Although the financial crisis has dampened project financing in some jurisdictions, it is still a well-oiled machine. Some countries have embarked on a quest to refashion their public sector by enlisting the private sector in the quest for fiscal salvation. In addition to the usual suspects, many have tasked the private sector to build or refurbish infrastructure to alleviate the squeeze on government budgets. The real question is, what is the best way to execute this plan? While governments have historically been more than willing to throw money at a bare-bones infrastructure program, many are now taking a more measured approach by incorporating private sector involvement in pro...