Project Finance in Construction
Merna, Tony / Chu, Yang / Al-Thani, Faisal F
Project finance has spread worldwide and includes numerous industrial projects from power stations and waste-disposal plants to telecommunication facilities, bridges, tunnels, railway networks, and now also the building of hospitals, education facilities, government accommodation and tourist facilities.
Despite financial assessment of PF projects being fundamental to the lender's decision, there is little understanding of how the use of finan...