Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 12 April 2007
Length: 39 pages
Data source: Generalised experience
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https://casecent.re/p/102948
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Abstract
This is a Spanish version. Provides an introduction to the fields of project finance and infrastructure finance, and gives a statistical overview of project-financed investments over the years from 2002 to 2006. Examples of project-financed investments include the USD4 billion Chad-Cameroon pipeline, USD6 billion Iridium global satellite telecommunications system, USD900 million A2 Toll Road in Poland, USD1.4 billion Mozal aluminum smelter in Mozambique, and USD20 billion Sakhalin II gas field in Russia. Globally, firms financed USD328 billion of capital expenditures using project finance in 2006, up from USD217 billion in 2001. The use of project finance has grown at a compound rate of 13% over the past 10 years. Focuses primarily on private sector investment in industrial and infrastructure projects, and contains four sections. The first section defines project finance and contrasts it with other well-known financing mechanisms. The second section describes the evolution of project finance from its beginnings in the natural resources industry in the 1970s, to the US power industry in the 1980s, to a much wider range of industry applications and geographic locations in the 1990s, to infrastructure finance in the 2000s. The third section provides a statistical overview of project-financed investment over the last five years (2002 to 2006), and looks at industry, project, and participant specific data. In addition, provides recent data on infrastructure investments and public-private partnerships. The final section discusses current and likely future trends.
Other setting(s):
2002-2006
About
Abstract
This is a Spanish version. Provides an introduction to the fields of project finance and infrastructure finance, and gives a statistical overview of project-financed investments over the years from 2002 to 2006. Examples of project-financed investments include the USD4 billion Chad-Cameroon pipeline, USD6 billion Iridium global satellite telecommunications system, USD900 million A2 Toll Road in Poland, USD1.4 billion Mozal aluminum smelter in Mozambique, and USD20 billion Sakhalin II gas field in Russia. Globally, firms financed USD328 billion of capital expenditures using project finance in 2006, up from USD217 billion in 2001. The use of project finance has grown at a compound rate of 13% over the past 10 years. Focuses primarily on private sector investment in industrial and infrastructure projects, and contains four sections. The first section defines project finance and contrasts it with other well-known financing mechanisms. The second section describes the evolution of project finance from its beginnings in the natural resources industry in the 1970s, to the US power industry in the 1980s, to a much wider range of industry applications and geographic locations in the 1990s, to infrastructure finance in the 2000s. The third section provides a statistical overview of project-financed investment over the last five years (2002 to 2006), and looks at industry, project, and participant specific data. In addition, provides recent data on infrastructure investments and public-private partnerships. The final section discusses current and likely future trends.
Settings
Other setting(s):
2002-2006