Financing infrastructure projects - Tony Merna|Cyrus Njiru

Finance is a necessity for all public or private sector projects. Over the past twenty years, the private sector has increasingly financed projects traditionally considered in the public domain. Under increasing public demand for higher levels of infrastructure services and insufficient public funds, attention has re-focused on private finance for public projects. Changing global trends means more emphasis on infrastructure projects and services procured through concession contracts and its derivatives - Public-Private Partnerships (PPP), Build-Own-Operate-Transfer, PFI and Leasing. Based on the authors' research and practical implementation and management of different financed projects, Financing Infrastructure Projects deals with financial aspects of procurement of various infrastructure projects and commercial aspects of the projects, sources of finance, financial instruments, financial markets and financial engineering techniques.;Aimed at individuals and organisations involved in the procurement of projects and in the financial aspects of infrastructure, this title provides engineers, project managers and planners, students and post graduates of courses on construction and project management with sound information on commercial aspects of infrastructure projects.