Examples of project-financed financial investments consist of the $1.4 billion Mozal aluminum smelter in Mozambique, $4 billion Chad-Cameroon pipeline, $6 billion Iridium worldwide satellite telecom system, EUR900 million A2 Toll Road in Poland, $20 billion Sakhalin II gas field in Russia, and the $28 billion Dabhol power project. Worldwide, companies funded $240 billion of capital expenses utilizing project finance in 2009, down from $409 billion in 2008 as the monetary crisis struck the Western markets.
The very first area specifies project finance and contrasts it with other popular funding systems. The 2nd area explains the development of project finance from its starts in the natural resources market in the 1970s, to the U.S. power market in the 1980s, to a much broader variety of market applications and geographical places in the 1990s, and most just recently to infrastructure finance in the 2000s. The 3rd area offers an analytical overview of project-financed financial investment over the last 5 years (2005 to 2009), and looks at project, individual, and market particular information.
PUBLICATION DATE: June 21, 2010 PRODUCT #: 210061-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING