quinta-feira, novembro 13, 2014
Project Finance more dependent on Government support
Here is the link to the World Bank webinar on project finance trends in 2014. It shows increasing recourse to Government support for project financing which creates direct and contingent liabilities for the Government concedent.
This webinar will discuss the current state of project finance markets globally in the context of public-private partnership projects, specifically in Asia, Europe and Africa, focusing on market characteristics and project structure. It will also discuss whether governments can change market dynamics substantially through policy initiatives, including key reasons why project finance has not taken off to any significant extent in large PPP markets (for example in India) where there is still significant recourse to the corporate sponsor. In addition, it will briefly look at the potential presented by emerging PPP markets in Africa.