Description
Book SynopsisFinancing Infrastructure Projects is an essential guide to the different methods and strategies that are used to finance infrastructure projects. Fully revised and updated, this second edition includes updated coverage across the sector with a focus on the bankability of infrastructure transactions.
Trade ReviewA very useful glossary of financial terms is provided. The different types of public–private partnerships (PPP) are described together with a summary of how they can be structured. The influence of financial and foreign exchange markets is also described in detail. Typical risk in the procurement of infrastructure projects is explained, with a breakdown in terms of financial and non-financial risks. I found the case studies particularly valuable: one a PPP school in the UK and the other a project in the Middle East. While the book does not give all the answers to funding an infrastructure project, it is certainly a must-read for any civil engineer involved in the early stages of project development as well as those responsible for financial delivery.
-- Stuart Ross, Arup, UK