O'Reilly logo

Complex Infrastructure Projects by Anthony Holmes

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 7: Finance

The financial arrangements for large, complex infrastructure projects depend on whether or not the nation that sponsors the project is able to finance it from public funds.

Countries that have ready access to the international capital markets will tend to finance these large projects from public funds as the cost of long-term sovereign debt will be lower than a similar amount raised through commercial lenders.

For those obliged to turn to the private sector or electing to do so in the belief that this enables them to access superior expertise and transfer the development and/or usage risk, they must do so aware of a fundamental divergence in perception between the public and private spheres.

The predominant risks that ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required