Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing

In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged a...

Mô tả đầy đủ

Đã lưu trong:

Chi tiết về thư mục
Những tác giả chính:	Halland, Håvard, Beardsworth, John, Land, Bryan, Schmidt, James
Định dạng:	Sách
Ngôn ngữ:	English
Được phát hành:	World Bank 2015
Những chủ đề:	Infastructure finance Extractives Resource-backed finance Infrastructure
Truy cập trực tuyến:	https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56519
Các nhãn:	Thêm thẻ Không có thẻ, Là người đầu tiên thẻ bản ghi này!

Thư viện lưu trữ:	Thư viện Trường Đại học Đà Lạt

id	oai:scholar.dlu.edu.vn:DLU123456789-56519
record_format	dspace
spelling	oai:scholar.dlu.edu.vn:DLU123456789-565192023-11-11T05:38:45Z Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing Halland, Håvard Beardsworth, John Land, Bryan Schmidt, James Infastructure finance Extractives Resource-backed finance Infrastructure In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net present value of a future revenue stream from oil or mineral extraction. The model has been applied in several African countries, for a cumulative contract value of approximately $30 billion, according to publically available sources. This report, consisting of a study prepared by global project finance specialists Hunton and Williams LLP and comments from six internationally reputed economists and policy makers, provides an analytical discussion of resource-financed infrastructure (RFI) contracting from a project finance perspective. The report is meant as a forum for in-depth discussion and as a basis for further research into RFI?s role, risks, and potential, without any intention to present a World Bank?supported view on RFI contracting. It is motivated by the conviction that if countries are to continue to either seek RFI or receive unsolicited RFI proposals, there is an onus on public officials to discern bad deals from good, to judge unavoidable trade-offs, and to act accordingly. The report aims to provide a basis for developing insights on how RFI deals can be made subject to the same degree of public policy scrutiny as any other instrument through which a government of a low- or lower-middle-income country might seek to mobilize development finance. 2015-06-15T06:41:50Z 2015-06-15T06:41:50Z 2014 Book 9781464802393 9781464802409 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56519 en application/pdf World Bank
institution	Thư viện Trường Đại học Đà Lạt
collection	Thư viện số
language	English
topic	Infastructure finance Extractives Resource-backed finance Infrastructure
spellingShingle	Infastructure finance Extractives Resource-backed finance Infrastructure Halland, Håvard Beardsworth, John Land, Bryan Schmidt, James Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
description	In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net present value of a future revenue stream from oil or mineral extraction. The model has been applied in several African countries, for a cumulative contract value of approximately $30 billion, according to publically available sources. This report, consisting of a study prepared by global project finance specialists Hunton and Williams LLP and comments from six internationally reputed economists and policy makers, provides an analytical discussion of resource-financed infrastructure (RFI) contracting from a project finance perspective. The report is meant as a forum for in-depth discussion and as a basis for further research into RFI?s role, risks, and potential, without any intention to present a World Bank?supported view on RFI contracting. It is motivated by the conviction that if countries are to continue to either seek RFI or receive unsolicited RFI proposals, there is an onus on public officials to discern bad deals from good, to judge unavoidable trade-offs, and to act accordingly. The report aims to provide a basis for developing insights on how RFI deals can be made subject to the same degree of public policy scrutiny as any other instrument through which a government of a low- or lower-middle-income country might seek to mobilize development finance.
format	Book
author	Halland, Håvard Beardsworth, John Land, Bryan Schmidt, James
author_facet	Halland, Håvard Beardsworth, John Land, Bryan Schmidt, James
author_sort	Halland, Håvard
title	Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
title_short	Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
title_full	Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
title_fullStr	Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
title_full_unstemmed	Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing
title_sort	resource financed infrastructure: a discussion on a new form of infrastructure financing
publisher	World Bank
publishDate	2015
url	https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56519
_version_	1819776835732373504

Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing

Những quyển sách tương tự