Skoči na glavni sadržaj

Privredna kretanja i ekonomska politika, Vol. 17 No. 112, 2007.

Stručni rad

PROJECT FINANCING OF INFRASTRUCTURE

Zoran Aralica
Domagoj Račić
Jelena Šišinački

Puni tekst: hrvatski pdf 892 Kb

str. 52-87

preuzimanja: 7.327

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Puni tekst: engleski pdf 64 Kb

str. 52-87

preuzimanja: 556

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Sažetak

In a market economy, there are three financing models used for the construction, maintenance and exploitation of infrastructure: public financing, private financing and mixed financing. Among them the latter applies the project financing technique, where project debt incurred by loans is used to finance the project and expected project revenues to repay the debt. At the same time, project assets guarantee the debt repayment. Project financing is specific for capital-intensive sectors when investors do not have a sufficient creditworthiness to engage into traditional financing methods or are not ready to assume all the risks. This technique has a particularly important role in the construction or reconstruction of infrastructure facilities and systems. Relations between a project company and public authorities are defined by the concession agreement.

Ključne riječi

infrastructure; public-private partnership; project financing; concession

Hrčak ID:

18223

URI

https://hrcak.srce.hr/18223

Datum izdavanja:

5.11.2007.

Podaci na drugim jezicima: hrvatski

Posjeta: 11.346 *