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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Halland, Håvard, Beardsworth, John, Land, Bryan C., Schmidt, James A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : World Bank Publications, 2014.
Colección:World Bank studies.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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
Descripción Física:1 online resource (xv, 89 pages) : illustrations (some color)
Bibliografía:Includes bibliographical references.
ISBN:9781464802409
1464802408
1306859816
9781306859813