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...
Clasificación: | Libro Electrónico |
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Otros Autores: | , , , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, DC :
World Bank Publications,
2014.
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Colección: | World Bank studies.
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Temas: | |
Acceso en línea: | Texto completo |
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 |
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Descripción Física: | 1 online resource (xv, 89 pages) : illustrations (some color) |
Bibliografía: | Includes bibliographical references. |
ISBN: | 9781464802409 1464802408 1306859816 9781306859813 |