Page 143 - 5.2 i. Manac Finance ITC Summarised Notes
P. 143

SOURCES AND FORMS OF FINANCE
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            (a) Project finance (including public-



            private partnerships)





            • Project finance is an industry term for the pool of


                finance that is assembled in order to finance large-

                scale infrastructure and construction projects, as


                well as other public-private partnerships (PPP).



            • It is important to differentiate between this


                industry term and a business entity seeking finance


                for a specific project: the latter type of projects


                tends to be much smaller and is usually not

                described as ‘project finance’.







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