Reasons for Growth of Project Financing
-
Serious scarcity of quality infrastructure projects, both
geographically and by industry sector.
- Cuts in investment spending to reduce government deficits.
-
Presence of private companies, willing to invest and pay for
more efficient services.
-
Traditional services tariff structures cause heavier impacts on
end users rather than on public sector.
-
Enhanced quality of project design and consequent extension of
schedule and increase on costs.
-
More transparency required by governments and agencies on
project costs.