文档介绍::Bangkok,Beijing,HongKong,Jakarta,KualaLumpur,Manila,NewDelhi,Seoul,Singapore,Taipei,Tokyo,ShanghaiCoverillustrationbyPhotoDiscIGettyImagesPrintedinSingaporeISBN0-13-101634--,storageinaretrievalsystem,ortransmissioninanyformorbyanymeans,electronic,mechanical,photocopying,recording,(s),writeto::THESETTING-INTRODUC~ON3Full,LimitedorNon-RecourseFinancing4BENEFITSANDDISADVANTAGESOFPROJECTFINANCE5MAJORPARTICIPANTS6ParticipantsFoundinAllProjectFinanceDeals6ParticipantsFoundinMany,butNotAll,ProjectFinanceDeals10RISKSHARING1IInterestoftheMajorParties12PrinciplesofRiskAllocation13TypesofRisksandMitigationMeasures14D~prehensiveSectorReform23ConsequencesofGlobalization28INTRODUCTION38EarlyProjectFinance40Post-WorldWarI1ProjectFinance41CONTENTSPROJECTFINANCE,1955-7843FinancingofUSMunicipalInfrastructurethroughIRBs43FinancingofOil,GasandMineralProperties48LeaseFinancingofVeryLargeCapitalEquipment55NewApplications57PROJECTFINANCE,1978-anizationMovement60USEarlyExperienceinRestructuringtheElectricityIndustry75PROJECTFINANCE1~~O-:MERCHANTPOWERPLANTS(MPPs)93CASESTUDY:AWOEBEGONEWEM!100INTRODUCTION105PRE-BIDSTAGE108SelectingtheRightProject110DeterminingWhethertoSubmitanUnsolicitedProposal114Selectingthe"Right"Advocacy115ConductingaTechnicalFeasibilityStudy116LengthandCostofDevelopmentProcess117CONTRACTNEGOTIATIONSTAGE119MarketStudyforProjectswithNoOff-TakeAgreement120NegotiatingtheProjectAgreements120Environment