Relevant Aspects of Infrastructure Project Finance in Foreign Countries
DOI:
https://doi.org/10.24412/2072-8042-2024-4-81-92Keywords:
infrastructure financing, project finance, infrastructure development, infrastructure investment, private investments, public funding, institutional investors, financing mechanisms, investment risks, international experienceAbstract
The article aims to review the relevant issues, features and changes in infrastructure project financing in foreign countries. For this purpose, data from specialized sources and industry publications are used.
Infrastructure financing has come to stand at the forefront of economic policymaking in both developed and developing countries owing to its short- as well as long-term growth effects. The need for infrastructure financing encompasses maintenance and new projects. Despite the overall growth in investment, proportional dynamics indicate otherwise. Even so, institutional investments are in part offsetting the lacking public funding, with the ever-growing gravity of private capital and yet unabating significance of public (national, state, municipal) funding. Likewise, setbacks that accompany infrastructure project execution are those of political variance, poor project management, and risk exposure.
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