b) Over the years, Project Finance has shifted from being a wholly public venture into significantly involving the private sector. Using relevant data discuss factors that may account for the level of private sector involvement?
Project finance is funding of long term infrastructure projects , industrial services using a non recourse of debt.
Project finance changed from being a public- Venture to private venture as it has highly lucrative structure for a private sector company as-
A. these are the projects which are based on the long-term projects and these can be highly beneficial for the private companies.
B.payment generated by special purpose vehicle are sufficient to cover the operating cost.
C. Margins of profits are substantially higher.
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