Mechanisms for Protecting Returns on Private Investments in Public Infrastructure Projects

Study by Hatice Cigdem Demirel, Wim Leendertse and Leentje Volker.

The authors of this paper highlight how the private financing of infrastructure projects has attracted widespread attention but actual empirical work on financing public-private partnerships remains scarce. In particular, the topics of return on equity and lenders’ cash flow control in relation to uncertainty are under-researched.  The motivation for this paper is therefore to investigate and discuss the mechanisms applied by private financiers of infrastructure projects to protect their returns on investment.

Unlock The Full Article

Login to unlock

Unlock this article

Not Subscriber? Sign-Up