Project Financing: Law and Practice

Author: Jiang Xianling
Publisher:
Publish Date: 2004-02-01
Features: Project financing, as a new form of financing, has its origins as early as the 1950s. It was initially used passively for financing mineral resources in the early 1970s and has since been widely applied in large-scale infrastructure projects, such as power plants, oilfields, airports, ports, highways, and railways. This book discusses the theoretical foundations of project financing, with a focus on the legal issues of limited recourse project financing. On this basis, it provides a detailed analysis and research on the models of project financing, project investment structure, project risk management, project guarantees, concession agreements, and legal issues in project loan structures. In each section of the study, it emphasizes starting from general operational norms abroad and combines China's national conditions to explore how to understand these legal issues and achieve success in project financing. Finally, it designs China's project financing regulations and proposes its own creative ideas regarding the basis, background, and main content of the regulation-making process. The book discusses the theoretical foundations of project financing, focusing on the legal issues of limited recourse project financing, and analyzes and researches the models, investment structure, risk management, guarantees, concession agreements, and legal issues in project loan structures.