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Public-Private partnership facilitates the injection of private capital and expertise for prompt delivery of Infrastructure Projects in both developed and developing economies. It shutters the negative perception of private investors on risks in Infrastructure Projects. PPP involves a shared responsibility between the public and private investors to deliver Infrastructure Projects on a shared responsibility through appropriate allocation of resources, risks and rewards within a legally binding contract. This may involve the financing, design, construction, renovation, management or maintenance of the Infrastructure assets.
The book entails analysis of project financing risk management which is relatively new in developing economies. Governments have promoted Infrastructure implementation, however, capacity constraints in mobilizing funds in the public sector remains a challenge. This calls for the collaboration with private sector who are risk averse to mobilize funds to bridge the gap. Thus, financial risk management become instrumental. This book describe the overall process and activities usually involved in project financing risk management.
Project communication management is a novel concept in planning and Implementation of Projects as it assumes the role of connector tunnel amongst the project partners. Communication Management encompasses identification of internal and external stakeholders, developing a communication processes, developing communication tools and methods and managing the communication for project success. Understanding the project communication management enables development of institutional arrangements and manuals for supporting communication flow for conflict reduction resulting from information asymmetry.
Modernization and urbanization has catapulted the accumulation of E-Waste globally, an a time bomb issue that must be properly managed to reduce their hazardous effect. More than 50 million tones of E-Waste is generated globally with developing economies baring the Brant of adverse effects since they depend on second hand products to bridge the digital divide. The existing technologies are not particularly cost effective in many developing economies; thus management remains informal.
The book addresses financial risk management instruments that are applied in securitization of Infrastructure Projects that are usually perceived as risky even in the event that their economic analysis shows otherwise. The documented instruments include contingent capital, hedging derivatives, credit enhancement, insurance, and alternative risk transfer. Equally the influence of communication strategy and contract management on the utilization of the financial risk management instruments have been undertaken. Appropriate use of these instruments ensures investor confidence in investing in the perceived projects.
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