Middle East Economic Survey
VOL. LIII
No 12
22-March-2010
MEES Agenda
Advent Of Mega-Projects Collides With Reduced Bank Capacity
Project finance conditions have improved markedly from those seen a year ago, when the credit crunch hit with full force, but concerns linger. Bank capacity remains reduced at a time when mega-projects in the oil and gas industry are coming to market. This will require continued use of the multiple funding sources tapped under 2009s constrained conditions, and if new...
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