Financing Infrastructure Projects

Financing Infrastructure Projects by Tony Merna, published by Thomas Telford in 2002, is a comprehensive exploration of the financial mechanisms involved in infrastructure development. This 280-page book delves into various aspects of project finance, including public finance, financial instruments, and the challenges faced in developing countries. The text provides insights into procurement strategies such as the build-own-operate-transfer (BOOT) model and the private finance initiative, making it a valuable resource for those interested in the intersection of finance and infrastructure.

Readers will find detailed discussions on financial engineering, risk management, and the role of financial institutions in infrastructure projects. The book also includes case studies, such as a toll bridge project, which illustrate the practical application of the concepts presented. With a focus on typical risks and the mechanisms for managing them, this edition serves as a guide for understanding the complexities of financing infrastructure initiatives within the realms of business, economics, and civil engineering.