The $185 million project financing for Guyana Goldfields' Aurora gold mine is a first in Guyana. It also featured no gold hedging, two commercial banks, and a new IFC lending programme
Bundling projects has its efficiencies on both the procurement and financing side, but it also carries certain challenges for the public and private sector
The M2 Islamabad to Lahore motorway refurbishment project has been beset with troubles from cost and contract disputes to full scale government shutdown
At a Standstill
Debt funds need to adopt new strategies to competeRead now
|Rank||Company||Total US$ m||Transactions||Market Share (%)|
|1||Mitsubishi UFJ Financial Group||5,389.00||64||5.82|
|2||Sumitomo Mitsui Financial Group||5,342.00||54||5.77|
|3||Commonwealth Bank of Australia||4,329.00||25||4.67|
|4||Credit Agricole Group||3,918.00||44||4.23|
|5||Mizuho Financial Group||3,426.00||29||3.70|
|6||Australia and New Zealand Banking Group||3,069.00||21||3.31|
|8||National Australia Bank||2,656.00||19||2.87|
|TOTALS:||US$ 36,262.00 m||349||39 %|
IJGlobal’s Asia-Pacific 2014 review looks at financing activity in the Asia-Pacific region both this year and in preceding years. It is designed to provide insight into which sectors and countries have been most fruitful and promising until now – and which will continue to deliver.
IJGlobal’s First Half 2014 Review is the first that we have produced since the merger of Infrastructure Journal and Project Finance Magazine, and draws on our improved and expanded database.
Global economic conditions have improved, and global infrastructure investment rose, in 2013. But at the same time PPP investment declined, particularly for new-build projects with high construction costs. As a result, the global PPP market is now in its third year of decline, and the number of project financings to close in the market continues to fall.
Mexican energy and infrastructure investment is picking up again. Oil and gas is taking over from transport as the country’s most promising sector. By Manjot Gobindpuri.