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A proposal to establish a fund the implementation of projects co-financed

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player46


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A proposal to establish a fund the implementation of projects co-financed

05/21/2013 06:50
Financial expert stressed Shirvan Anwar Mustafa on the importance of building a new model of lending to finance strategic projects through the capital contributed by several banks that are selected one of the banks to take capital management for strategic project funded.

He added that this model is on two types of lending, the first to be capital formation from several banks to finance a large project meaningful economic actors stems from planning and consulting of bodies specialized type of product or service that belong to the project, while the other type is represented lend the project already exists on the land Indeed, and it needs capital, pointing out that the management of these projects like this carries a lot of pros, where there will be a phased implementation according to the specifications of quality outlined in the draft assignment, because the private sector more effectively and quickly to contain the problems facing the implementation phases of the project where the decision is made in tune with the needs of the project within a few time.

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