지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록· 키워드
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Project finance ("PF") is a method of raising long-term debt financing based on lending against the cash flow generated by the project alone. Project finance is a nonrecourse or limited recourse financing structure against the sponsors(or the investors). The debt terms in a project finance are not based on the creditor's credit support or on the value of the assets of the project. Lenders rely on the future cash flow to be generated by the project for debt repayment and interest, rather than the value of the project or the credit ratings of the sponsors. The non-recourse or limited recourse financing usually prompt potential project finance lenders to assess carefully all possible risks that might arise in a project to ensure that those risks are mitigated and controlled. In this respect, project finance is a opposite financing method of corporate finance.Project finance has rapidly grown over the last 20 years due to the worldwide process of privatization of public sector and development of natural resources. Global project finance volume reached the record USD 406.5 billion in 2011. In 2012, however, Global project finance volume dropped 6% to USD 382.3 billion. Infrastructure overtook Energy to lead all sectors with USD 113.6 billion.It is generally recognized that there are more and higher risks in project finance compared with corporate finance. Project finance is exposed to commercial risks as well as political risks. The main commercial risks are completion risks, environmental risks, operating risks, input supply risks, revenue risks, etc, and the main political risks are currency convertibility and transfer risks, expropriation risks, war and civil disturbance risks, risks of breach of government concession agreement, etc.Completion risks include permits risks, risks relating to the EPC Contractor, construction cost overrun, delay in completion, inadequate performance on completion, etc.
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참고문헌 (22)
참고문헌 신청
금융위원회 / 2009 / 금융권 PF대출 사업장 실태조사 결과 및 대응방안
금융위원회 / 2011 / 저축은행 PF사업장 실태 조사 및 PF대출 처리 방안
금융감독원 / 2011 / ‘11.3월말 국내은행의 부동산 PF대출 현황 및 향후 감독방향
김경옥 / 2012 / ICC모델 턴키 계약의 쟁점에 관한 연구 - ICC Model Contract for Turnkey Supply of Industrial Plant를 중심으로 - / 무역상무연구 54:189~209
김상만 / 2008 / 프로젝트 파이낸스방식 수출거래에서 수출보험의 역할 / 국제거래법연구 17(2):151~169
금융위원회 / 2011 / 저축은행 PF사업장 실태 조사 및 PF대출 처리 방안
금융감독원 / 2011 / ‘11.3월말 국내은행의 부동산 PF대출 현황 및 향후 감독방향
김경옥 / 2012 / ICC모델 턴키 계약의 쟁점에 관한 연구 - ICC Model Contract for Turnkey Supply of Industrial Plant를 중심으로 - / 무역상무연구 54:189~209
김상만 / 2008 / 프로젝트 파이낸스방식 수출거래에서 수출보험의 역할 / 국제거래법연구 17(2):151~169
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UCI(KEPA) : I410-ECN-0101-2019-320-000235236