Rutas de Lima

Published 22 Jul 2016
Reference 6220
Region South America
Summary

The case involves tapping global capital markets for an important revenue-driven project in a developing country. It addresses key issues in project and infrastructure finance in the context of a major Peruvian toll road project.

Teaching objectives

Create an understanding of how major infrastructure projects can be financed without government funding or recourse to the public sector by using project finance structures even in developing countries that have variable credit histories. Illustrate how foreign direct investment among developing countries can effectively conceive, execute and finance the key economic infrastructure needed for sustainable growth.

Keywords
  • Infrastructure
  • Project finance
  • Capital markets
  • Project risk
  • International portfolio efficiency
  • Build-operate-transfer
  • Country risk
  • Non-recourse financing
  • Road/highway construction
  • Q41516