Estimation of foreign exchange exposure for public-private partnership infrastructure projects

• Main Author: Ehrlich, Matthias
• Other Authors: Tiong Lee Kong, Robert
• Format: Theses and Dissertations
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Civil engineering::Construction management
• Online Access: https://hdl.handle.net/10356/36298
• Institution: Nanyang Technological University

Economic foreign exchange (FX) exposure is an important risk factor which affects Public-private partnership (PPP) projects in developing countries. The risk exists because PPP projects typically sell their outputs domestically and generate revenues in local currency, while their financing costs and...