Project Finance – An Important Factor Of Economic Modernization

Аннотация

The article reveals the essence, content, features of project financing and its role in the modernization of the economy. The main participants of project financing and their functions, types of project financing are described. The foreign experience of organizing and implementing project financing in priority sectors of the economy is investigated. Based on the results of the study, conclusions were drawn about project financing and recommendations were developed on the development of this sphere. KEYWORDS Modernization, investments, investment projects, project financing, cash flow, investment loans, risk, commercial banks, feasibility study.