Cement Plant Project Financing
Cement Plant Project Financing Cement plant project financing empowers the industry, allowing companies to implement capital-intensive projects without burdening their balance sheets with multimillion-dollar debts. Meanwhile, the history of PF goes back more than a hundred years. This method of financing originated in England at the turn of the 19th and 20th centuries. During 1970s and 1980s, a considerable part of projects implemented under this scheme were in the oil and gas sector. The impetus for the rapid development of project finance was the oil crisis of 1973, when many governments and private companies were actively searching for oil in different parts of the world (North Sea, South America), faced with rising prices. Subsequently, this financial concept spread to such areas as the construction of cement plants, power plants, water supply systems, desalination plants, toll roads, airports, and so on. The idea of co-financing the construction of capital-intensive facilities a