Abstract
Project finance appears to lag in adoption of e-commerce techniques. Aside from e-mail, the telephone and in-person meeting still seem to be the primary mechanisms used for communication and deal-doing. E-commerce has evolved several new formats that portend an end to the dominance of these “old economy” communication methods. From vertical exchanges to secure web-based communication to virtual private placement activities, project finance activities are on the verge of entering the “new economy.” This article explores areas of project finance that will be early entrants in e-commerce and those that may take longer.
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