Project Financing Research Articles

Artificial Intelligence Adoption and Project Success: A Mixed-Method Study

AI's growing acceptance is changing project management's human-centric approach. Project management is using AI to automate and support duties. This change could improve workflows, decision-making, and project efficiency. The full influence of AI on project success is unknown. There is little empirical evidence linking AI use to project outcomes. This ignorance highlights the necessity to study AI's impact on project management. The project management AI industry is expected to expand 38% annually. Since the late 1980s, AI has improved project management by providing more intelligent and autonomous help. Data privacy, accountability, strategic leadership, communication, innovation, and emotional intelligence are important ethical issues. This study examines how AI adoption affects project success through communication and feedback. This mixed-method study examines how AI adoption affects project success. The quantitative phase measured AI communication, feedback, and project progress via a predefined questionnaire. The sample includes construction, IT, manufacturing, healthcare, and finance project managers and team members. Multiple regression analysis and structural equation modelling were employed in IBM SPSS AMOS to examine AI adoption and project success measures. A qualitative phase of semi-structured interviews with respondents contextualised the quantitative data. Thematic analysis gleaned insights from interview transcripts. AI's impact on project success was examined using integrated data, with ethics in mind. The study examined AI tool-project success relationships using a structural equation model. Communication mode, feedback style, and frequency explained 3% of project success variance. Quantitative research showed that AI communication frequency improves project success, whereas mode and style negatively impact it. Participants' qualitative comments indicated six themes that match quantitative findings, and their replies enhance quantitative results and recommend improvements. The study concluded that AI communication frequency positively increases project success, while mode and style negatively affect it. The mixed-methods approach showed that AI tools alone cannot ensure project success; communication style and frequency are. The study recommended among others that organisations should integrate AI tools into project management systems, match AI communication modes to project team preferences, optimise feedback styles, and provide regular updates to improve AI communication. Project teams need ongoing training.

A Study of Administrative Regulations on Real Estate Project Finance and Recent PF Market Issues

Real estate project financing is the process by which real estate developers secure funding. This study categorizes the types of real estate finance and analyzes investment types based on the degree of financial companies’ participation. Financial companies invest in real estate development projects either through direct financing, using PF loans, or through indirect financing via mechanisms such as collective investment schemes. However, if a financial company is not merely a financial investor but also acts directly as a developing entity, appropriate regulation is required. From an investor protection perspective, the Financial Act aims to alleviate information asymmetry and enhance the financial soundness of financial companies. An important issue is the regulation of financial companies directly implementing real estate development projects. In particular, if a real estate development project fails, the implementer bears primary responsibility. Therefore, granting enforcement authority to a financial company that controls the funding mechanism may pose a risk to financial companies. Real estate financing suggests that administrative regulations should be organized in a way that facilitates collaboration among multiple administrative agencies. The regulatory frameworks of both the Construction Act and the Financial Act should govern financial companies’ participation in real estate development projects, necessitating close cooperation among different administrative agencies. In the complex and specialized administrative legislative process, overlapping responsibilities among multiple administrative agencies, such as those under the Real Estate Investment Company Act, may occur; conversely, gaps in responsibilities may also arise. With this in mind, it is necessary to acknowledge the role of financial companies beyond their fundraising function in real estate finance and to investigate the complex and diverse legal relationships that may arise as a result. In particular, given the current situation—marked by the downturn in the real estate PF market that began last year, the subsequent workout of Taeyoung Construction, and concerns about the deterioration of savings banks’ soundness—, it is crucial to explore an effective regulatory system for real estate development finance by integrating the Construction Act and the Financial Act.

A roadmap for improving representation in clinical trials

Clinical trials continue to struggle with recruiting diverse participants that include historically underrepresented and minoritized patients, who are typically patients in non-white racial and ethnic groups and have low income (Medicaid). Enrolling diverse participants will benefit the health sciences by providing more generalizable findings. The Cancer Financial Experience project (CAFÉ) study sought to improve financial distress by providing financial navigation for newly diagnosed cancer patients, and intentionally recruited diverse participants. All diverse participants consented at slightly higher rates than non-diverse participants (21.3 % vs. 20.1 %). Spanish-speaking patients consented at a much higher rate than non-Spanish speakers (36.4 % vs. 20.2 % respectively). Here we discuss how we increased our recruitment of diverse participants. Obtaining diverse participation is achievable and will provide more meaningful findings.

FISCAL ASPECTS OF ESG BUSINESS DEVELOPMENT CONCEPTS

The subject of the study is the fiscal aspects of the ESG concept of business development. Methodology. The study uses general scientific methods, in particular, theoretical generalisation, methods of analysis and synthesis and statistical analysis, as well as the graphical method to visualise the results of the study. The purpose of the study is to analyse the strategic guidelines of tax policy through the prism of the ESG concept. Conclusion. The fiscal aspects of the ESG concept are an important element in understanding its impact on business. They include various tax incentives and mechanisms that promote the implementation of ESG standards and take into account the consequences of non-compliance for businesses. In particular, fiscal policy includes tax incentives for businesses that invest in green development, support social initiatives or improve corporate governance. In a broad sense, instruments such as environmental taxes are aimed at achieving sustainable growth and economic development. Strategic tax policy guidelines under the ESG approach include encouraging investment in sustainable technologies through tax incentives for companies investing in renewable energy and environmentally friendly projects. Social initiatives are supported through tax rebates for companies that develop programmes to develop local communities and improve working conditions. Corporate governance regulations require companies to report on the environmental, social and governance aspects of their activities. Promoting the circular economy includes tax incentives for companies that implement recycling and waste reduction practices. Support for small and medium-sized businesses includes tax incentives for SMEs that implement ESG standards and easier access to green finance. International cooperation involves bringing tax policy in line with international ESG standards and participating in global tax transparency initiatives. Adaptation to climate change includes the introduction of taxes on greenhouse gas emissions and the transition to low-carbon business models. Green project financing involves the use of tax revenues to support green initiatives. Innovations in tax administration are being introduced through new technologies, and education and training include funding for ESG training programmes. These guidelines will help businesses adapt to new conditions, create sustainable value and meet modern environmental, social and governance requirements.

Project finance or corporate finance for renewable energy? an agent-based insight

State-of-the-art macroeconomic agent-based models (ABMs) include an increasing level of detail in the energy sector. However, the possible financing mechanisms of renewable energy are rarely considered. In this study, an investment model for power plants is conceptualized, in which energy investors interact in an imperfect and decentralized market network for credits, deposits and project equity. Agents engage in new power plant investments either through a special purpose vehicle in a project finance (PF) structure or via standard corporate finance (CF). The model portrays the growth of new power generation capacity, taking into account technological differences and investment risks associated with the power market. Different scenarios are contrasted to investigate the influence of PF investments on the transition. Further, the effectiveness of a simple green credit easing (GCE) mechanism is discussed. The results show that varying the composition of the PF and CF strategies significantly influences the transition speed. GCE can recover the pace of the transition, even under drastic reductions in PF. The model serves as a foundational framework for more in-depth policy analysis within larger agent-based integrated assessment models.

Review on medical waste management in China and Nigeria.

Medical waste management is an essential component of healthcare delivery globally due to the toxic and contagious potentials on human health and the environment. There are resource limitations in developing nations when it comes to the appropriate handling of medical wastes. In this article, we examined previous studies to evaluate the practices of medical waste management in China and Nigeria. Contextually, this work addresses medical waste practices in the context of waste generation, segregation, collection, storage, transportation, treatment and disposal. In addition to reviewing additional important aspects of medical waste management, the current study addresses potentials and challenges for efficient medical waste management in both countries. For this study; Scopus, Web of Science, Google Scholar, PubMed, Agencies, Conferences, National and International Conventions were searched from 1998 up to 2023 for all studies reporting medical waste management in China and Nigeria. To further guarantee that only resource materials with similar research interests in medical waste management were selected, a double screening process was employed. The challenges of medical waste management in both countries are limited financing, inadequate training, ineffective legislation, ineffective medical waste transport system and insufficient treatment technology. Furthermore, this study offers practical recommendations by identifying the particular areas that require attention and development, such as training of healthcare workers, adequate financing of medical waste management projects, including research and development on efficient toxic emission reducing technologies, and partnership with other relevant authorities and stakeholders to ensure enforcement of national and local legislation.

A Sustainable Future : The Importance and the Development of Sustainable Finance In the 21st Century

The environmental problems that have emerged along with rapidly increasing global warming in recent years have made the concept of sustainability an important issue in the world in general. This fact has been largely effective in increasing the sensitivity of businesses and leading corporations to the environmental problems. This situation has led businesses to implement environmental friendly policies and invest in these areas, both interms of efficient use of natural resources and minimizing the damage to the environment. With the increasing global warming, climate change has recently become one of the most important problems in the world, and many countries have started to make efforts to reduce the risk of climate change. The inadequacy of environemental measures taken so far has necessitated the search for solutions in different areas regarding this issue. In this sense, financial institutions also contribute to climate awareness by following environmental policies in their activities and developing products that prioritize the environment. The concept of sustainable finance has led to the development of various financial products and to the development of financing projects aimed at protecting the environment. While the concept of sustainable finance is perceived as the responsibility of public authorities, the private sector has also been included in the process with the Sustainable Development Goals in the UN 2030 Agenda. There is no doubt that sustainable banking and finance practices, especially the implementation of sustainability practices by banks and other corporations in developing countries will contribute to the development of these countries considerably. In this study, it is aimed to draw attention to the global climate crisis, to emphasize the relationship between finance and the environment, and to contribute to the increase of applications in this field in the world by introducing green financing tools. One of the important functions of sustainable finance against the climate crisis is the evolution of companies funded within the scope of ESG criteria into a production process that tends to be sensitive to carbon emissions, as well as acquiring social and governance sensitivity. In this way, an economic process can be carried out on the axis of environmental and social awareness. In addition to combating climate change, it can be an important supporter in achieving the Sustainable Development Goals.

Implementation of Gold Bullion Funding as Alternative Instruments to Overcome the Problem of Currency Fluctuation

Infrastructure development has an important contribution in improving the national economy and realizing people's welfare. However, there are still problems in the implementation, namely the government's limited ability to fund infrastructure development projects. For this reason, the government has actually attempted to create a mechanism in the form of Public Private Partnership (PPP) by emphasizing risk sharing between the government and the private sector. However, this effort did not run smoothly because there were other risks, one of which was related to project financing which was at risk of currency value fluctuations. This situation shows that there is a need for a solution to optimize project financing in Indonesia through the Gold Bullion Funding (GBF) mechanism. The research method used is normative legal research by utilizing a qualitative method in analyzing data or secondary data through searching regulations and literature related to the object of the problem. Based on the research results, the author initiated the GBF mechanism to answer problems related to the implementation of project finance in PPPs. Regarding its implementation, the GBF mechanism will refer to the OJK regulation regarding the implementation of bullion business activities in order to optimize the government's role in forming the bullion ecosystem in Indonesia. With this mechanism, problems related to currency fluctuations in project finance in Indonesia can be resolved so that development can be realized that is effective, efficient and provides benefits to society.

Colonial Project Finance Initiative: to what extent did the UK export its public-private partnership model to Caribbean British Overseas Territories?

ABSTRACT Public–Private Partnerships (PPP) are long-term agreements for procuring public projects that bundle up design, build, finance, operation and management. The UK’s version, Project Finance Initiative, was a policy-based framework, now defunct. Instead, PPPs in Caribbean British Overseas Territories (BOTs) are based on rigid models, with early stopovers focused on ensuring financial sustainability. A comparative analysis among Caribbean BOTs concludes that they show common models, and that those BOTs that need PPPs the most have set up the biggest hurdles to get them started. The analysis comprises four features: legal sources, administrative safeguards, scope restrictions for sector and value, and accountability.

Assessing the impact of cleaner bonds on clean energy expenditure for sustainable economic recovery: A fuzzy analytical approach

This research evaluates the impact of investing in cleaner bonds on funding clean energy initiatives, pivotal for sustainable economic recovery. The study seeks to assess the efficacy of cleaner bonds in fostering environmentally friendly projects and propelling economic growth and applies fuzzy analytical hierarchy process to examine the findings. Findings suggest that cleaner bonds potentially increase clean energy expenditures by an average growth rate of 4.9 % per year, significantly enhancing economic resilience. Additionally, these bonds are shown to accelerate the revitalization of green economies by approximately 17 % annually. The research underscores the role of energy performance contracts as viable alternatives to conventional project financing, through the application of various modelling tools and fuzzy analyses. It also discusses the strategic allocation of public and private funds into cleaner bond investments to accelrate economic sustainability and energy conservation. This study highlights the essential nature of cleaner bonds for entities and environmental groups aiming to secure funding for long-term projects, stressing the importance of expanding the sustainable economy through green bond issuances for eco-friendly and energy-efficient developments. Furthermore, the research recommends implications for stakeholders to diligently consider the legal aspects associated with these investments.

Implementation of Value Engineering For Optimization of Road Reconstruction Project Financing Case Study: Cibadak – Padasuka Road Section Project, Lebak Regency, Banten Province

Road reconstruction is one of the important infrastructure projects in supporting economic growth and community mobility. However, such projects are often faced with budget constraints, which require the application of effective methods for cost management. One method that can be used is Value Engineering (VE), which aims to optimize costs without reducing the quality or function of the project. This study focuses on the implementation of VE in the Cibadak - Padasuka road reconstruction project in Lebak Regency, Banten. The study was conducted through an analysis of several project components that have the potential to be optimized, using methods such as Pareto analysis, and Life Cycle Cost (LCC) analysis. The results of the study indicate that 1. The work item that is the subject of Value Engineering study in this study is Road Paving work; 2. The Value Engineering study obtained 3 alternatives, namely the Rigid Pavement Method PPCP, SPRigWP & Flexible Pavement; 3. The construction cost value of Value Engineering is: • Alternative 1 PPCP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in construction costs of Rp. 324,545,518.51 or 3.30%, • Alternative 2 SPRigWP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in construction costs of Rp. 2,693,845,581.45,- or 30.75%, • Alternative 3 Flexible Pavement compared to alternative 0 (Conventional Concrete/Cast In Situ) experienced a decrease in construction cost of Rp. 1,368,807,868.21, or 15.63%; 4. The Life Cycle Cost (LCC) value from Value Engineering is: • Alternative 1 PPCP Method compared to alternative 0 (Conventional Concrete/Cast In Situ) experienced a decrease in Life Cycle Cost (LCC) of Rp. 1,020,655,389.33,- or 9.55%, • Alternative 2 SPRigWP Method against alternative 0 (Conventional Concrete/Cast In Situ) experienced an increase in Life Cycle Cost (LCC) of Rp. 1,375,850,167.98 or 12.87%, • Alternative 3 Flexible Pavement against alternative 0 ( Conventional Concrete/Cast In Situ) experienced an increase in Life Cycle Cost (LCC) of Rp. 10,697,757,430.34 or 100.07%. So that in the study conducted on the Cibadak - Padasuka Road Reconstruction Project, Warunggunung District, Lebak Regency, Banten Province Alternative 1 Precast Prestressed Concrete Pavement (PPCP) Rigid Pavement Method is the recommendation with the lowest LCC value.This research is expected to provide practical recommendations that can be applied to similar projects in the future, as well as contributing to the development of science in the field of civil engineering and project management.

Branch differentiation of financial mechanisms of enterprise restructuring

In the paper, the financial mechanism of enterprise restructuring is interpreted as a complex process, the object of comprehensive analysis, clear planning, effective implementation, the implementation of which allows enterprises to restore financial stability, increase competitiveness and ensure sustainable development in the long term. It has been proven that the general principles of the functioning of the financial restructuring mechanism are: transparent business conduct, openness in communication, mutual benefit, reaching consensus, analysis of all aspects of activity, integration of various measures, realistic goals, financial flexibility, constant monitoring, reporting to stakeholders, innovativeness, proactivity , flexibility and operational adaptation, alternative, optimality, etc. Adherence to the specified principles ensures the successful implementation of financial restructuring, increases trust in the enterprise and contributes to achieving its financial stability. It is shown that the sectoral differentiation of financial mechanisms of enterprise restructuring allows taking into account the specifics of each industry, ensuring effective management of financial risks and optimization of resources. Successful restructuring requires an individual approach that takes into account the unique needs and operating conditions of each enterprise. Based on the results of summarizing the experience of the functioning of financial mechanisms in various branches of the national economy, it was established that they differ in various aspects of restructuring, which can be of the following nature: adaptive, structural, structural-adaptive, integrative, security-oriented, reengineering of business processes. General financial instruments that can be used in all branches of the national economy are substantiated - state financing programs through the use of state grants, subsidies and credit programs to support restructuring measures, as well as public-private partnerships based on the involvement of private investors for joint financing of infrastructure projects.

Blockchain and sustainable finance: Enhancing transparency and efficiency in green investments

The study aimed to analyse the possibilities of using blockchain technology to increase transparency and efficiency in sustainable finance. The application of blockchain technologies and environmental and social practices in the context of sustainable finance was analysed, emphasising implementation and prospects in Kyrgyzstan. Blockchain, as an innovative decentralised data recording technology, provides a high level of security, transparency and immutability, which renders it particularly valuable for the financial sector. The study highlighted how blockchain can improve international transfer processes, increase the transparency of financial transactions and simplify the management of smart contracts, and noted existing challenges such as scalability and legal issues. The role of blockchain technologies in sustainable finance, especially in the field of green investments, was highlighted as an important aspect of the study. The introduction of blockchain in areas such as green project financing and social initiative management can help increase investor confidence and improve investment performance. Financial technology is also central in shaping new approaches to finance and investment, facilitating access to capital through crowdfunding and person-to-person (P2P) lending platforms. The introduction of environmental and social practices in financial institutions of the Kyrgyz Republic demonstrates the growing attention to corporate responsibility and sustainable development, despite the initial stage of their implementation. On international stage, successful projects such as the use of blockchain to track supply chains, green bonds and carbon credit management demonstrate the potential of technology to improve the transparency and efficiency of sustainable finance. These examples can be used by Kyrgyzstan in developing and implementing domestic blockchain and environmental and social initiatives, contributing to more sustainable economic growth and attracting international investment

An Investigation into the Models for Financing Renewable Energy Production in Low-Income Settlements in Gauteng, South Africa: A Review

South Africa faces a lack of reliable, modern electricity, essential for economic and social development. Many communities in Gauteng, particularly rural, informal settlements, are not connected to the national grid, leaving 39 percent of the province's residents in darkness and relying on paraffin and gas to survive the cold winters. In addition, these two components increase the number of dead fires in unofficial regulation and the price of electricity camps, increasing the load on the poor. In this study, we surveyed existing literature on the affordable funding model of renewable energy sources, collected primary data in structured industry interviews and stakeholders. This research focused on this survey, focusing on domestic recurring models and analysing the appropriate financing model and financial exhibition source project funding, green finance, public, private partnership, Government subsidies and private investors also instruct foreign investors. Financial procurement model is mixed. In this study, we have developed a framework that allows representatives to link to the outlook of financiers and decision -making, using a mixed methodology approach, and allows you to allow reliable and useful research results. This gap represents a significant obstacle to renewable energy financing. Furthermore, the results indicate that innovative financing channels are needed to promote renewable energy development in Gauteng and South Africa, as traditional financing methods have had little effect in stimulating renewable energy development. Furthermore, the results show that green energy investors consider renewable energy sources to be very risky, even when supported by government policies. Therefore, the study proposes a financing model that brings together funders into small financial consortia to fund local renewable energy projects using a blended financing model. Such a model would spread risk across multiple investors, thereby reducing the potential risks of investments while achieving the goals and benefiting from tax credits and other incentives for investing in renewable energy.

Financial Optimization Management and Equipment Procurement Risk Analysis of New Energy Photovoltaic Power Generation Project

As renewable energy gains momentum and energy structures evolve, photovoltaic power generation projects assume greater significance in the energy sector. This paper aims to explore financial optimization strategies and procurement risks in new energy PV projects, offering countermeasures. Firstly, an in-depth study of PV project finance reveals potential issues during operation. Cost control, income optimization, and capital management strategies are proposed to ensure economic viability and long-term profitability. Secondly, a systematic analysis of equipment procurement risks in PV projects considers factors like market volatility, technological advancements, and supply chain challenges. Comprehensive risk management measures are put forward to mitigate these risks. These measures cover supplier selection, contract management, technical monitoring and other aspects, aiming at minimizing the uncertainty in the procurement process and ensuring the equipment quality and reliability of the project. Finally, based on actual cases, this paper verifies the practicability and effectiveness of the proposed optimal management and risk analysis methods by comparing the effects of different financial management and equipment procurement strategies. Through these studies, this paper aims to provide useful reference for investors, managers and decision makers of new energy photovoltaic power generation projects, and promote them to make more scientific and reasonable financial management and equipment procurement decisions in the process of project implementation.

THE CURRENT STATE OF GEORGIA'S INVESTMENT RELATIONS WITH FOREIGN COUNTRIES AND THE WAYS TO IMPROVE IT

The article - "The current state of Georgia's investment relations with foreign countries and ways to improve it" - presents the volume, dynamics, structure of foreign direct investments in Georgia during the period of 2010-2023 and evaluates it. The issue of foreign direct investment is a very problematic topic all over the world. France, Great Britain, Germany and Spain restrict capital investments in their country from other countries. Developing countries also have a cautious position in this matter. There are countries where foreign investment is prohibited in certain sectors. The article mentions that although Georgia does not have its own savings and needs foreign investments to invest, it should be very careful about each project selected by foreign investors in Georgia and scrupulously study the interest that these investors have in Georgia. According to the author of the article, it is desirable for the Georgian government to prioritize the financing of Georgian agro-sector projects and less developed regions and parts of Georgia (Racha-Lechkhumi, Tusheti, Khevsureti, etc.) in negotiations with foreign investors. Georgia is a politically unstable country. This makes it unattractive to foreign investors. In 2023, compared to 2022, the direct foreign capital entered Georgia by 24% less, the author believes that the unstable environment of the country is the reason for this, and he calls on the government to eliminate its causes. Keywords: investment relations; foreign direct investments (FDI); investment environment.

Methodologies for Determining the Opportunity Cost of Capital: Financing in the Selection of Investments

Objective: The objective of this study is to determine the rate of opportunity cost of capital and analyse project financing, within the scope of concepts and techniques in investment analysis and evaluation. Theoretical Framework: The concept of "opportunity cost of capital" is presented, as well as the methodologies for determining the rate of cost of capital for analysing and evaluating investments that business management faces, whether in new investments or in financing the growth of its current activity. Method: A descriptive method is appropriate to the objective and relates the theoretical framework for determining the cost of capital to decision-making and investment financing. Results: How the cost of capital is calculated in the various methodologies is detailed, highlighting the adequacy of the methodologies to the specific circumstances. An example is given of how to consider financing in cost of capital methodologies, emphasising that the value created by an investment does not derive from financing. Conclusion: The methodologies for determining the cost of capital for different financing structures are discussed and clarified. The difference between methodologies for determining the cost of capital and determining the present value of tax benefits from financing is demonstrated, making it clear that value creation results from the investment and not tax benefits from financing.

Causal relationship between project financing and overruns in major dam projects in Africa

PurposeCost and schedule overruns are rife in dam projects. Normative evidence espouses overruns as though they are inimical to development and prosperity aspirations of stakeholders. This study examines the causal relationship between project financing and overruns.Design/methodology/approachCausative data were extracted from completion reports of 28 major dam projects in Africa. Each of the projects was financed jointly by up to 10 international development lenders. Relationships between causes of overruns and project outcomes were analysed.FindingsAnalyses elicit indicators of remarkable correlations between finance procedures and project outcomes. Lenders’ disposition to risk attenuation was the main debacles to project success. Interests had mounted, whilst release of fund was erratic and ill-timed. Finance objectives and mechanisms were grossly inadequate for projects’ intense bifurcations. Projects had slowed or stalled because lenders’ risks attenuation processes were purposed to favour lenders’ objectives, and not projects’ interests. In addition, findings also show project owners’ own funds and the number of lenders to a single project correlate with overruns.Practical implicationsFindings imply commercial complexities around major projects. They also show transactions are shaped by subtle (mis)trust behaviours in project finance procedures. Thus, scholarly solutions to project performance issues should consider behavioural issues of stakeholding parties more broadly, beyond contractors and project owners. Project finance ecosystems are vulnerable to major actors’ self-interests, opportunism and predatory conducts. Borrowers would manage this by developing and improving their capacity to build resilience and trust. Evidence shows intense borrower nations in Africa have limited capacity and acuity for these.Originality/valueThis study contextualises megaprojects in complexity rather than cost. Its additionality is in how finance steers absolute control of project environment away from project owners and how finance administration triggers risks and overrun.

Mechanisms of interaction between banking institutions and aviation enterprises

It is shown that the main mechanisms of interaction between banks and aviation enterprises are: loans, leasing, collateral financing, risk hedging, project financing, financial consultations and services, factoring, guarantees and insurance. The global aerospace market has been proven to have significant growth potential due to an increase in global GDP, growth in global air traffic and record numbers of new aircraft orders. Innovation, efficiency gains and the development of new markets contribute to the sector's long-term positive outlook. It is shown that the aviation industry is subject to strict regulation at the national and international levels, including requirements for safety, ecology, product quality, data protection and many other aspects. Failure to comply with these requirements can result in serious legal consequences, financial loss and reputational damage. Long supply chains have been found to be an integral part of the aviation industry, ensuring the supply of components and materials for aircraft manufacturing. They have their own advantages and challenges that require effective management and coordination. The use of modern technologies, the development of partnership relations and strategic risk management contribute to increasing the efficiency and sustainability of these chains. It has been determined that the management of the risks of execution of key contracts is extremely important for aviation enterprises. Implementation of effective risk management strategies helps reduce the possibility of problems, ensure timely and high-quality fulfillment of obligations to customers, as well as maintain financial stability and competitiveness in the market. It has been proven that the interaction of banks and aviation companies brings numerous advantages to both parties. Aviation enterprises get access to the necessary financing, risk management and consulting services, which contributes to their development and increased efficiency. Banks, in turn, expand their customer base, increase profitability, develop new products and strengthen their reputation. Such cooperation is an important component of the success of both the aviation industry and the banking sector.

Asset Backed Securitization Development Studies --Based on Guojin Railway Construction Chongqing YuSui Expressway Closed Infrastructure Projects

The Asset Backed Securitization (ABS) finance model is a technique of financing that involves the securitization of assets from a project. This model is secured by the projected revenue generated by project assets and a project financing strategy that involves raising funds through issuing bonds in the capital market. The existing ABS financing model, widely used as a project financing mechanism in the global capital market, holds immense importance for both the financial market and economic progress. Furthermore, it has consequently garnered the interest of numerous researchers. This study examines the comparative development of asset-backed securities domestically and internationally, as well as their actual application and implementation in China. This text explores the origins and development processes, characteristics, and advantages of domestic and overseas ABS financing structures. This article utilizes global expertise and real-world examples to present a future outlook for the extensive implementation of ABS in China. It aims to offer valuable insights for China's market development, compliance with financial institution regulations, alignment with market demands, and informed decision-making for relevant stakeholders in the field.