A Review of Funding and Financing Models for Infrastructure Corridor Mega Projects, and Implications

The term “funding” refers to: 1) the pre-construction sources of cash required to cover scoping, feasibility and environmental studies; and 2) the post-construction sources of cash required to cover operational and maintenance costs of the megaproject’s infrastructural systems and provide the requisite financial returns to the public and private investors. [...] 25 It provides a one-page synopsis for 59 current and pending African infrastructure projects, and within it are these very concise summaries of the major components of the LAPSSET megaproject (except for the telecommunications component): • Lamu Port of Phase 1’s three berths: One is completed, and two are underway; the Kenya5n government has supplied the financing of $0.5 billion for the three b. [...] 5.4.4 Risk Management The government and the ARTC have managed the risk of stakeholder disruption quite well by establishing connections and communications with the major stakeholder groups early in the process and engaging in consistent and productive discussions. [...] 5.5.2 Funding From the Queensland government’s perspective, the financial return for acquiring the easement and providing operational permits to the pipeline companies comes in the direct form of royalties on the sale of refined LNGs. [...] This large set of stakeholders may seem to counter the argument that things are simple if there’s a clear business case for the major private sector stakeholder(s), but in this case, the complexity of the location in a developed part of Europe, and the importance of this link in the TEN-T Atlantic Corridor, may have dictated that extensive involvement was essential and wise.