parichart & vandy. equity $$$$ water revenue in local currencies is preferred to avoid a forex...
TRANSCRIPT
Parichart & Vandy
$ Loans &
Equity $
Loans &
Equity
WHAT?
WHY?
WHERE?
WHOM?
Loans
Debt to be repaid or reimbursed
Lack of
funds
Equity $$$
$
Water revenue in local currencies is preferred to avoid a FOREX risk
Little interest from Int’l commercial bank due to high fixed cost
Financial crisis triggers problems to the private int’l water projects
Demand market rates of return for Equity Investment; flexible in the short term
Local capital markets development is crucial for long term
Problems of political and regulatory risks; addressing by multi-agencies, central government and municipalities
Lessons learnt
