Sunday April 5, 2020

Funding dries up for larger PPP projects

The funding for public-private partnerships (PPP), which were favoured for many major infrastructure projects, has effectively dried up, the government has been told.

14th March, 2009

The funding for public-private partnerships (PPP), which were favoured for many major infrastructure projects, has effectively dried up, the government has been told.

The National Development Finance Agency (NDFA) has warned finance minister Brian Lenihan that banks are either unable or unwilling to finance large-scale projects in the current economic climate.

The state agency said that the global financial crisis was hitting funding for PPPs, a finance model whereby the state teams up with private...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago