The Use of Project Financing Factory at Implementation of Infrastructure Projects in Russia

Abstract

The use of project financing techniques as a means of financing large-scale infrastructure projects continue to enjoy popularity in Russia. The article considers project financing as an effective vehicle for the implementation of priority investment projects in order to develop the country's infrastructure. The advantages of project financing over traditional lending are determined, and the main forms of state support of infrastructure projects are investigated. The mechanism of functioning of the Project Finance Factory was studied, and an assessment of the conditions for its practical implementation was presented. Keywords—investment project; project financing; infrastructure; project financing factory; state support of infrastructure projects