The Confederation of Indian Industry (CII) has estimated that the port sector will require an investment of Rs 33,500 crore by the year 2002.The government is expected to contribute Rs 9,500 crore while the private sector will have to invest Rs 4,800 crore annually.
Development financial institutions and commercial banks are expected to play a major role in the funding of these projects.
This raises the important question of what are the factors that lenders would weigh before releasing money for such projects.
A paper titled
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