TNAG-1175-FCO40-1477-Proposed-replacement-airport-for-Hong-Kong-at-Deep-Bay-or-Ch-1982 — Page 121

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Task 6.

6.1

6.1.1

Analysis of all potential funding sources

Once a profile of the construction programme has been

defined, consultants will undertake a review of all

available sources and forms of finance and their possible

application to the project. Consultants are reminded that

they should not seek advice from outside Government.

Officially supported funding

After consultation with Government, the consultants should

make their own assessment of the likely reaction of all

institutions offering preferentially priced finance for

major capital projects.

Included in this exercise will be

International lending agencies.

Consultants will advise

whether the project or any part of it falls within the

lending policies of these institutions, notably the World

Bank and Asian Development Bank, and if so whether it

would be desirable to seek support from such sources on a

"co-financing" or other basis and on what terms.

6.1.2

Export credit agencies. Having determined the proportion

of goods and services which could attract such finance and

the potential sourcing of supply, consultants will

assess the capability of the major export credit agencies

(including ECGD, US and Japanese EXIM Banks, COFACE,

HERMES and others) to determine the availability and

the

volume of credit support for the project as well as the

terms and interest rates applicable and any conditions

attached to the finance. A preliminary view will be

offered as to security requirements.

8

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