Research on the Risk Management of International Engineering Project Financing
Year: 2024
Type: article
Abstract: Against the backdrop of the "Going Global" strategy's continuous advancement and the rapid integration of the international economy, China's development prospects in the realm of international engineering contracting and investment appear highly promising. Currently, in the implementation of international engineering projects, construction contracting enterprises regularly participate in project financing to alleviate funding challenges faced by project owners. Within the context of international engineering project financing, an array of risks is inevitably encountered. Among these, the most prominent risks include political, legal, market, performance, economic, construction, and operational risks, among others. Through the analysis of various risk factors presented in this paper, the aim is to enhance the understanding of international engineering contractors regarding the intricacies of these multifaceted risk elements. Subsequently, corresponding mitigation strategies are proposed to empower project operators in effectively managing and guarding against these multifaceted risks.
Author: Jiayi Yang
Institution: Zhuhai College of Science and Technology
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4403845834