destini
Feb 8 2006, 12:17 AM
Need funding for 2 deals in China. 1 real estate related and 1 highway construction project.
Are there any international lenders in this forum or know of any that I can network witth?
Thanks in advance,
Destini
Commercial LO
Feb 8 2006, 09:53 AM
Be very wary of deal involving highway construction. Highways are not generally private enterprises especially in China where the government has a tight reign on infrastructure.
Best bet is to look for banks with a presence in Hong Kong.
BIGWORM
Feb 8 2006, 11:13 AM
I agree with commercial lo that highways are typically the responsibility of the government, however I have fielded 2 deals for highway construction in China in the last month so there must be some privatization going on over there. Unfortunately at the time they wanted a guarantee from us and not a loan and I can provide guarantees.
Perhaps these are the same guys realizing now they can not get a guarantee and are now seeking financing for their project...
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