Język
angielski
Treść
The paper presents a selection of aspects of a practical application
the feasibility study in the evaluation of investment projects for
implementation based on the project finance structure. The feasibility study
is an analysis on the basis of which owners make decisions whether to
implement or abandon a given project. Feasibility studies are particularly
important when they investigate investment projects that are totally new and
which will be built up from scratch, which is quite typical for project finance
method. One advantage of project finance is that it creates a new business
entity in order to carry out an intended investment project. It facilitates the
analysis of conditions of project performance and its financial effectiveness;
whereas, legal and economic isolation from its owners limits project-related
investor risk.
The paper includes a case study of a selected investment project for a better
understanding of the project finance method and the role the feasibility study
plays in the assessment of principles of a planned investment.
