BROADCAST 1: Contractors self-financing
It’s still touch-and-go, says Wail Farsakh, general manager at Dutco Balfour Beatty. There are a couple of projects that have been done with export finance successfully in the region. There are other projects where the client calculates that they can borrow money for cheaper rates than the contractor, so they go back to the traditional contract model. Source: Mashreq Live Broadcast
https://youtu.be/4e9OuWr0K_E