Editorial

摘要

Amidst the news of economic slowdown and monetary tightening robust order book position of engineering and construction (E&C) companies provide hope that momentum of infrastructure creation will continue apace. It is reasonable to expect that projects that have achieved financial closure as well as those that are already in various stages of implementation would be executed. The same cannot be said about projects that are yet to reach financial closure. Execution of such projects may be hurt by rising cost of funds.