Projects & Finance Report 2011
There is no doubt that the Iberian projects sector has been significantly affected by the economic downturn, say the region's lawyers, "we have sovereign debt concerns and the banks are facing an adverse environment, but I strongly believe that the PPP model remains vigorous and attractive to all the players involved, provided that a well-structured risk allocation is established and agreed between the private and public sector," told Teresa Empis Falcão to Iberian Lawyer.