10. Bankers plan metros

SYNOPSIS. Moving people in tomorrow's developing countries will require finance. The banker's principal job is to arrange or provide finance. Finance on the right terms follows from sound planning and this is particularly true for developing countries. The banker can work with the project sponsor and his other consultants in helping to assess the financial viability of the project, let contracts on suitable commercial and financial terms, and co-ordinate the necessary funds. In short, he will help to bring in the project to time and cost.

FLAWING

1. Five years ago a small group of owners, contractors, consultants, banks and other relevant disciplines formed the Major Projects Association. Their concern was to find a forum in which to share knowledge and experience of large or complex projects. They were concerned that too many people gain experience of projects the hard way, making their own mistakes; the founder members of the MPA sought to allow others to gain by describing and analysing their own failures