Fitch全球基础设施和项目融资展望20103.pdf

Global Infrastructure Project Finance Special Report Global Infrastructure Project Finance 2010 Outlook Analysts Summary Regional Contacts Fitch Ratings sees its global infrastructure and project finance rating outlooks in most Cherian George, Americas sectors stabilizing and in some cases moderately improving in 2010. This follows two +1 212 908-0519 consecutive years where credit outlooks turned clearly negative. The improvement in cherian.george@ outlooks is in the context of an anticipated global scenario of gradual economic Dan Robertson, EMEA recovery throughout 2010 and onward. It is also in part a consequence of the rating +44 20 7682-7381 dan.robertson@ actions taken so far, which have been mostly negative to reflect higher levels of credit risk, and the recognition that a further negative shift is therefore less likely going William Streeter, Asia-Pacific +65 6796-7224 forward. No sector is associated with a positive outlook yet for two main reasons: the william.streeter@ pace of the recovery is uncertain, so we do not expect rapid growth in revenues in 2010 and 2011, and also projects for the most part still have many years to operate and as a Olivier Delfour +33 1 4429-9121 result will go through other cycles in the future. olivier.delfour@ As expected coming into 2009, the world economy endured serious deterioration as the Sector Contacts