This book reflects the radical changes of operating in an open economy with low tariff barriers and mega competition. It also presents the criteria for assessing the competitive status of a project unit and methods to improve the quality and productivity. It also discussed the concepts of Flexible manufacturing systems, Expert Systems and Enterprise Resource Planning using lean techniques and lean thinking to improve competitiveness. It also includes exposition on project loans from DFIs to syndicated loans from commercial banks. Lease Finance, which is relatively cheaper and flexible, has also been discussed.
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