Elite Capital & Co. Limited has unveiled an innovative financial model aimed at transforming how large infrastructure and government projects are funded. The EXIM+F system, a departure from the traditional EPC+F model, offers greater flexibility for borrowers, enabling countries to fund specific components of projects rather than entire initiatives.
Speaking on the matter, George Matharu, President of Elite Capital, explained: “The traditional EPC+F system requires borrowers to use financiers’ contractors and projects, often limiting their independence. With the EXIM+F model, we finance specific elements, such as production lines, enabling countries to implement projects independently.”
The EXIM+F model finances up to 100% of imported government project content designated by the country, with broader financing possibilities considered under the company’s Government Future Financing 2030 Program.
A Revolutionary Approach to Sovereign Financing
Elite Capital’s Government Future Financing 2030 Program, launched in January 2020, offers financial support without imposing sovereign loan burdens on governments. The program commits up to 80% financing for national projects, with governments sourcing the remaining 20% through open bidding to ensure fairness and transparency.
Dr Faisal Khazaal, Chairman of Elite Capital and head of the program, highlighted its advantages: “This program relieves ministries of finance from issuing sovereign guarantees. Instead, banks are empowered to assess risks with medium- to long-term guarantees, providing projects with the breathing space to generate profits and streamline repayments.”
This innovative financing eliminates the need for direct communication with multiple countries. Instead, governments liaise with Elite Capital, a G20-endorsed entity, to streamline administrative and diplomatic negotiations.
Enhancing Fairness and Economic Independence
The program supports governments in achieving equitable procurement processes by encouraging local and international bids for the remaining project funding and operations. This approach ensures compliance with national regulations while allowing countries to implement projects aligned with their unique economic and security needs.
Elite Capital’s commitment to fair financing extends beyond project management. It provides advisory services tailored to private clients, corporations, and governments, drawing on extensive expertise in banking and financial transactions.
Looking Ahead Mr Matharu concluded: “Our approach ensures governments access the best financing offers, avoiding limitations tied to traditional diplomatic or political channels. The EXIM+F model demonstrates Elite Capital’s commitment to reshaping global project financing with innovation and fairness at its core.”
The program has been instrumental in supporting critical infrastructure projects worldwide, cementing Elite Capital’s position as a leader in financial innovation.
