Project

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Project

The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing.

Project

Any series of tasks or activities intended to accomplish a goal, which is ultimately to make a profit. For example, a construction company may have a project to build a house. This project involves laying in the foundation, setting up the frame, installing insulation, and so forth. A company may receive a lump sum payment at the completion of the project, or it may receive progress payments as different benchmarks on the way to completion are met. See also: Project finance.
References in periodicals archive ?
In implementation of the leadership's directives, the Sheikh Zayed Housing Programme is undertaking several mega housing projects across the emirates, including the emirate of Ras al-Khaimah, to bring about social stability to Emirati families," said Sheikh Saud bin Saqr following a ground breaking ceremony.
Based on the reports, fierce clashes are underway between the army men and terrorists in Hananou Housing Project and the militant groups' mortar units have started shelling residential areas to decrease intensity of the army's offensive.
In May, the Social Housing Fund's Board agreed to study how the rent system could be involved in the social housing project with specific mechanisms and rules for available units, in order to be of benefit to those most in need.
He said that process for handing over of possession of the plots, in phase 1 of Park Enclave Housing project, to the allottees would be started with in couple of days.
This housing project is located in the Griesheim city district of Frankfurt am Main.
The ministry is putting all its efforts towards increasing the productivity in its various housing projects, specially those in new cities to guarantee work completion in line with our timeframe.
A high level meeting, chaired by Chairman CDA Maroof Afzal, was held at CDA headquarters to review the progress of development work at Park Enclave Housing Project.
Khartoum, June 20 (SUNA) The Vice President of the Republic Hassabo Mohamed Abdul-Rahman, the chairman of the higher committee for housing and construction is due to open Saturday in the presence of a number of the state's ministers the economic housing project in Gazira state which includes 1300 housing units.
One of the projects, the 278-unit OCCCI housing project in Ormoc City, is an initiative of one of the biggest cooperatives in the country - the Metro Ormoc Community Cooperative with almost 100,000 members.
At the meeting, the authority approved plans for a housing project in Al Marfa; to build 410 housing units -- the second phase of Al Gharbiya housing project for UAE nationals; a proposal to expand the area of Marabea Al Dhafra housing project in the Madinat Zayed, Western Region; as well as the Al Shuaiba project in Al Ain city.
The participants will discuss a number of topics related to housing joint works including the sustainability in housing project and use of modern system to rationalize housing projects.
The report provided details on each governorate's share of the housing projects, future housing projects across the kingdom and implementation of major projects, including Northern City, Eastern Hidd City, Eastern Sitra City and the Northern Governorate's housing project.

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