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3) Yes Engineering Tech can effectively protect its interest and assure udy source was downloaded by 100000810083694 from CourseHero.com on 11-23-2021 15:37:33 GMT -06:00
3) Yes Engineering Tech can effectively protect its interest and assure udy source was downloaded by 100000810083694 from CourseHero.com on 11-23-2021 15:37:33 GMT -06:00 www.coursehero.com/file/25441161/Case-Study-2-Trade-Financedocx/ payments. Some major interests of ET in this project are their profits in the venture, their assets and their brand image or corporate identity. To ensure that ET's profits are secure and not eroded, ET should get an advance payment, documentary credit guarantees and insurance, these ensure that Engineering Techs interest are secured a that their profit are secure. ET must also ensure that their assets are not used as loan collaterals that cannot be redeemed or financed. Also, ET must ensure that all their assets are insured, this ultimately secures ET's assets. as om 1a) The above assessments of the risks of executing this major infrastructural project in Ethiopia, highlights complex set of risks, like country risk, business risk, finance risk and counterparty risks etc. However, Engineering Tech (ET) must approach risk mitigation with a broad, holistic and all encompassing approach that essentially ensures that all potential risks to the infrastructural project is fully mitigated by the necessary and appropriate mitigation tools and techniques. 1b) Some of the resources available to Engineering Tech in this infrastructural project are its key partners: its excellent relationship with EFIC, Australia's Export Finance and Insurance Corporation and the Acacia Crew. This study source was downloaded by 100000810083694 from CourseHero.com on 11-23-2021 15:37:33 GMT -06:00
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