Section A Question 1 Using the Case Study You are the lead Project Manager working for a Development Bank. The Managing Director is due to meet the Chairman and Chief Executive of Euro Tunnel, who are seeking for extra funds. He expects a comment from the Euro Tunnel document on how you expect the Euro Tunnel project to be managed by your bank. Please give a 5 page comment for discussion with the managing director due in four days given your knowledge and experience in project finance even there are major apprehensions in the capital markets in respect of the high uncertainty of the euro-tunnel project .despite the perceived high risk by the capital markets because of the high levels of technical risk, the two governments have been twisting the arms of capital markets gurus that this project needs to be financed and completed. 2 9 (Total 50 marks) Section A Question 1 Using the Case Study You are the lead Project Manager working for a Development Bank. The Managing Director is due to meet the Chairman and Chief Executive of Euro Tunnel, who are seeking for extra funds. He expects a comment from the Euro Tunnel document on how you expect the Euro Tunnel project to be managed by your bank. Please give a 5 page comment for discussion with the managing director due in four days given your knowledge and experience in project finance even there are major apprehensions in the capital markets in respect of the high uncertainty of the euro-tunnel project .despite the perceived high risk by the capital markets because of the high levels of technical risk, the two governments have been twisting the arms of capital markets gurus that this project needs to be financed and completed. 2 9 (Total 50 marks)