Preface xi

second and third parts deal with industrial project work directly , ex
plaining how to develop projects to ensure technical , economic , and fi
nancial soundness , and how to obtain financing . These aspects are ap
proached from the viewpoint of the project sponsor or investor . Finally ,
ways to appraise projects from the viewpoint of a lender or other re
viewing authority are explained .
This book could have been titled , perhaps more accurately , An Intro
duction to Industrial Development Work . While it was written in an

be
attempt to want
fill
an

observed need the field the first

to
in

to
,
I

of
note that this pioneering effort suffers many the same kinds

of
from

defects noticeable new industrial projects

in

.
As this book was written Burma with limited research material
in

at
largely personal work which draws mainly my

on
hand own
is
,
it

experience My appreciation

at
expressed
former colleagues the
to
is
.

World Bank associates among the economic and engineering advisors

to
,
to

the government
of

Burma and friends the International Finance

in
to
,

for
Corporation and the International Cooperation Administration valuable
am

advice and assistance developing the book especially indebted

to
in

I
.

Economic Development
of
Dr John Powelson Professor The Johns
of
,
.

Hopkins University Institute ICA Development Programming for his

in

many constructive sug ,

his

the manuscript
of

detailed review and for

gestions
.

Murray Bryce
D
.