Recipe for a boondoggle.
Step one: get government approval for your sketchy project.
Step two: complain loud and long about poor "market conditions".
Step three: assert how your project is long term nation building.
Step four: dump as much risk on the public as you can extort from frightened politicians.
Step five: postpone and delay the project until markets improve.
Step six: demand extension of timelines ad infinitum. 
Step seven: complain loudly about lack of government support.
Step eight: borrow as much against the value of the project as the banks will allow.
Step nine: never admit that the dog won't hunt.
Step ten: return to step two and repeat yourself.

If the investors in this project have to assume 100% of the risk, it will never be built.