Urban Rail Transit Construction Project Investment And Financing Strategy

Urban rail transit offers an inevitable therapy to solves the public traffic problem. However, due to the characteristics of huge capital investment and hard investment payoff, all the countries across the world have to face two difficulties commonly in the construction of rail transit facilities, i.e.fund shortage and operation profit deficit.Of course,China is noexception.Under such circumstance, it becomes much meaningful both in reality and intheory to study on how to expand the rail transit project financing channels,establish the reasonable urban rail transit investment&financing mode to ensure the rail transit construction projects overall balance so as to sustainable development of the construction of urban rail transport system.This article, based on the Public Product Theory in the domain of West Economics,depicted the characteristics of the urban rail transit in the first place, compared the mainadvantages and disadvantages of zhe main investment and financing mode in urban rail transit, summed up the general principles of ithe nvestment and financing in urban rail transit,Then analysised the major investment and financing modes of rail transit in cities at home and abroad, Specially the shortcomings of investment and financing experience in China, finally, in accordance with the accurate condition of Nanjing city and Nanjing Metroline3,it came up with the optional investment and financing mode for Nanjing as well as the relevant concrete implementation suggestions.