Dalian Fisherman's Wharf Project Finance Case Studies

This essay, entitled "Study of The Case of Dalian Fisherman' s Wharf Project Financing", intends to explore and study the function and significance of utilizing Project Financing, an important international finance tool to raise foreign investment to support our large tour projects. This article illustrates its arguments by analyzing such aspects as the Financing Plan, Ways of Financing and Financing Cost of "Dalian Fisherman' s Wharf Project" and on the basis of the analysis, the author also put forward some countermeasures and proposals aiming at solving the problems in tour projects financing. The essay is divided into the following four chapters:Chapter one introduces the case of Dalian Fisherman's Wharf. In this chapter the author first provides background information of the case, then expounds the project' s financing procedure, which includes designing of the financing plan, choosing ways of financing, results of financing negotiations.Chapter two summarizes the guidance theories of projects financing. Basing on the feasibility study of projects financing, in this chapter, the author further reveals the inherent rules of projects financing and sets up the goals of projects financing decision-making utilizing the internationally accepted projects financing frame theories including those of investment, financing, capital and trust guarantee.Chapter three analyzes and evaluates the financing of the tour project.In this chapter, the author adopts quantitative analysis approach toanalyze such aspects of Dalian Fisherman' s Wharf Project as its feasibility, venture, modes of financing, choice of financing plans, cost of financing. On the basis of the analysis, the author evaluates the financing project objectively and points out its successful experience and existing problems. The study of new way of financing and related theories may be used as reference in utilizing foreign capital to finance large tour projects.Chapter four puts forward countermeasures of raising fund for projects. In allusion to the obstructions existing in project financing, the author proposes corresponding countermeasures that should be taken to raise fund for projects after China enters WTO so as to widen the range of projects financing methods to improve the efficiency rate of projects financing.