Non-public Capital To Participate In The Highway Construction Field Of Theory And Policy

The non-publicly-owned capital is the most energetic economic composition at present. The non-publicly-owned capital takes part in the construction of the road through BOT or TOT, which can promote the highway traffic sustainable and rapid development. This treatise begins with the basic theory of the road and the non-publicly-owned capital. And through applying the principle of economics and finance, it draws a distinction with the role taken by the government and the market in the development of highway. The treatise summarizes the system of road financing and raising, then analyzes that the non-publicly-owned capital is suitable to take part in investing the domain of highway or not. At last, based on the analyzing of several methods by which the non-publicly-owned capital take part in the construction and operating of the road and the development in our country, the treatise puts forward the policy.