Our Country Civilian Airport Project Financing Research

Project financing originated in the 1950's, in the 1970's and 80's in the intern-ational on the emergence, is a different from the traditional enterprise financing (als-o called the financing) new financing ways. It has the financing function effectively solve large-scale projects strong, flexible financing, financing mode, ease the gover-nment financial burden characteristics, and has been widely used. One of the BOT financing way, by many developed countries and developing countries more and mo-re use, building infrastructure project financing.Since the 1980s in China begin using middle way of project financing since the introduction of foreign capital in shenzhen, ShaJiao B power plant, Shanghai huan-gpu river yanan road tunnel multiple tracks, guangzhou and shenzhen highway, sanya phoenix airport construction projects are already using, some preliminary results. H-owever, in the civil airport construction, successful use of project financing approac-h to solving the civil airport construction investment in China, long recovery many practical problems is rare actual cases. To realize the civil aviation infrastructure con-struction of leapfrog development and also need to further enhance the project finan-cing pattern approval policy research, project financing model of concrete legal issues, take measures to reduce foreign exchange risk, further regulating the income gu-arantee mechanism and improve the credibility of promoters of project financing, str-engthen the cultivation of talents in our country and make full use of project financi-ng way of introducing the foreign capital effectively create favorable conditions and environment in China, so as to improve the civil airport construction speed.Based on the current situation of China's civil airport financing and analysis of pr-oblems,proposed to broaden the financing channels and the use of scientific methods of financing need,and then through the concept of project financing and project financing m-odel contrasts with the traditional financing advantages, especially BOT model and AB-S mode of meaning, patterncomparison, and project financing structure, project financ-ing in China's development and project financing risk, the elaboration of security, Chin-a pr-oposed the use of BOT model for construction of civil airports in the necessity and fea-sibility, and for civil airport project financing problems,propose solutions to this p-roblem, and then through the civilian airport project finance case studies, simulation of t-he BOT model in our country to achieve the effectiveness of the construction of civil airports, civil aviation of China's great efforts to develop infrastructure in the process of building provide ideas to solve the financing problem.I hope this discussion can help the development of China's civil aviation industr-y, air power for the early realization of China'sstrategic goal to make a modest contribut-ion.