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The Research On PPP Financing Model Of Freeway

Posted on:2012-12-03Degree:MasterType:Thesis
Country:ChinaCandidate:W X YangFull Text:PDF
GTID:2249330371495661Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In this paper, first of all, it has got a brief summary about the freeway construction and financing system during the implementation of the approach taken in different countries. Then full and detailed understand and analysis the financing systems, especially for the PPP model. It proposed how to study the actual situation of our China freeway PPP financing model. Finally, to verify the YW freeway as an exampleThe PPP model used in freeway construction financing options, it can not only effectively alleviate the shortage of freeway construction funds, the government issues such as low efficiency of a single investment, meanwhile, it can achieve the goal of all parties win with the PPP model involved. For private capital, it can found a higher equity investment side and have a stable return on investment to protect the freeway project; for the public sector, it can build more and better freeways to meet the social and public needs. PPP financing model is a better way to achieve the both goals.Freeway construction funds is an obstacle in social and economic reforms and development in China, the most significant problem is the freeway construction can not be able to match the capacity development, and supply does not match with the transport. The main reason resulting in the both cases is the required freeway construction funds can not arrived in time. Therefore, relying on only one certain kind of financing or financing the study is not thorough, the use of inappropriate, which will effect the construction of the freeway adversely, thereby, affecting the rapid development of various undertakings. How to make up for lack of funds, and how to adopt the proper financing model to improve the local development is an urgent problem, which is a background of the paper topic. This paper attempts to research highway infrastructure financing phases of development, then how to solve the problem of China’s freeway construction funds, according to analysis the actual situation of PPP financing model in detail. According to describe the definition and characteristics of PPP, we analysis the practical application and operation of the PPP, and research on the advantages and disadvantages of PPP financing models. On this basis, I combined with H Province YW actual situation during highway construction and elaborated YW freeway Basis and background, the necessity and feasibility to Implement YW freeway PPP model, and PPP mode operation of the program, estimated investment and financing, then evaluate on the economic. Combined with the actual situation of YW freeway, it got a brief analyze about the effects. Make an objective discussion of how to create economically underdeveloped areas to adapt to its effective mode of financing freeway construction. To discuss how to create proper and effective model of freeway financing in undeveloped areas objectively.
Keywords/Search Tags:Freeway, PPP, Financing, Model, Research
PDF Full Text Request
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