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Research Of The Financing Mode Selection About Operational Infrastructure Construction Project

Posted on:2014-07-03Degree:MasterType:Thesis
Country:ChinaCandidate:X Y ZhangFull Text:PDF
GTID:2269330401987273Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
Infrastructure construction is the basis of a country’s economy sustained, stable,long-term development. It brings more than investment over several times the nationalincome and social total demand, so all countries in the world attaches great importanceto its development. Complying with the tide of reform and opening up, China’s totalinfrastructure has increased sharply, the highway in the investment is rising rapidly. Butthe highway construction has been not completely got rid of a bigger conflict:investment under the condition of insufficient funds, a lot of folk capital was not able toparticipate effectively in. In that case, it is necessary for "cutting expenditure".Therefore, reasonable and effective use of funding to expand and (financing) method ofthe research has practical significance. Financial sector development brings us a lot offinancing tools, each has its special applicability and advantages and disadvantages. Ourtheoretical results have to be flexible to understand and adjust to roads and otherinfrastructure services. So need to transform the existing investment and financingsystem and pattern, make it meet its investment and financing behavior of thecharacteristics and risk appetite, to provide trust-mart both investment and financingplan for the government, encourage social capital both quickly and safely into theinfrastructure, improve the utilization efficiency of capital.At this stage of the infrastructure construction investment and financing mode, BOT,PPP and ABS generally applicable range is wide, were relatively high, but theirindividual difference exists in the applicability. This article on the preexistent theory onthe basis of literature review, in order to improve the infrastructure constructioninvestment and financing efficiency as the goal, through the depth analysis andsummary of existing financing model, from a different Angle to the infrastructureoperators provide optimal model of sustainable development. The main method is: withappropriate of Chongqing highway project as an example, first of all to build economicevaluation index, and then from the economic benefits of infrastructure constructionproject itself, using net present value method calculates the investment payback period,and various indexes, finally points put forward appropriate operating mode for operators.In terms of the innovation of this study point, will cash flow analysis as context, usingfinancial analysis and the regression forecast method, combined with the for-profit andeffectiveness of the highway project, project feasibility analysis report. Provide areference for operators to help them see their own advantages, in the end to find theoptimal strategy of sustainable development.
Keywords/Search Tags:infrastructure, investing and financing, project management
PDF Full Text Request
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