Highway Construction Projects Financing And Risk Control Study

Highway construction may reflect an overall level of economic development ofcountries and regions, is an important symbol of modern road transport. After nearly twodecades of continuous investment in the highway system, the introduction of a variety ofsocial capital, broaden the financing channels, and its development trend is basically sound.Levels of government play in the process of raising funds to lead a major role in ensuring thatthe investment structure of the highway construction rationality; commercial banks as themain source of investment in the country at present, the construction of the highway into ahuge line of credit, to a great extent, solve the serious shortage of funds in highwayconstruction problems; diversified financing channels for transfer of operation rights in theform of further development, strong support for the construction of the highway. However, inthe current construction of the highway, there are still financing decisions unscientifichighway construction projects, financing structural imbalance, projects a shortage of fundsand other phenomena, a major cause of these problems is the source of highway constructioninvestment channels for a single, excessive reliance on bank loans, there is a huge risk.This paper mainly in the construction of Guangxi Laibin to Masan highway, for example,through the study of highway construction project financing and risk management theory,combined with the economic characteristics and the characteristics of the Midwest highwayconstruction, highway construction analysis pros and cons of the project financing, combinedwith the specific case, the type of financing risk analysis and the corresponding controlmeasures.