Research On Financing Risk Management Based On PPP Model Project

With society and economics developing rapidly in recent years, the lack offinancial resources of government’s and urban infrastructure needs are growingcontradictions. Especially in China, urban infrastructure financing channels for asingle, inefficient, slow development of infrastructure. This requires the private sectorto participate in infrastructure financing and project management, which uses PPP(public-private-partnerships) model project construction financing. PPP financingmodel refers to the government, the private for-profit companies and nonprofitenterprises and the formation of a project based on mutual cooperation between theforms. The model solved the shortage of funds for infrastructure projects effectively,inefficient and many other questions and success in several countries. But at the sametime, PPP projects due to various factors, there is a big risk, so the PPP model for therealization of financing infrastructure projects in the country in the successful use ofPPP financing project risk management is particularly important, thereby establishinga suitable investment risks of PPP projects evaluation system and risk-sharing modelwhich has major practical significance.In this thesis, read a lot of literature on the basis of the PPP project financing riskmanagement conducted a systematic in-depth study, the main research contents are:The first chapter of the thesis research background and significance of the researchstatus and research methods and elaborate line of research, etc.; second chaptermainly for PPP model definition, characteristics, basic theory of project riskmanagement, PPP project financing PPP projects risk management process and thesubject of the theoretical analysis; Chapter III, Chapter IV of the PPP financingproject Risk Management contains three modules were risk identification analysismodule, risk assessment and risk sharing model, through literature study on the PPPmode of infrastructure project financing risks are identified, followed by taking onAHP and entropy France combined to determine the index weight, and constructedusing gray correlation method based on multi-level gray evaluation method PPP financing model project risk assessment model, and finally based on game theoryunder conditions of incomplete information by transformation to build PPP financingmodel projects the public sector and private sector risk-sharing model to determinethe proportion of risk sector parties, these three parts complement constitute PPPfinancing model of the overall project risk management, and in the last part of eachchapter in the thesis by example research, through specific case of PPP projects formodel application; fifth chapter of the paper is summarized and further noted the needto continue research.