Font Size: a A A

Study On Problems Of Infrastructural Investment And Financing In Huizhou City

Posted on:2015-12-21Degree:MasterType:Thesis
Country:ChinaCandidate:N H WuFull Text:PDF
GTID:2309330452960282Subject:Architecture and civil engineering
Abstract/Summary:PDF Full Text Request
From the study of China’s rapid development of urbanization and urban infrastructureconstruction and urban development does not match as a starting point, the analysis ofHuizhou city infrastructure investment and financing problems in the field, mainly in theinvestment channels for a single, less than the total amount of investment; investment andfinancing system is not Perfection; financing model for further optimization. The main causesof these problems are, for the implementation of Huizhou in the field of urban infrastructurefinance-led government investment and financing mechanism, mainly by government financialcapital construction investment in urban infrastructure and other investment channels have notyet been fully established,while the government revenue less, can not meet the financial needsof urban infrastructure construction; Huizhou current investment and financing system of riskcontrol mechanism has not been established, on urban infrastructure financing laws andregulations are not perfect, can not adapt to the market economy,not for the city infrastructureto raise sufficient funds; Huizhou city infrastructure investors mainly government, urbaninfrastructure construction funds mainly by revenue, bank loan funds and BT financingurgently needed in order to obtain sufficient financing model to optimize the constructionfunds.Through analysis, draw the main factors affecting urban infrastructure investment andfinancing are: investment and financing system and the investment and financing modes.Implementation of urban infrastructure investment and financing system who can solveinvestments, how to invest and by whom decisions, who will bear the risk and responsibilityissues. In order to solve urban infrastructure funding gap, the need innovative financingmodels, such as the financing of infrastructure funding through government investment andfinancingplatform for the company.In this paper, the use of public goods theory to distinguish between theoretical conceptsand projects in infrastructure and in-depth study of the relationship between the classificationof different types of infrastructure, while the developed countries to our country and urbaninfrastructure investment and financing mode analysis, summarized Urban InfrastructureInvestment and Financing successful experience. From urban infrastructure investment andfinancing system reform and innovation in both investment and financing mode analysis,operational and Huizhou City Water Group Limited and youth small watershed and waterenvironment comprehensive improvement project financing as a case study,from governmentinvestment and financing, market investment and financing and voluntary investment and financing three empirical studies, they have in common the problem is solved inadequateurban infrastructure investment and financing capital construction funds of about540millionyuan, which accounted for more than government investment and financing major,reached QiCheng, and market share and voluntary financing accounted for respectively20%and10%.Government investment for a long time will remain the main urban infrastructure, andinvestment will fundamentallysolve the problem of insufficientfunds, voluntary investment isbeneficial to compensate sources of urban infrastructure funds. First, to develop various typesof compensation channel infrastructurefund, to attract all types of equity funds, industry fundsto join, and set the scientific and reasonable compensation mechanisms such as financialsubsidies and other income from the project. Second is to further revitalize the localgovernment stock of assets, rights and interests of government-held part of the project hasbeen built to assess, transfer to private capital, recapitalization project, ahead of return oninvestment and optimize the structure of government debt, reducing its total debt and interestpayments to increased infrastructure funding. Through case studies, which explore theestablishment of a specific model for future urban infrastructure investment and financing ofHuizhou City.
Keywords/Search Tags:Urban infrastructure, Financing, Research, Mode, Urbanization
PDF Full Text Request
Related items