Research On PPP Financing Mode Of A Group Expressway Project

In recent years, Corporation A achieved encouraging achievement and outstanding contributions in investment and financing structural reformation of transportation because of bold exploration. Meanwhile, there are some new situations and problems in the process of its development. The main reason lies in backward system, monotonous financing channel, high debt ratios and low participation of social private capital.In order to solve the above problems, it's the favorable opportunity of pushing PPP model. This thesis is based on the domestic and foreign research results and carrying out the PPP model design and field operations in the highway project of group A. Financial funds play a critical role in the process of transportation infrastructure construction. Actively and effectively reduce the debt ratio of the company, partly to resolve the local government debt. The ultimate aim of PPP is advancing win-win development in public, investors and the government. This article includes five parts:Chapter One mainly introduces the research background, the current situation, methods, innovation, etc.Chapter Two analyze the Financing model of PPP in highway project. It focuses on the PPP's basic characteristics, system structure, application advantage, pricing model, benefit distribution system, etc. So we can draw the conclusion that PPP's efficiency get comprehensive promotion, risk allocation system is more reasonable. In order to achieve the expected return on investment to create a good foundation conditions.Chapter Three illustrates the present situation and existing problems of A group expressway construction financing. A simple analysis of a group of highway construction financing status review, as for the historical development, the government pays certain capital, the remaining loan pattern, resulting in a group in debt; moreover, a group as the government financing platform, its debt is also government debt, resulting in the increasingly heavy burden on the government. At the same time, A group highway construction financing market is not high and the external financing environment is facing severe, it is urgent to explore a way to attract private capital to participate in the construction of highway.Chapter Four shows A's construction of Expressway PPP project financing model design and application. A mainly proposed a highway project as an example, according to the PPP financing mode design and feasibility analysis, in-depth analysis of the specific application of PPP financing mode. From a practical point of view, fully demonstrate the PPP model in line with A's development strategy, the construction of transportation infrastructure investment and financing mode of innovation and development is of great significance.Chapter Five is the conclusion. The social capital attracted by PPP and transportation infrastructure construction can be regarded as the great necessity for the requirement of deepening reform. Moreover, it is also the important action taken to improve the relationship between the government and the market as well as the enterprises themselves, making the government serve better for society.