Study On Government Risk Management Of PPP Project

With the continuous development of China's economy and society,the public demand for infrastructure construction is increasing,the project construction process requires a lot of financial support,and the financial sector of our government departments is limited.In order to further promote the process of project construction and ensure the strong momentum of China's economic development,government departments are increasingly favored by the use of PPP model to introduce social capital to participate in the construction of public infrastructure.PPP model is based on the"benefit sharing,risk a total of" on the basis of the government departments to reduce fiscal expenditure,private capital to increase future income for the purpose of public and private agreement based on the agreement to reach a common partnership.In the use of PPP model construction projects in the government departments need to bear the corresponding risks,and the size of government risk management capacity of the success of the PPP project has a certain impact.This paper summarizes the current situation of government side risk management,and points out the existing problems in the process of government risk management.At present,the government in the side of the risk management mainly includes risk identification,risk assessment,risk response process.Based on the present research situation at home and abroad and the research on the existing PPP cases,the government side risk of PPP project is classified according to the risk analysis.In the risk assessment,a variety of PPP risk assessment methods are compared,and finally the risk weight comparison is carried out from the qualitative and quantitative aspects through the analytic hierarchy process.In the risk response,the general coping method is introduced,and the advantages and disadvantages of each method are compared.On the basis of the above analysis,the author puts forward some suggestions on the whole process of government risk management and various sub-processes.It is suggested that the government departments should improve the whole process of risk management,increase the feedback on risk management and improve the relevant laws and regulations.In the three processes involved in risk management,we also need to increase the selection of relevant methods and gradually improve the various methods.Finally,this paper analyzes the risk management of the government side in the process of risk identification,risk assessment and risk coping in the actual case of Shenzhen Dayun Center.The main purpose of this paper is to study the risk management of PPP project from the perspective of government departments.Based on the basic definition of PPP model and the theoretical basis of risk management,the basic characteristics of PPP model and the basic connotation of risk management are grasped.The importance of risk management.It points out that the management of the risk of government departments can help the successful completion of the project and promote the development of PPP projects,increase the initiative of social capital to carry out infrastructure investment,raise the awareness of government departments' own risk management,and provide the risk management for government departments reference.