The Application Of PPP Model In Infrastructure Construction

As with the Chinese economic development has entered a new normal,steady progress comprehensively deepen reform under the background of government financial capacity can not meet the growing public demand for infrastructure construction,as a new model of PPP model will guide China's public infrastructure construction of a new round of.The previously existing government led infrastructure construction in debt is usually not considered its fiscal income,only to pass by the new old or higher levels of government assistance to resolve its debt problems,resulting in local government debt pressure increase,even in the local debt nationwide rapid rise.In addition,the construction of public infrastructure usually requires a large amount of investment,the construction of a long time,capital recovery cycle longer,and this kind of infrastructure project is fully borne by the government,the government led to excessive debt financing phenomenon.Through the use of PPP mode can make the local government and social capital to complete their project risk early in the project proceeds,the government can clear the scale of investment projects,to achieve transparency of government expenditure,and improve the construction progress of the project and the project construction efficiency can be through the introduction of social capital,so as to improve the project management system,through the incentive local government expenditure,promote local debt toward standardization development.From the start of the PPP model,introduces the operation process of PPP model in infrastructure construction,the risk factors existing in the process of operation are analyzed,and in Wuhan,thousands of sub mountain eco industrial park as an example,how to choose the operation mode,the equity allocation scheme and risk sharing framework,the specific research project PPP the return mechanism,transaction structure and purchasing method,according to the domestic and foreign PPP project operation experience summary of China's current PPP mode existing problems,and put forward reasonable suggestions for improvement,for the future exploration of PPP mode and should lay the foundation.